Narrow search
Showing 81 - 90 of 142
Cover Image
Measuring sovereign contagion in Europe
Caporin, Massimiliano; Pelizzon, Loriana; Ravazzolo, … - 2015
This paper analyzes sovereign risk shift-contagion, i.e. positive and significant changes in the propagation mechanisms, using bond yield spreads for the major eurozone countries. By emphasizing the use of two econometric approaches based on quantile regressions (standard quantile regression and...
Persistent link: https://www.econbiz.de/10010527396
Cover Image
Disintegration and Trade
Fidrmuc, Jarko; Fidrmuc, Jan - 2001
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three … recent disintegration episodes involving the firmer Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very … strong home bias around the time of disintegration, with intra-union trade exceeding nfirmal trade approximately 43 times in …
Persistent link: https://www.econbiz.de/10010313323
Cover Image
Political Economy of Fiscal Unions
Fidrmuc, Jan - 2013
I formulate a political-economy model of a fiscal union where the threat of secession imposes a limit on fiscal redistribution between regions. I argue that the trade-off between implementing the region's preferred fiscal policy and benefiting from inter-regional risk sharing depends on the...
Persistent link: https://www.econbiz.de/10010318806
Cover Image
How does international monetary leadership end? The Sterling Area revisited
De Bromhead, Alan; Jordan, David; Kennedy, Francis; … - 2021
1979 to understand the process of international economic disintegration. Using an original cross-national panel dataset, we …
Persistent link: https://www.econbiz.de/10012501031
Cover Image
Measuring sovereign contagion in Europe
Caporin, Massimiliano; Pelizzon, Loriana; Ravazzolo, … - 2015
This paper analyzes sovereign risk shift-contagion, i.e. positive and significant changes in the propagation mechanisms, using bond yield spreads for the major eurozone countries. By emphasizing the use of two econometric approaches based on quantile regressions (standard quantile regression and...
Persistent link: https://www.econbiz.de/10010527055
Cover Image
Political economy of fiscal unions
Fidrmuc, Jan - 2013
Persistent link: https://www.econbiz.de/10009769268
Cover Image
Political economy of fiscal unions
Fidrmuc, Jan - 2013
I formulate a political-economy model of a fiscal union where the threat of secession imposes a limit on fiscal redistribution between regions. I argue that the trade-off between implementing the region's preferred fiscal policy and benefiting from inter-regional risk sharing depends on the...
Persistent link: https://www.econbiz.de/10009772825
Cover Image
Political economy of fiscal unions
Fidrmuc, Jan - In: European journal of political economy 40 (2015) 1, pp. 147-157
Persistent link: https://www.econbiz.de/10011535661
Cover Image
Budget constraints in party-states nested in power relations : the key to different paths of transformation
Csanádi, Mária - 2004
selfsimilarities and structural differences in the operation and different paths of disintegration, collapse and transformations of …
Persistent link: https://www.econbiz.de/10011560537
Cover Image
A comparative model of party-states : the structural reasons behind similarities and differences in self-reproduction, reforms and transformation
Csanádi, Mária - 2004
This paper draws up an empirically based comparative analytical model called by its constructor as the Interactive party-state model (IPS). It details the elements, the principles of connection of these elements and the principle of operation of the whole party-state construct. It also defines...
Persistent link: https://www.econbiz.de/10011560547