This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric … these costs. In particular, our results are consistent with the selective use of direct trade sanctions as punishment for … sovereign defaults. -- Sovereign defaults ; Default costs ; Case study ; Synthetic control methods …

externalities. The European Union's Common Agricultural Policy is currently undergoing a reform process which inter alia aims to … per hectare will forego the support scheme. -- Greening ; Common Agricultural Policy ; reform of the CAP ; agri …