This paper investigates the relationship between volatility and economic growth in the European regions over the period 1995-2008. To that end, we estimate a two-way fixed effects panel data model using spatial econometric techniques that allow us to incorporate into the analysis the relevance...

This paper investigates the evolution of the geographical distribution of unemployment rates in a sample of 258 NUTS-2 European regions between 2000 and 2011. In particular, I explore the role played by market equilibrium, disequilibrium and institutional factors shaping regional unemployment...

This study investigates the evolution of the shadow economy in Spain during the period 1986-2016 using the Currency Demand Approach by means of Bayesian Model Averaging econometric techniques. The results of the empirical analysis suggest that the average share of the underground economy as a...

This study investigates the relationship between women's political empowerment and quality of government in European regions. Given that the association is expected to be endogenous, we use exogenous variation in pre-industrial societal traits, legal origins, geographic characteristics, and...

This study analyses the effect of population ageing in the ten federal states (Länder) of West Germany during the period ranging from 1970 to 2014. To that aim, we estimate a Bayesian VAR model including wages, labour force participation rates, unemployment rates and the share of population...