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Persistent link: https://www.econbiz.de/10013289555
European authorities introduced stringent lockdown measures in early 2020 to reduce the transmission of COVID-19. As the first wave of infection curves flattened and the outbreak appeared controlled, most countries started to reopen their economies albeit using diverse strategies. This paper...
Persistent link: https://www.econbiz.de/10013314836
EU law is a separate legal framework, different from international law, and integrated into the legal systems of the Member States. The Union's legal framework is based on autonomous legal sources. Different nature of these sources requires the introduction of a hierarchy among them. At the top...
Persistent link: https://www.econbiz.de/10012915305
The regained interest in the EU for public procurement as a means to stimulate innovation has prompted a debate regarding to what extent the laws regulating public procurement, in particular the EC Procurement Directives, hinder innovation. The rationale for committing to such a debate is...
Persistent link: https://www.econbiz.de/10014163721
This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results...
Persistent link: https://www.econbiz.de/10010298102
Applying a variant of a non-parametric matching estimator, we consider European funding and national funding as heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and performance. In terms of input, getting funding from both...
Persistent link: https://www.econbiz.de/10010306008
Ende Juni 2013 hat die Europäische Kommission Leitlinien für Regionalbeihilfen für den Zeitraum 2014 bis 2020 verabschiedet. Der Autor argumentiert, dass diese Leitlinien stellenweise weder mit der ökonomischen Theorie noch mit verwandten Leitlinien und Mitteilungen der Kommission in...
Persistent link: https://www.econbiz.de/10011418830
This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
Persistent link: https://www.econbiz.de/10010325831
In this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discretionary fiscal policy and of...
Persistent link: https://www.econbiz.de/10011604625
This study examines the business cycle behaviour of public consumption and its main components; the public wage bill (including compensation per employee and public employment) and intermediate consumption in the euro area aggregate, euro area countries and a group of selected non-euro area OECD...
Persistent link: https://www.econbiz.de/10011604803