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...

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...

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...

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...

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...

This Digest focuses on independent human rights institutions for children, and the urgent need to create such institutions in every country in the world to protect, promote, and monitor children's rights. Children are among the most vulnerable group in any society, with no vote, no access to the...

This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to...

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...

The European welfare regimes face two sets of challenges. One internal, specific for the welfare state itself, and the other external, imposed by changing economic, political and economics conditions. The first challenge lies in the growing gap between the rigid welfare state design and flexible...