Support to elections includes electoral assistance programmes and European Union (EU) election observation missions. Although interrelated through their complementary activities, they are each independent. Electoral assistance is funded regionally while observation missions are implemented...

This Flash Eurobarometer survey on electoral rights (No 431) builds on the work of previous Electoral Rights Flash Eurobarometer surveys conducted in 2012, 2010, 2007 and 2002. It investigates Europeans’ views on a range of questions associated with electoral issues and electoral rights within...

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...

The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...

There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and the euro area. Using Markov-switching techniques, in this paper we identify and compare specifically their major business-cycle features and examine the case for a common...

This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...