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Realists argue that relative gains concerns make cooperation more difficult than liberal institutionalists expect. In response, Duncan Snidal has argued that when the number of states increases, the problem of relative gains concerns is generally attenuated. The author contends that current...
Persistent link: https://www.econbiz.de/10010801276
Recent actions by the European Union reveal a shift away from traditional, top-down, command and control governance. This can be seen in the structure of traditional tools like directives, as many recent directives, especially in social policy-making, tend to be more open and flexible. But the...
Persistent link: https://www.econbiz.de/10005234225
Although scholars recognize that time-series-cross-section data typically correlate across both time and space, they tend to model temporal dependence directly, often by lags of dependent variables, but to address spatial interdependence solely as a nuisance to be “corrected” by FGLS or to...
Persistent link: https://www.econbiz.de/10009367950
Plans for the European Monetary Union (EMU) are based on the conventional postulate that increasing the independence of the central bank can reduce inflation without any real economic effects. However, the theoretical and empirical bases for this claim rest on models of the economy that make...
Persistent link: https://www.econbiz.de/10005120298
Plans for European Monetary Union are based on the conventional postulate that increasing the independence of the central bank can reduce inflation without any real economic effects. However, the theoretical and empirical bases for this claim rest onmodels of the economy that make unrealistic...
Persistent link: https://www.econbiz.de/10009353679
No Abstact.
Persistent link: https://www.econbiz.de/10008644839