Drug use and drug-related problems continue to be a major concern for EU citizens, as well as being a significant public health and public safety issue. Around one quarter of the adult population is estimated to have used illicit drugs at some point in their lifetime, with cannabis the most...

Drugs and drug-related problems are major concerns for EU citizens and a major threat to the security and health of European society. The use of drugs, particularly among young people, is at historically high levels. The European Commission has been studying the importance of drug-related...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...

This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...