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tourism sector, policy-making issues, and the more general area of sustainable development. The introduction to the study … outlines the process of sustainable tourism. It briefly discusses the effects of the 11th September, and provides a brief … overview of the European tourism industry and its place in the global economy. …
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The first official data releases of quarterly real GDP for the euro area are published about eight weeks after the end of the reference quarters. Meanwhile, ongoing economic developments must be assessed from various, more readily available, monthly indicators. We examine in the context of...
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This paper analyses the information content of M1 for euro area real GDP since the beginning of the 1980s and reviews theoretical arguments on why real narrow money should help predict real GDP. We find that, unlike in the U.S., in the euro area, M1 has better and more robust forecasting...
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