Independent candidates remain marginal vote-getters in the vast majority of elections in which they compete. However, they do regularly win seats in legislative assemblies in a number of European countries, and occasionally achieve surprise victories in others. Half of the EU member states...

Polish politicians are increasingly often referring to the prospect of next yearu0092s elections to the European Parliament. Voters, however, are still unaware of the fact that these elections are to take place. Only 27% of Poles know that they will be choosing their representatives to the...

Some financial products facilitate (“Financial Instruments”’) the use of voting rights that can be considered questionable under the law (“Questionable Uses of Voting Rights”). These Questionable Uses of Voting Rights become apparent when, using the Financial Instruments, an investor...

Following each election in the European Parliament, the European Commission issues a report examining how EU citizens' rights were enforced and how the relevant EU rules were implemented by the Member States and assessing EU citizens' participation and the overall conduct of the elections. The...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...