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...

This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, we show that European Capitals are hosted in regions...

A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established institutions must be democratic and have strong support from citizens rather than from national governments. Secondly, the large number of different ethnic, cultural,...

This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, we show that European Capitals are hosted in regions...

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...

Following ECB-president Draghi's remark that the European Social Model does no longer exist and the crisis can only be overcome through a combination of austerity and structural reform, this paper examines the consequences of austerity measures and structural reforms adopted during the crisis in...

This paper offers a theoretical framework to analyze the implementability and performance of water rights buy-back schemes. On prediction of the model is that the success of the buy-back mechanism crucially depends on the effectiveness of the monitoring regime. When this is limited the...

EU climate policy based on GHG emissions reduction (mitigation) is coupled with measures aimed at responding efficiently to the unavoidable consequences of climate change (adaptation). However, as the European Commission stated recently in its Green Paper on adaptation in Europe, there is still...

This chapter revisits the interaction between the EU rules on State aid and on public procurement. It probes the standard presumption that compliance with EU procurement rules excludes the existence of State aid because public tenders are apt to replicate market conditions and thus suppress any...

A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established institutions must be democratic and have strong support from citizens rather than from national governments. Secondly, the large number of different ethnic, cultural,...