Europe's 'political space,' its dimensionality and its impact on European policies have received increased academic attention lately. Yet, one very basic element of this political space, the party composition of EU member states' governments, has never been studied in a systematic way in the...

Voting behavior in elections to the European Parliament seems to follow a regular pattern, as many EP-election studies have found: Parties in government at the national level tend to lose vote shares in EP-elections as compared to the last domestic electoral contest; small and ideologically more...

The complexity of the multi-level European polity is not adequately represented by the single-level theoretical concepts of competing “intergovernmentalist” and “supranationalist” approaches. By contrast, empirical research focusing on multilevel interactions tends either to emphasize...

Over the past decades, models of circular and cumulative causation, based on the endogenous relations between prices, exports, and labour productivity, have lost prominence in explaining economic dynamics. We argue that, in the absence of counterbalancing mechanisms, the combination of...

We estimate the dynamic effects of a high-frequency identified unionwide quantitative easing (QE) shock on real GDP, inflation and unemployment in all euro area countries. We document that the effects of QE are very heterogenous across countries as regards size, significance and timing,...

This EIQ paper was inspired by the headline 'British artists in a historic clean sweep of 2022's Official Top 10 singles'. British artists accounted for all the Top Ten of the end-of-year singles chart of 2022 - for the first time since the charts were published over 50 years ago. A quick glance...

A sequence of severe shocks has brought inflation back to Europe and America, but unemployment is still at record low levels. Is higher unemployment required to bring inflation down? The challenges are the same for both economies across the Atlantic, the policy tools resemble each other, but...