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We provide a general characterization of the structure of rational expectations equilibria of any degree of revelation for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial market and nominal assets. We estimate the dimension of the...
Persistent link: https://www.econbiz.de/10009635915
This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...
Persistent link: https://www.econbiz.de/10009636533
Persistent link: https://www.econbiz.de/10009638953
This evaluation examined the support the European Commission’s DG for Development and International Cooperation (DEVCO) provided to Research and Innovation (R&I) in partner countries during the last EU budget period (2007-2013).
Persistent link: https://www.econbiz.de/10011624959
seven evaluations of General and Sector Budget Support, undertaken in Tunisia, Mali, Zambia, Tanzania, South Africa … study builds on preliminary findings reported in 2011 in OECD-DAC’s Evaluation Insights, based on the Tunisia, Mali and …
Persistent link: https://www.econbiz.de/10011625009
The purpose of this evaluation specifically relates to the SIGMA Programme implemented in eleven beneficiary countries of the European Neighbourhood Region (ENP) from its inception in the ENP Region in 2008 until mid-2013. This evaluation assesses the SIGMA Programme in the ENP Region in terms...
Persistent link: https://www.econbiz.de/10011799361
The mandate for this study was to undertake an evaluation of EU external action as managed by three DGs: DG RELEX, DG DEV and DG AIDCO. The Terms of Reference identified two main objectives (ToR, Feb 2010, Section 1 – reproduced in Annex 1): · To provide an overall independent assessment of...
Persistent link: https://www.econbiz.de/10011799380
This report presents the results of the evaluation of European Commission budget support operations in Tunisia between … in Tunisia, through a specific evaluation of budget support, and- test the 3-Step approach developed within the OECD … fourteen, funded by the EC in Tunisia over the 1996-2008 period: general budget support SAF I, II, III and IV, and sector …
Persistent link: https://www.econbiz.de/10011799383
Ce rapport présente les résultats de l‟évaluation de la stratégie de coopération de la Commission Européenne avec la Tunisie entre 1995 et 2008. Les objectifs sont, d‟une part, de fournir aux services de la CE ainsi qu‟aux partenaires concernés une appréciation globale et...
Persistent link: https://www.econbiz.de/10011799393
This evaluation aims to assess the extent to which the European Commission’s (EC) assistance has been relevant, efficient, effective and sustainable in producing the expected impacts in the education sector. Moreover, the evaluation also assesses co-ordination and complementarity with other...
Persistent link: https://www.econbiz.de/10011799397