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Persistent link: https://www.econbiz.de/10009638701
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The evaluation has three objectives: To assess EU support to environment and climate change in third countries through the Thematic Programme for Environment and Sustainable Management of Natural Resources including Energy (ENRTP)1, and through the geographic instruments. To evaluate EU support...
Persistent link: https://www.econbiz.de/10011624987
The evaluation of the European Union (EU) cooperation with Bolivia between 2007 and 2013 took one year to prepare … Bolivia; and (b) to identify lessons learned and formulate recommendations to improve the current and future strategies of the … EU programmes and actions in Bolivia. Based on the Terms of Reference (ToR), the following key question was posed: How …
Persistent link: https://www.econbiz.de/10011799348
Ce rapport présente les résultats de l’évaluation de la coopération de la Commission européenne (CE) en Bolivie entre 1996 et 2006. Il s’agit d’une « évaluation-pays » dont les objectifs sont, d’une part, de fournir une appréciation globale et indépendante de la coopération de...
Persistent link: https://www.econbiz.de/10011799424
This evaluation was commissioned by the Evaluation Unit of the European Commission’s Directorate-General for International Cooperation and Development. It evaluates the European Union’s (EU) Joint Programming process during the period 2011-2015. It covers all regions and countries of EU...
Persistent link: https://www.econbiz.de/10011799501
This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...
Persistent link: https://www.econbiz.de/10009635905
Traditional Taylor rules, which are estimated using a level specification linking the short-term interest rate to inflation and the output gap, are unstable when estimated on euro area data and forecast poorly out of sample. We present an alternative reaction function which takes the...
Persistent link: https://www.econbiz.de/10009635919
This paper studies the informational content of the slope of the yield curve as a predictor of recessions in the euro area. In particular, the historical predictive power of ten yield spreads, for different segments of the yield curve, is tested using a probit model. The yield spread between the...
Persistent link: https://www.econbiz.de/10009636517