Die Europäische Union steht nicht nur für freien Handel, offene Grenzen und eine gemeinsame Währung. Jeder EU-Bürger gleich welchen Alters hat das Recht, in einem EU-Land seiner Wahl zu reisen, zu leben, zu arbeiten, zu studieren oder seinen Ruhestand zu verbringen. Es gibt eine Fülle von...

During the summer and autumn of 1998 the European Foundation for the Improvement of Living and Working Conditions carried out a major survey on Employment Options of the Future across the 15 EU Member States and Norway. Who wants to work? When? Why? These were the major questions examined in the...

The purpose of the evaluation is to provide a comprehensive and independent assessment of the European Union (EU)’s past and present cooperation in Ivory Coast, in order to draw key lessons and make recommendations for the future, including within the context of joint programming between the...

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...

This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...

Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa Wer die allgemeine Organisation der Bildungssysteme in Europa kennen lernen möchte, findet die entsprechende Basisinformation in den ca. 40-Seiten umfassenden Länderberichten. Diese Monografien werden...

This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...

Member States are permanently excluded. However, there remains a risk that France and Germany will use the idea of a core Europe to cajole others into accepting their demands. Such a strategy would be deeply divisive for the Union. Franco-German cooperation is welcome if u0096 and only if u0096...