Showing 1 - 10 of 3,065
The authors review the challenges that the Romanian economy and society had to face in the European and global geoeconomic context. Starting from the perspectives advanced by the international economic fora, the risks the European economy will have to answer through counteracting and general...
Persistent link: https://www.econbiz.de/10014464256
ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in … ; Euro Area External Finance Premium ; Financial Accelerator ; Bayesian Estimation ; Inflation …
Persistent link: https://www.econbiz.de/10003972629
ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in …
Persistent link: https://www.econbiz.de/10013145340
This paper presents evidence on the lag between monetary policy actions and the response of inflation in the euro area … regime thereafter. Results based on alternative definitions of inflation persistence support these findings, although, they … suggest that a drop in German inflation persistence and a shift in the mean of inflation - particularly in Italy and France …
Persistent link: https://www.econbiz.de/10013320116
This contribution investigates the form and content of a new and updated European Union (EU) legal framework intended to regulate third-country import pipelines for gas, including the ‘upstream' component of the Nord Stream 2 pipeline. The article will first set the scene and examine the...
Persistent link: https://www.econbiz.de/10012850131
Energy use is intertwined with environmental harms, climate, and economic development. However, the United States has failed to balance these interests together to make effective policy that can address each of these issues. The need for such integrative policy has become more and more obvious...
Persistent link: https://www.econbiz.de/10014146189
This contribution develops a theory on the impact of differentiation on integration and unity among EU member states and discusses empirical evidence from four policy areas. According to the theory, the centripetal effects of closer cooperation among willing EU members on initially unwilling...
Persistent link: https://www.econbiz.de/10014129884
This paper presents a model of nation formation in which culturally heterogeneous agents vote on the optimal level of public spending. Larger nations benefit from increasing returns in the provision of public goods, but bear the costs of greater cultural heterogeneity. This tradeoff induces...
Persistent link: https://www.econbiz.de/10014054107
With the passage of Act 48 in May 2011, Vermont has become the first U.S. state to enact a law for a universal, publicly financed health care system. The state is on course for implementing a single payer system by 2017. This first breakthrough in the decades-long struggle for universal health...
Persistent link: https://www.econbiz.de/10014174172
This paper analyses Egypt's social protection systems. It asks why poverty is so widespread and why – despite the country's numerous sophisticated social protection systems - social risks are a major contributing factor to poverty in Egypt. It concludes that reforms are due. The existing...
Persistent link: https://www.econbiz.de/10013086679