The Common Agricultural Policy (CAP) of the European Union (EU), one of the most important symbols of the European regional integration process, completed fifty years in 2012. At first glance, many of its positive aspects, which places the EU as the global largest exporter position of agri-food...

Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are reflected in high sovereign yield spreads and put further strain on government finances. Is austerity successful in restoring market confidence, bringing about a reduction in yield...

This paper studies the effects of job creation tax credits (JCTCs) enacted by U.S. states between 1990 and 2007 to gain insights about fiscal foresight (alterations of current behavior by forwardlooking agents in anticipation of future policy changes). Nearly half of the states adopted JCTCs...