The introduction of genetically modified organisms (GMOs) in EU agriculture may have economic implications that result from incomplete segregation of GM and traditional crop production. In particular, the presence of GMOs could not be ruled out in non-GM agricultural products. Due to...

An obligation to label food based on whether it is derived from clone offspring would require all livestock animals to be assigned an individual identity and have their parentage and clone status recorded. Significant investment in data systems would be required to record and transfer the...

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...

This paper examines the degree of price rigidity in Belgian consumer prices, using a large database. As to the observed degree of rigidity, the results reveal a substantial amount of heterogeneity, not only across but also within product categories. While prices turn out to be perfectly flexible...