Today, the European Union (EU) and in particular its common currency area created in 1998, the Eurozone, is going through an economic crisis that, given its duration, can be defined as structural and enduring and is such as to put the common political project at risk. This article retraces the...

pt. 1. Competitive dialogue and contractual design fostering innovation and needs analysis -- pt. 2. Separation of selection and award criteria, including exclusion of reputation indicators like references to experience, performance and CVs from award criteria -- pt. 3. Re-tendering a contract...

We investigate whether and to what extent multiple encompassing tests may help determine weights for forecast averaging in a standard vector autoregressive setting. To this end we consider a new test-based procedure, which assigns non-zero weights to candidate models that add information not...

In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...

In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...

In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...