Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...

The paper explores the economic implications of the possible Turkish accession to the European Union. It focuses on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU membership; and (iii)...

In order to produce Eurostat demographic projections, scenarios on international migration for European countries have to be defined. To arrive at soundly founded method to formulate meaningful migrations assymptions, the project « Analysis and forccasting International Migration by Major...

Ziel dieser Veröffentlichung von Eurostat mit dem Titel u0084Bevölkerungsstatistik: Definitionen und Methoden in 31 europäischen Ländernu0093 ist es, die Systeme zur Erhebung demografischer Daten, die Definitionen der wichtigsten Ereignisse im Lebensverlauf und die Methoden für die...