The paper aims at identifying and describing potential ways in which cultural elements are influencing fiscal behaviour within the European Union, in an attempt to find some of the structural causes underlying the fiscal issues that Member States are confronting. In an European economic...

The European Union is perhaps the most ambitious international project of the last centuries, but for it to fully succeed, it needs to extend the formidable political achievements that have already been done to the social sphere and most importantly to an environment of cultural unity. Culture...

This paper addresses the subject of the monetary policy transmission mechanism by focusing on the asset price channel, which is the monetary transmission channel responsible for the propagation of the effects induced by the monetary policy decisions made by the central bank that affect the price...

This paper reviews and analyzes the effects that external (or exogenous) factors, defined as economic factors that cannot be controlled or influenced by the central bank, have on monetary policy and the monetary policy transmission mechanism. Adopting a theoretical research position, we aim at...

The paper deals with the subject of European integration and namely the aspects deriving from the need to reconcile different cultural identities across the EU. As the issues generated by such cultural differences can be dealt with in several ways, we explore both the multicultural and the...

In a period in which the functioning of the Euro Zone has generated intense debate, this paper aims at providing a detailed view on one of the main characteristics defining the single currency area: the dichotomy between a unique monetary policy and an almost complete lack of fiscal integration....

In the context of the European Monetary Union, the efficient functioning of the EU labour market is a key factor to the Union's economic health. Consequently, after bringing relevant arguments that support the absence of such an efficient labour market and the presence of economically...

This paper reviews and analyzes the effects that external (or exogenous) factors, defined as economic factors that cannot be controlled or influenced by the central bank, have on monetary policy and the monetary policy transmission mechanism. Adopting a theoretical research position, we aim at...

his paper addresses the subject of the monetary policy transmission mechanism by focusing on the asset price channel, which is the monetary transmission channel responsible for the propagation of the effects induced by the monetary policy decisions made by the central bank that affect the price...