Results 141 to 150 of about 63,169 (256)
ABSTRACT Traditional short‐rate models introduce volatility directly into the instantaneous rate via Brownian shocks. However, empirical data suggest that short‐term interest rates exhibit smoother behavior than such models imply. We propose a two‐factor Gaussian short‐rate model in which the short rate is a deterministic exponential filter of a ...
Allan Jonathan da Silva
wiley +1 more source
The Role of Corporate Governance in Enhancing Environmental and Social Performance
ABSTRACT This study investigates how different corporate governance (CG) approaches influence firms' environmental and social performance, specifically focusing on the role of internal vs. external resources and operational vs. strategic approaches. Anchored in stakeholder and resource dependency theory, we develop a conceptual framework grounded in ...
Tommaso Fornasari +2 more
wiley +1 more source
Policymaking in the Eurozone and the Core vs Periphery Problem [PDF]
Geldpolitik; Finanzpolitik; Öffentliche Schulden; Eurozone; Europäische Wirtschafts- und ...
Stergios Skaperdas
core
ABSTRACT This paper examines the differential effects of quantitative easing on the young, middle‐aged and pensioners by comparing the periods before and after quantitative easing interventions in the UK. Quantitative easing may have boosted employment opportunities, as suggested by a few studies, but this paper finds that quantitative easing did not ...
Aminat A. Raheem
wiley +1 more source
Evaluating the Macroeconomic Indicators of the Eurozone Integration: A Comparative Approach [PDF]
Economic and Monetary Union has been a major objective of the European Union, intended to strengthen the financial interaction between member states and to foster the Eurozone economic development. The present paper highlights a comparative analysis of
Georgiana-Loredana Schipor
doaj
Reconsidering the evidence: Are Eurozone business cycles converging [PDF]
This paper, using 40 years of monthly industrial production data, examines the relationship between the business cycles of the 12 Eurozone countries. Since estimates of the business cycle have been found to be sensitive to how the cycle is measured, a ...
Massmann, Michael, Mitchell, James
core
Abstract The increasing frequency and complexity of crises have contributed to the crisification of EU policy‐making and governance. Despite its far‐reaching implications, the discursive dimension of this process remains seriously under‐researched.
Karolína Garančovská +1 more
wiley +1 more source
Cohesion Policy and Institutional Quality Impact: Does Urban–Rural Classification Matter?
Abstract This study examines the impact of Cohesion Policy, and institutional quality, on regional economic performance across NUTS2 regions in 27 EU member states from 2007 to 2022. Average per capita Cohesion Policy payments are much higher in less developed regions, showing the policy focus on supporting lagging areas.
Wajid Ali +2 more
wiley +1 more source
Economic government: What kind of coordination for the Eurozone. Bertelsmann Stiftung EUROPA Briefing 2017 [PDF]
How are decisions made in the euro area? And how democratic are they? These questions moved to the centre of the debate during the euro crisis. Under tremendous time pressure, solutions had to be found for stabilising the euro. New institutions and rules
Gnath, Katharina
core
Abstract Parliamentary questions are often seen as instruments of executive accountability. Yet in the European Parliament's (EP's) Recovery and Resilience Dialogues, many questions appear to pursue alternative purposes. This article addresses this gap by asking: to what extent do Members of the European Parliament (MEPs) utilise parliamentary ...
Ermela Gianna
wiley +1 more source

