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Persistent link: https://www.econbiz.de/10003312041
Monetary conditions and economic activity in the euro area. With a VAR model, we show that the economies of the euro area are strongly dependent on the monetary conditions (short term interest rate, exchange rate). In the long-run, the industrial activity of the area enters in a co-integrating...
Persistent link: https://www.econbiz.de/10014057575
The aim of this paper is to test the presence of strategic interactions in government spending on Research and Development (R&D), among EU-15 countries. We add to the literature on public choice strategic interactions in general, and to work on R&D spending in particular. We take account of...
Persistent link: https://www.econbiz.de/10010569267