Showing 199,911 - 199,920 of 201,687
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
Cohesion policy and regional policy as a main part of cohesion policy are the most important policies of European Union. This could also be view from the volume of financial resources allocated for these policies. One of the main current research issues is analyzing efficiency and effectiveness...
Persistent link: https://www.econbiz.de/10011546908
The increasing openness of economies and the phenomenon of globalization has led to know-how and innovation becoming the key factors for business in terms of competitiveness. Thus, the fact that the activities and services are increasingly innovative means that the construction of innovation is...
Persistent link: https://www.econbiz.de/10011547134
activities in a given community. The European coverage is achieved by using data on 255 NUTS-2 regions of the 25 pre-2007 EU …
Persistent link: https://www.econbiz.de/10011548229
One of the main goals of the European Research Area (ERA) concept is to improve coherence and integration across the European research landscape by removing barriers for collaborative knowledge production in a European system of innovation. The cornerstone of policy instruments in this context...
Persistent link: https://www.econbiz.de/10011548747
joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the … 2000-2007, just before and after the EU's major enlargement. This suggests that the increasing economic integration … average GDP per capita level seen in Western Europe. The third scenario, based on a long-term economic forecast for the EU …
Persistent link: https://www.econbiz.de/10011548764
This paper shows a standard RBC model, when augmented with a VAT evasion channel, where evasion depends on the consumption tax rate, can produce a hump-shaped consumption Laffer curve. Furthermore, when the evasion channel is turned off, the hump in the Laffer curve disappears, resulting in a...
Persistent link: https://www.econbiz.de/10011548769
During the 2008 financial crisis, increasing risk and spillovers became a main concern for policy makers and banks. In addition, changes in sovereign and bank risk are believed to have had strong effects on world-wide exchange rates. This paper aims to analyze these dynamics empirically. We...
Persistent link: https://www.econbiz.de/10011549749
This paper provides some empirical evidence of the impact of two policy measures, aiming at supporting innovative activity of small and medium firms in Piedmont. Both measures use European Structural Funds, but are managed at a regional level. Measure 2.1b, a concessional loan aiming at...
Persistent link: https://www.econbiz.de/10011550694
What is region? From an economic point of view, a region is a unit in which capital and labour move freely and goods and services are totally open to trade with other regions without any frontiers or limitations. The openness of the regions and their interaction with other regions are their main...
Persistent link: https://www.econbiz.de/10011550790