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Persistent link: https://www.econbiz.de/10001319549
The ways of decision making within the EU have significantly changed in the last decades: the rule of unanimity has … compensating transfers by using the right of withdrawal: It might threaten to leave the EU if the compensation is denied. Are … as high as in the case of unanimity. In practise, the EU will offer compensating transfers depending on how credible a …
Persistent link: https://www.econbiz.de/10003776195
the determinants of current account imbalances of EU Member States. As the results show, price competitiveness is …
Persistent link: https://www.econbiz.de/10008666585
the basis of a panel data model, the present paper indentifies the determinants of current account imbalances of EU Member …
Persistent link: https://www.econbiz.de/10008825530
Persistent link: https://www.econbiz.de/10009349979
the paper analyzes different possible developments of selected common policies in the EU if enhanced cooperation is … practised by a sub-group of EU-members. Based on cluster analysis similarities and distinctions among the EU members with …
Persistent link: https://www.econbiz.de/10003314997
Persistent link: https://www.econbiz.de/10003384693
Persistent link: https://www.econbiz.de/10003589061
This study attempts to identify and trace inter-linkages between sovereign and banking risk in the euro area. To this end, we use an indicator of banking risk in each country based on the Contingent Claim Analysis literature, and 10-year government yield spreads over Germany as a measure of...
Persistent link: https://www.econbiz.de/10013030578
This paper empirically investigates the short and long-run impact of public debt on economic growth. We use annual data from both central and peripheral countries of the euro area (EA) for the 1961-2013 period and estimate a production function augmented with a debt stock term by applying the...
Persistent link: https://www.econbiz.de/10012947257