This paper compares securities settlement gross and netting architectures. It studies settlement risk arising from exogenous operational delays and compares settlement failures between the two architectures as functions of the length of the settlement interval under different market conditions....

We compute average mark-ups as a measure of market power throughout time and study their interaction with fiscal policy and macroeconomic variables in a VAR framework. From impulse-response functions the results, with annual data for a set of 14 OECD countries covering the period 1970-2007, show...

We investigate the wage-setting behavior of French companies using an ad-hoc survey conducted specifically for this study. Our main results are the following. i) Wages are changed infrequently. The mean duration of wage contracts is one year. Wage changesoccur at regular intervals during the...

We use a novel disaggregate sectoral euro area data set with a regional breakdown to investigate price changes and suggest a new method to extract factors from over-lapping data blocks. This allows us to separately estimate aggregate, sectoral, country-specific and regional components of price...

The Executive Agency for Consumers, Health and Food (CHAFEA), acting on behalf of the European Commission (DG SANCO) commissioned Ipsos and London Economics to undertake a study into the impact of information on patients’ choice in the context of Directive 2011/24/EU of the European Parliament...

This Synthesis Report presents the main findings of the 2017 EMN Study Approaches to Unaccompanied Minors Following Status Determination in the EU plus Norway. The study covers the period 2014-2017, thereby following up on previous EMN research on unaccompanied minors. It may serve to inform...

The overall objective of the study is to map the policies and administrative practices that shape third-country nationals’ access to social security, including healthcare. There is substantial variation in how third-country nationals experience the social security system in EU Member States,...

The purpose of this report is to set out in brief form the law across the EU Member States, Bulgaria and Romania relating to discrimination on grounds of sex, sexual orientation, disability, religion and belief and age (the u0093relevant groundsu0094), to the extent that such discrimination...

This project aims to build upon on the findings of the Organization for Security and Cooperation in Europe (OSCE) High Commissioner on National Minorities (HCNM) Report on the Situation of Roma and Sinti in the OSCE Area (April 2000). Specifically, the inadequacy of available information...