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Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining such a pattern. It is shown in this paper that this...
Persistent link: https://www.econbiz.de/10009635886
In Lisbon the European Council proclaimed a European growth strategy. It considers an average economic u0093growth rate of around 3 percent as a realistic prospect for the coming yearsu0094 and assigns public finances an important role in the process of achieving this goal. This paper addresses...
Persistent link: https://www.econbiz.de/10009635955
The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, product market regulations raise...
Persistent link: https://www.econbiz.de/10009639850
committees benefits from voting insincerely accrue not only when a decision maker's vote is pivotal. As the number of voters … increases, the cost of voting insincerely declines in an open committee because the probability of being pivotal declines. This … is not the case in a closed committee where costs and benefits of insincere voting only arise when a voter is pivotal. …
Persistent link: https://www.econbiz.de/10009635893
shows that Russia is far from being a fully functioning democracy. This study points out, how since 1991, the political …
Persistent link: https://www.econbiz.de/10011902470
This study examines the triangular relationship between fundamental rights, democracy and the rule of law in the EU and … ‘state of play’ and provides a map of EU-level mechanisms assessing respect for rule of law, democracy and fundamental rights …
Persistent link: https://www.econbiz.de/10011902501
Founded in 1992, Sussex European Institute (SEI) is the leading research and postgraduate training centre on contemporary European issues. SEI has a distinctive philosophy built on interdisciplinarity, a broad and inclusive approach to Europe, policy-relevance at the academic cutting edge, and...
Persistent link: https://www.econbiz.de/10009637061
Please note that the EPERN was originally launched as the Opposing Europe Research Network (OERN) but in August 2003 the Network was retitled to reflect a broadening out of the Network's research focus. EPERN Working Papers are therefore a continuation of the original OERN Working Paper Series.
Persistent link: https://www.econbiz.de/10009637062
Persistent link: https://www.econbiz.de/10009637886