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This report presents results of the project Impacts of Renewable Energy on European Farmers. It focuses on the (potential) role that on-farm generation of Renewable Energy in the EU-27 may play both in realisation of national and EU environmental targets as in (re)vitalising agriculture and...
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The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...
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In this paper we assess the importance given in capital markets to the credibility of the European fiscal framework. We evaluate to which extent relevant fiscal policy events taking place in the course of 2002 produced a reaction in the long-term bond segment of the capital markets. Firstly, we...
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This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
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stress” (increases in risk) and “fiscal stress” (sustainability concerns). Analysing US and euro area data with a common …
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