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The aim of the present paper is to highlight the degree of European stock market integration. We structured our research on two sections obeying the following order: the first one presents some considerations of the academic literature studying the field and the second analyses the main...
Persistent link: https://www.econbiz.de/10009025309
The present paper considers the implications of the postulate that the activities of scientists constitute complex phenomena in the sense associated with the methodological writings of the Nobel Prize-winning Austrian economist, methodologist, and political philosopher, F.A. Hayek. Although...
Persistent link: https://www.econbiz.de/10011592239
The present paper considers the implications of the postulate that the activities of scientists constitute complex phenomena in the sense associated with the methodological writings of the Nobel Prize-winning Austrian economist, methodologist, and political philosopher, F.A. Hayek. Although...
Persistent link: https://www.econbiz.de/10011602806
The present paper considers the implications of the postulate that the activities of scientists constitute complex phenomena in the sense associated with the methodological writings of the Nobel Prize-winning Austrian economist, methodologist, and political philosopher, F.A. Hayek. Although...
Persistent link: https://www.econbiz.de/10014135024
Following the financial crash and the subsequent recession, European policymakers have undertaken major reforms regarding the European Economic and Monetary Union (EMU). Yet, the success rate is mixed. Several reform proposals have either completely failed due to opposition forces or are still...
Persistent link: https://www.econbiz.de/10012391133
Persistent link: https://www.econbiz.de/10012259928
The purpose of this paper is to give an account of the debates regarding the implementation of a banking union in Europe that took place in Bruges in April 2013 at a Conference co-organised by the College of Europe and the European Commission's Joint Research Centre (JRC). The benefits to be...
Persistent link: https://www.econbiz.de/10010751588
MiFID will contribute to the EU financial market integration to the extent that it succeeds in smoothing-out divergent … European capital market. Moreover, MiFID is expected to widen risk transfer/sharing possibilities in the EU thus overhauling … powers and exercise their supervisory duties in an effective and coordinated way. However, the approach MiFID takes to reform …
Persistent link: https://www.econbiz.de/10004981469
The problem of multicollinearity in the assessments of coefficients is well established. However, it is rarely researched in the estimations of macroeconomic variables and economic performance of developing countries. Predicatively, it has impacts on the estimations of coefficients that should...
Persistent link: https://www.econbiz.de/10014179444
In this study I review the main scientific contributions of Minsky and other scholars to the financial instability and crisis issues, and the role of institutions in modeling the medium and long financial and business waves. The topics developed in this paper are the following: the relationships...
Persistent link: https://www.econbiz.de/10011565008