"Kulturelle Vielfalt und pulsierende Kreativität sind Europas Markenzeichen. Der europäische audiovisuelle Sektor, dessen Wert auf rund €96 Milliarden geschätzt wird und der über 1.100 Filmproduktionen pro Jahr erzeugt, verkörpert wahrscheinlich am besten diese Werte. Allerdings wird nur...

"The purpose of this six-month study was to provide the Commission with a description of the different provisions, which exist within the aforementioned States, to implement Chapter III of the TWF Directive. This description covers both the implementation of these provisions, and also other...

"European Publishing Monitor is a 12 month project analysing the publishing industries in selected European countries ... The project will help the European Commission understand the challenges faced by the publishing industry in selected countries. ..."

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete in a differentiated loan market, hold reserves against liquidity shocks, and refinance in the interbank market. A merger creates an internal money market that induces financial...

This paper addresses a very European issue, the consolidation of securities trading and settlement infrastructures. In a two-country model, we analyze welfare implications of different types of consolidation. We find that horizontal integration of settlement systems is better than vertical...

This guide shows how a life cycle approach can be used to identify and reduce the environmental and health impacts of the products we use. It underlines the importance of considering these issues across the entire life cycle of a product and sets them within the context of policy development,...

This Country Focus studies the development of private consumption in France during the decade before the crisis. Are French consumers greater spendthrifts than their European fellows? In this paper, we estimate a consumption function to show that strong growth of private consumption in France...

In Germany private consumption virtually stagnated for nearly a decade and clearly lagged behind GDP growth. This Country Focus uses the estimation of a consumption function to show that the drop in employment is the most important factor behind the reluctance to consume in the first half of...