This monthly monetary model for the euro area is gradually constructed from its two constituting components: a money demand and a loan demand model which both include the relation between the respective retail bank rates and the short-term market interest rate. Eventually, the encompassing...

We analyse the potentially vulnerable and systemically relevant financial intermediation chain established by hedge funds and prime brokers. Our dataset covers the 306 largest global hedge funds and their prime brokers over the period July 2001 to December 2011. The study illustrates that hedge...

This study analyses the current system of decentralised administrative support and coordination within the European Commission, focussing particularly on organisational efficiency in Human resources management and in External Communication as well as on staff perceptions in general. It includes...

EU decentralised agencies are submitted to some financial and administrative requirements initially established for the EU Institutions (e.g. arising from Staff Regulation, Financial Regulation). Given the size of most of them, a significant proportion of their staff is dealing with...

This Final Report presents the outcome of the “Thematic global evaluation of the Commission support to decentralisation processes”. The Evaluation was commissioned by the DG DEVCO Evaluation Unit and was implemented between January 2010 and February 2012. The purpose of the evaluation is to...

This guidance provides a comprehensive overview of the TALD analytical framework that is meant to help EU delegations assess the policy, institutional and technical capacity constraints affecting territorial development in a given context; and to determine where and how they can best intervene...