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This paper investigates the causes of disproportionate increases of sovereign yields with respect to the interest rate on the 10 years German Bund within the Eurozone. Empirical evidence drawn from the BIS dataset on banks' portfolios shows that rapid financial integration, following the launch...
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The European integration process can be regarded as an aspect of the overall process of globalization and at the same time as an attempt to reconcile the move towards standardization with the defence of national diversity. A central role in the effort to exploit the benefits of integration...
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This paper investigates the evolution of the inequality in well-being across di erent EU countries between 1994 and 2001 by means of a multidimensional approach focusing on income, housing, education and health. We first analyse the four dimensions each by each through an univariate...
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Occupations and sectors are the two fundamental dimensions of structural change. From the evolution of the high/low-skill employment levels and wage ratio, we can understand which sectors have been undertaking a process of technical change. By using Eu-Silc database we investigate four...
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