This paper addresses findings from previous asset pricing research that reveal lottery-like stocks are mispriced. This conclusion, however, relies on asset pricing models which might suffer from the joint hypothesis problem: That is, abnormal returns can reflect market inefficiencies, a bad...

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...

We study the impact of political knowledge on the attitudes of European citizens towards the possible distribution of responsibilities between European level institutions and national governments in three policy areas: foreign policy, defence and immigration policy. The hypothesis tested is that...

In this paper we show that individual preferences for immigration are also shaped by specific non-economic factors. In order to account for non-economic differences in a broader sense, we rely on linguistic relativity hypothesis according to which differences in grammatical structures may induce...

Over the past two decades, there has been particular interest in new technologies that may have the potential to enable environmentally sustainable economy, in the context of an aging world population, without requiring an end to growth. The number of seniors is growing around the world mainly...

International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...

This study examines the macro drivers of the time-varying (dynamic) connectedness between eleven European tourism sectors. Financial integration between the travel and leisure markets, measured by their dynamic correlations or co-movement, is explained by common global fundamentals. The...

Die Studien- und Forschungseinrichtung Notre Europe wurde am 5. Juli 1996 als eingetragener Verein gegründet (veröffentlicht im Amtsblatt der französischen Republik am 21. August 1996). Das Ziel von Notre Europe ist es, Studien, Forschung und Ausbildung zur Geschichte, Zivilisation und den...

Die Studien- und Forschungseinrichtung Notre Europe wurde am 5. Juli 1996 als eingetragener Verein gegründet (veröffentlicht im Amtsblatt der französischen Republik am 21. August 1996). Das Ziel von Notre Europe ist es, Studien, Forschung und Ausbildung zur Geschichte, Zivilisation und den...