With the capital markets union (CMU), the European Union embarked on one of its yet most ambitious and potentially most relevant reform projects. However, the huge potential for the European economy by a genuine CMU has not yet been realized. The key reason for this is that an important...

Quantitative indicators at the local level play an increasingly important role in the formulation and evaluation of regional policies. Regional statistical indicators are available from several sources, but comparability of their time-series is often affected by breaks caused by boundary changes...

The regularity and legality of EU spending, i.e. the conformity of incurred expenditures with relevant legislation, is an important measure of efficiency. It is also a key pre-condition for the effectiveness of EU funds. The present paper aims to understand the main determinants of irregular...

Die Studie beleuchtet das Spannungsfeld zwischen Datenschutz, Nutzbarkeit anonymisierter Daten und Verhältnismäßigkeit verschiedener Anonymisierungsverfahren. Es wird deutlich, dass die Interessen von Dateninhabern und Datenempfängern oft gegensätzlich sind: Während Dateninhaber einen...

There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the advanced world, its export unit values are well below...

The recent financial crisis deeply affected the money market yield curve and thus, potentially, the proper functioning of the interest rate channel of monetary policy transmission. Therefore, we analyze the effectiveness of monetary policy in steering euro area money market rates using two...