This paper investigates the relationship between volatility and economic growth in the European regions over the period 1995-2008. To that end, we estimate a two-way fixed effects panel data model using spatial econometric techniques that allow us to incorporate into the analysis the relevance...

Though a country's economy is growing, separate regional development disparities could be even more significant. This paper aims to identify the situation of inequality of Lithuania's regions, taking into consideration the most important factors of regional economic growth and investments....

The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...

The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...

Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically...

Between 2003 and 2005, the German government passed an unprecedented package of labor market reforms, commonly known as the Hartz-reforms. This led to a "labor market miracle" with sharply declining unemployment rates. This paper examines these reforms at the regional level and provides a...