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The Causal Relationship between Military Spending and Unemployment in the EU15

Sanso-Navarro, Marcos - 2015

This paper analyses the possible presence of Granger causality between military spending and unemployment rates in the … against the null hypothesis according to which it does not cause unemployment. These statistically significant causal …

Persistent link: https://www.econbiz.de/10013030323

Our Federalism Is Not Europe’s : It's Becoming Argentina’s

Greve, Michael - 2012

In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...

Persistent link: https://www.econbiz.de/10014164095

European Economic Crisis : Ireland in Comparative Perspective

Hardiman, Niamh - 2010

The current economic crisis has hit all European countries hard, but some are much more severely affected others. The problems manifest in European peripheral countries, especially Ireland, Spain, and Greece, have roots in domestic policy mistakes. However, the European context of these policy...

Persistent link: https://www.econbiz.de/10013140723

Military Expenditure and Unemployment Nexus in Bangladesh

Hanif, Abu; Salah Uddin, Muhammad; Bakirtas, Tahsin; … - 2023

The purpose of this study is to investigate the impact of military expenditure on unemployment in Bangladesh, examining … the cointegration among unemployment, military expenditure, and foreign direct investment. It also sheds light on the … variable is unemployment and military expenditure and FDI are the independent variables. This research found a long run …

Persistent link: https://www.econbiz.de/10014347376

European Commission Proposes Expanding the European Defence Fund—A Major Potential Barrier to Transatlantic Defense Procurement

Yukins, Christopher R. - 2018

The European Commission (EC) has proposed expanding the European Defence Fund, an initiative to fund defense technology developed in Europe. As a general matter, only European firms would have access to the fund for development, and participating European nations would need to commit themselves...

Persistent link: https://www.econbiz.de/10014112981

Interdependence between US and European Military Spending : A Panel Cointegration Analysis (1988-2013)

Caruso, Raul - 2015

The aim of this paper is to study the interdependence of military spending between US and a panel of European countries in the period 1988-2013. The empirical estimation is based on a: (i) a unit root tests and a cointegration analysis; (ii) FMOLS and DOLS estimations. General results highlight...

Persistent link: https://www.econbiz.de/10013022255

Debt financing European air defence : forum

Steinbach, Armin; Wolff, Guntram B. - In: Intereconomics : review of European economic policy 59 (2024) 4, pp. 193-197

Persistent link: https://www.econbiz.de/10015046749

Impact of fiscal institutions on public finances in the European Union : review of evidence in the empirical literature

Gorčák, Martin; Šaroch, Stanislav - In: Národohospodářský obzor : časopis věnovaný … 21 (2021) 2, pp. 215-232

This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal rules) have successfully contributed to...

Persistent link: https://www.econbiz.de/10012598898

Building a financial conditions index for the euro area and selected euro area countries : what does it tell us about the crisis?

Angelopoulou, Eleni; Balfoussia, Hiona; Gibson, Heather D. - 2022

In this paper we construct Financial Conditions Indices (FCIs) for the euro area, for the period 2003 to 2011, using a wide range of prices, quantities, spreads and survey data, grounded in the theoretical literature. One FCI includes monetary policy variables, while two versions of the FCI...

Persistent link: https://www.econbiz.de/10013403936

Fiscal Policy and Budget Balancing : The European Experience

Larson, Sven R. - 2015

prioritizes budget-balancing over reductions in spending and unemployment. For Americans, this a valuable lesson, as it shows what …

Persistent link: https://www.econbiz.de/10013030527

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