Showing 1 - 10 of 390
We assess monetary convergence preceding the implementation of the European Monetary Union (EMU) through Kalman filtering estimates of the risk premium of eleven forward exchange rates of European and non-European currencies. Since all participating currencies are in effect identical from...
Persistent link: https://www.econbiz.de/10009639925
surge in portfolio and debt inflows. By contrast, the quality of domestic institutions, the size of FDI inflows and the …
Persistent link: https://www.econbiz.de/10009639402
We identify the effect of financial integration on international business cycle synchronization, by utilizing a confidential database on banks’ bilateral exposure and employing a country-pair panel instrumental variables approach. Countries that become more integrated over time have less...
Persistent link: https://www.econbiz.de/10009640319
Persistent link: https://www.econbiz.de/10011624900
development support at various levels of Employment and Social Inclusion (ESI) to eradicate poverty and achieve social cohesion in … labour market and not on the entire framework of European Commission interventions in employment and social inclusion, and … employment creation – 6: Employability – 7: Decent Work. The findings were then clarified and synthesised in general and specific …
Persistent link: https://www.econbiz.de/10011799386
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...
Persistent link: https://www.econbiz.de/10009635881
, rather than FDI, which is the main financial instrument, while the financial system - and not the corporate sector or general …
Persistent link: https://www.econbiz.de/10009641175
Die EIoP ist ein referiertes, interdisziplinäres E-journal im Bereich der Forschung zur Europäischen Integration / Europaforschung. "Europäische Integration" ist dabei in einem weiten Sinne zu verstehen. Wissenschaftliche Beiträge aus allen relevanten Disziplinen, insbesondere aus den...
Persistent link: https://www.econbiz.de/10009636771
The Centre for European Reform is a think-tank devoted to improving the quality of the debate on the European Union. It is a forum for people with ideas from Britain and across the continent to discuss the many political, economic and social challenges facing Europe. It seeks to work with...
Persistent link: https://www.econbiz.de/10009636990
This paper presents a positive theory of centralization of political decisions in an international union. My central claim is that lobbies play a role in determining the assignment of competencies to the union because their power of influence can increase or decrease under centralization. I show...
Persistent link: https://www.econbiz.de/10009639847