This paper applies recent panel methodology to investigate the long-run and causal relationship between electricity consumption and real GDP for a set of 12 European countries using annual data for the period 1970-2007. The sample countries have moved faster than other neighboring countries...

A direct test of the mixture-of-distributions model is conducted using daily Spanish stock return and trading volume for the period April 1990 to January 1996. Both the standard mixture-of-distributions model of Tauchen and Pitts (1983) and the modified version proposed by Andersen (1996) are...

This article tests for the existence of features shared in common by daily stock returns and trading volume contributing to the empirical analysis of the relation between those series. Using Spanish data this study analyses this hypothesis looking at features such as seasonality, skewness,...

The European Commission Report on Competition in Professional Services found that recommended prices by professional bodies have a significant negative effect on competition since they may facilitate the coordination of prices between service providers and/or mislead consumers about reasonable...