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Verwaal, Ernst - 2001

Instead of abolishing internal border controls in 1993, the European Union (EU) replaced them with VAT and statistical …, 5 % of the value of their intra-Eu trade. This figure is probably higher for other EU member states. Obviously, the … costs constitute a (differentiated) border tax that impedes intra-Eu trade. The paper analyses the determinants of the …

Persistent link: https://www.econbiz.de/10014460970

Monetary and fiscal policy interaction in the EMU : a dynamic game approach

Aarle, Bas van - 2001

The interaction of monetary and fiscal policies is a crucial issue in a highly integrated economic area as the European Union. We argue that EMU, which introduced a common monetary policy and restrictions on fiscal policy at the national level, increases the need for macroeconomic policy...

Persistent link: https://www.econbiz.de/10014460973

Financial fragility, bubbles and monetary policy

Illing, Gerhard - 2001

This paper models the links between financial fragility, asset markets and monetary policy. It is shown, that central bank's concern about the cost of financial disruption generates an asymmetric response, thus contributing to the creation of an asset price bubble in an economy with a highly...

Persistent link: https://www.econbiz.de/10014460987

The "demise of the caregiving daughter"? : gender employment gaps and the use of formal and informal care in Europe

Bonsang, Eric; Costa-Font, Joan - 2023

We revisit the universality of the “caregiving daughter effect”, which holds that daughters tend to provide more care to their older parents than sons. Based on rich European data, we document evidence of such an effect in countries with large gender disparities in employment rates, where...

Persistent link: https://www.econbiz.de/10014434299

European SMEs and resource efficiency measures : firm characteristics and contextual factors

Caporale, Guglielmo Maria; Donati, Cristiana; Spagnolo, … - 2023

This paper investigates how access to finance and skilled workforce endowments affect the propensity of European small and medium sized enterprises (SMEs) to adopt different types of resource efficiency measures (REMs), possibly simultaneously. For this purpose, a Multinomial Logit model is...

Persistent link: https://www.econbiz.de/10014435290

Beyond borders : assessing the influence of geopolitical tensions on sovereign risk dynamics

Afonso, António; Alves, José; Monteiro, Sofia - 2023

We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies during the period 1984-2022, through the implementation of OLS-Fixed Effects regressions and the Generalized Method of Moments (GMM). We find that geopolitical tensions and global...

Persistent link: https://www.econbiz.de/10014442414

Skilled labour migration and firm performance : evidence from English hospitals and brexit

Fischer, Kai - 2023

How do skilled migrant workers affect firms' performance and output? I estimate the causal effect of EU nurse … withdrawal after the Brexit referendum on the performance of English hospitals. Exploiting variation in the reliance on EU … workers across hospital providers in pre-referendum years, I find that providers with a mean share of EU nurses before the …

Persistent link: https://www.econbiz.de/10014426580

Do search engines increase concentration in media markets?

Calzada, Joan; Duch-Brown, Néstor; Gil, Ricard - 2023

Search engines are important access channels to news content of traditional newspapers with Google alone responsible for 35% of online visits to news outlets in the European Union. Yet, the effects of Google Search on market competition and information diversity have received scant attention....

Persistent link: https://www.econbiz.de/10014391285

An evaluation of protected area policies in the European Union

Grupp, Tristan Earle; Mishra, Prakash; Reynaert, Mathias; … - 2023

The European Union designates 26% of its landmass as a protected area, limiting economic development to favor biodiversity. This paper uses the staggered introduction of protected-area policies between 1985 and 2020 to study the selection of land for protection and the causal effect of...

Persistent link: https://www.econbiz.de/10014444040

Fiscal sustainability and the role of inflation

Afonso, António; Alves, José; Matvejevs, Oļegs; … - 2023

We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This function captures the response of the primary...

Persistent link: https://www.econbiz.de/10014444867