Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...

This is the first EEA publication to address the impacts of natural disasters and technological accidents across Europe. Focusing on major events between 1998 and 2002, the report adds value to existing studies by bringing together available information on their human and economic costs and...

The present study aims to provide a critical analysis of the causes that lead to the most relevant recent forest fires events in the EU, focusing in particular on Southern European countries. In particular, the study assesses to what extent forest fires have been influenced by forest management,...

In the last two decades, many western European textiles and clothing companies have moved their manufacturing activities to low-cost countries in Eastern Europe or to non-European countries (e.g. India, China), resulting in a decline in sectoral employment. This report examines the main factors...

This report aims to provide an overview of the factors influencing the location strategies of companies within the European transport sector, including a description of different internal and external expansion strategies chosen by companies. The literature on location decisions of transport...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...