This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...

1. Post-Crisis Growth: Prospects in the European Union -- 2. Convergence Is Alive and Well in Europe -- 3. Unconventional Monetary Policy in the United States and Europe -- 4. Time to Tidy up EU Competition on Information Exchange Object Restriction Concerted Practices? -- 5. European Union...

This study analyzes the time stability of both the GDP beta convergence and the impact of monetary policy variables on economic growth in EU27 countries during 1993-2010 and EU15 during 1972-2010. To address the problem of variables' selection, Bayesian model pooling (BMP) is used while choosing...