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The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...
Persistent link: https://www.econbiz.de/10010886612
The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...
Persistent link: https://www.econbiz.de/10010670287
During the early post-war period, Western trade union movements grew in membership and achieved an institutionalized role in industrial relations and politics. However, during the last decades, many trade unions have seen their membership decline as they came increasingly under pressures due to...
Persistent link: https://www.econbiz.de/10005754790
Political interest of citizens usually is depicted as an individual attribute that can be explained by referring to the resources and skills of the people concerned. The analyses presented here are based on a critical assessment of the explanatory power of these approaches in cross-national and...
Persistent link: https://www.econbiz.de/10005754797
Many studies have underlined the existence of clear and persistent differences in the levels of political interest among European citizens. In this report these differences and developments in political involvement and political apathy are described and analysed, and conventional explanations in...
Persistent link: https://www.econbiz.de/10005553277
There are mainly two types of theories explaining banking crisis, emanating from the monetarist school respectively institutional economics. Using an allegory, monetarists are discussing how much water in terms of liquidity that is needed to stop a fire escalating into a disaster, while...
Persistent link: https://www.econbiz.de/10005836657
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well … independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We … of integration among the four Nordic economies. These differences are driven by the fact that Denmark and Finland have no …
Persistent link: https://www.econbiz.de/10011242239
and high household debt. The economic performance of the four continental Nordic economies (Denmark, Finland, Norway, and …
Persistent link: https://www.econbiz.de/10011243046
This paper examines 2013 Cluster Consultation—a Nordic Regional IMF staff report. Denmark, Finland, Norway, and … Sweden that form the Nordic region share a set of strong economic and social institutions and policies, with emphasis on …
Persistent link: https://www.econbiz.de/10011243412
This paper investigates the fractal behaviour of the electric spot prices traded in some European markets. Whereas the analysis leads to exclude the presence of multifractality, we provide evidence supporting the conclusion that the multifractional Brownian motion can represent a good candidate...
Persistent link: https://www.econbiz.de/10008755232