The aim of this paper is provide an overview of European studies in Romania try to offer some information and perspectives which can help both Romanian institutions and the community of scholars in gearing their policies and efforts towards a faster institutionalisation of this research area....

The literature review showed that co-publications and co-patents are relevant proxies for international collaboration. Though publications are more frequently used than patents, not at least because private research collaborations and technological R&D may have additional outputs than only...

This third Progress Report of the FP7 SME Inter-service Task Force includes an analysis of SME participation rates across the themes of the Cooperation Programme in the first two full years of the Framework Programme (FP7). Statistical information is provided on the number of SMEs and the...

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...

There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and the euro area. Using Markov-switching techniques, in this paper we identify and compare specifically their major business-cycle features and examine the case for a common...

This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...