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The effectiveness of the foreign exchange market interventions conducted by the Deutsche Bundesbank during the Louvre period to alter either the level or the volatility of the $/DM spot rate is examined. Volatility quotes implicit in foreign currency options are employed to recover the impact of...
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parliament who face a conflict of interests but also have lower control costs due to their experience and information advantage … for German Laender, we find that the fraction of public servants in parliament is positively related to the number of …
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The thesis that European integration has become "politicised" has prompted a major debate in comparative political science and research on the EU. This debate nevertheless remains inconclusive with regard to links between the objects and thematic focal points of EU controversies (justification...
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