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Effects of corporate tax reforms on SMEs' investment decisions under the particular consideration of inflation

Nam, Chang-woon; Radulescu, Doina - 2005

Corporate tax reforms carried out in EU countries since 1980 entail lower statutory tax rates and reductions in …

Persistent link: https://www.econbiz.de/10003007627

Meta-analysis of the business cycle correlation between the Euro area and CEECs

Fidrmuc, Jarko; Korhonen, Iikka - 2006

countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 …

Persistent link: https://www.econbiz.de/10003304295

Inflation expectations and inflation uncertainty in the Eurozone : evidence from survey data

Arnold, Ivo J. M.; Lemmen, Jan - 2006

This paper uses the European Commission's Consumer Survey to assess whether inflation expectations have converged and whether inflation uncertainty has diminished following the introduction of the Euro in Europe. Consumers' responses to the survey suggest that inflation expectations depend more...

Persistent link: https://www.econbiz.de/10003304431

Beyond the Balassa-Samuelson effect in some new member states of the European Union

García-Solanes, José; Sancho-Portero, Francisco I.; … - 2007

(NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector … tradable goods. In the EU-15, the explanatory factor is segmentation between national markets of tradables, caused by …

Persistent link: https://www.econbiz.de/10003411768

Understanding the latest wave and future shape of regional trade and cooperation agreements in Asia

Bhattacharyay, Biswanath - 2006

Persistent link: https://www.econbiz.de/10003395257

Trade, conflicts, and political integration : the regional interplays

Vicard, Vincent - 2006

Persistent link: https://www.econbiz.de/10003395260

Turkish delight for some, cold Turkey for others? : the effects of the EU-Turkey Customs Union

Adam, Antonis; Moutos, Thomas - 2005

Following Turkey's application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly … asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining … disaggregated trade data we find that the technologically sophisticated EU countries (e.g., mainly the Northern European countries …

Persistent link: https://www.econbiz.de/10003221926

Has the stability and growth pact impeded political budget cycles in the European Union?

Mink, Mark; Haan, Jakob de - 2005

This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. Using a multivariate model for the period 1999-2004 and various election indicators we find strong evidence that the Stability and Growth Pact has not restricted fiscal policy makers in the euro...

Persistent link: https://www.econbiz.de/10003147810

The impact of FX central bank intervention in a noise trading framework

Beine, Michel; De Grauwe, Paul; Grimaldi, Marianna - 2005

In this paper we investigate the effects of central bank interventions (CBI) in a noise trading model with chartists and fundamentalists. We first estimate a model in which chartists extrapolate past returns and fundamentalists forecast a mean reverting dynamics of the exchange rate towards a...

Persistent link: https://www.econbiz.de/10003090615