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Our brief was to research what policy options are available to ensure a reliable and transparent online gambling market …, and to establish whether a Code of Conduct for licensed gambling operators is an adequate measure to ensure the integrity …) gambling, and under-age gambling. [...] …
Persistent link: https://www.econbiz.de/10009638862
The objective of this evaluation is to provide an overall independent assessment of the Commission’s past and current cooperation with Colombia over the period 2002-2011. It also aims at identifying key lessons in order to improve the current and future strategies and programmes of the...
Persistent link: https://www.econbiz.de/10011799366
Some transformations occurred in the area of private property ownership following the change of political regime in former socialist or communist countries. The six analysed countries (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Romania and Serbia) illustrate well the whole range of...
Persistent link: https://www.econbiz.de/10011902442
The conflict or war in former Yugoslavia had profound humanitarian consequences, amongst others a massive displacement …
Persistent link: https://www.econbiz.de/10011902444
Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects … already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining … influence of inflation on factor substitution. It turns out that already in a simple neoclassical monetary growth model this …
Persistent link: https://www.econbiz.de/10009635886
By placing store-level price data into bivariate Structural VAR models of inflation and relative price asymmetry, this …. Robustly to alternative definitions of the relative price, identification schemes dictated by two-sided (S,s) pricing theory … forecast error variance in inflation at the 12-month horizon. While the contemporaneous correlation between inflation and …
Persistent link: https://www.econbiz.de/10009636524
In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a … general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price … helps to explain the sluggishness of inflation and the persistence of output after a monetary policy shock. The ability of …
Persistent link: https://www.econbiz.de/10009636527
principal components estimator, suited to estimate systems of fractionally cointegrated processes. The proposed core inflation … measure is the scaled common persistent factor in inflation and excess nominal money growth and bears the interpretation of … monetary inflation. The proposed measure is characterised by all the properties that an u0093idealu0094 core inflation process …
Persistent link: https://www.econbiz.de/10009636528
Equilibrium correction models of the price level are often used to model inflation. Such models assume that the long …
Persistent link: https://www.econbiz.de/10009636529
pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the …Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those … to properties of inflation expectations. Qualitative data on inflation expectations, as obtained from surveys, can be …
Persistent link: https://www.econbiz.de/10009635882