Labor productivity convergence is a key factor in the catching up process of less developed regions. For the regional economies as a whole labor productivity differentials can be traced back to three distinct determinants: - composition effects due to the peculiar structure of the regional...

This paper contributes to the ongoing efforts by the European authorities to reduce the reporting burden for banks by assessing the statistical methods currently used to compile data on financial transactions related to securities holdings. Based on statistical information collected from the...