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SME bonus, which in essence means more and easier State aid. It is therefore deemed important that an SME is properly … classified as such, according to the provisions of Commission’s Recommendation 2003/361/EC on the SME definition, in order to … have been established to prevent abuse of the SME definition and reserve the benefit of the SME bonus to genuine SMEs. EU …
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In this paper a new instrument for monetary policy shocks is presented. Exogenous variation of the policy rate may come from frictions of collective decision-making. Dissenting votes indicate how far the final decision of the decision making body is from the mean of the members' individually...
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