The recent global financial crisis has had a diverse effect on countries’ fiscal stance, especially throughout the EU. This paper examines the impact of macroeconomic shocks, including those to government revenues and expenditures, on EU countries’ fiscal stance, on aggregate, and within the...

This paper deals with the determinants of labour out-migration from agriculture across 153 EU regions over the 1990-2008 period. The central aim is to shed light on the role played by CAP payments on this important adjustment process. Using static and dynamic panel data methods, we show that...

The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth and cash flow implying the absence of soft...

Using longitudinal data from the Swiss Household Panel, this analysis suggests that the cross-sectional estimates of the returns to educational mismatch are significantly biased when unobserved heterogeneity is omitted in the wage equation. The results of the standard fixed effects model indeed...

Deployment of broadband for everyone has become a major policy objective in many countries, including Japan and the U.S. Recently, the U.S. announced a National Broadband Plan which is aimed at providing 100 million households with access to 100 Mbps broadband services by 2020. The purpose of...

Deployment of broadband, particularly, FTTx, is now one of major policy objectives in many countries, including Japan, Korea, and the U.S., for example. The U.S. announced a National Broadband Plan which aimed at providing 100 million households with access to 100 Mbps broadband services by...

The aim of this paper is to explore, by estimating a panel data econometric model, the determining factors of foreign direct investment (FDI) inflows in developing countries over the period of 1990-2007. The study is based on a sample of panel data on 25 developing countries. In the model,...

European countries need to expand employment among older individuals. Many papers have examined this issue from different angles. However, very few seem to have considered its gender dimension properly, despite evidence that lifting the overall senior employment rate requires significantly...

We explicitly measure corn acreage response to the biofuels boom from 2006 to 2010. Specifically, we use newly available micro-scale planting data over time to test whether corn cultivation intensifies in proportion to the proximity of ethanol processors. We control for the endogeneity of plant...

Decentralization is increasing in all parts of the world. Assessing the efficiency of decentralization as a means to mitigate ethnic conflict is then of primarily importance. This paper builds a simple model of decentralization as an empowerment mechanism. It suggests that decentralization could...