The influence of negative interest rates on European life insurance companies
Abstract Between 2016 and 2022, life insurers in several European countries experienced negative long‐term interest rates, which put pressure on their business models. The aim of this paper is to empirically investigate the impact of negative interest rates on the stock performance of life insurers.
Nicolaus Grochola
wiley +1 more source
Uninformative news, limited attention and institutional investors
Abstract Using the universe of transaction‐level data in the U.S. corporate bond market around uninformative downgrades, we find an abnormal increase in trading volume, abnormal bond returns, and a subsequent reversal. On the contrary, we do not find a reversal for abnormal bond returns associated with informative rating actions.
Maria Efthymiou +2 more
wiley +1 more source
This study provides the first global, regional and national estimates of periodontal expenditure, with projections to 2050. Costs related to prevention, diagnosis, treatment, maintenance and rehabilitation are quantified across all countries worldwide.
Dian Yi Chow +4 more
wiley +1 more source
Public coverage of Long-Term Care in the post-COVID period: strengthening systems vs cost-containment. [PDF]
Comas-Herrera A +36 more
europepmc +1 more source
An Empirical Analysis of Institutional Coevolution in the European Union
ABSTRACT Institutional effectiveness is widely considered an important factor for the success of the European integration process. The article investigates how the coevolution of formal and informal institutions influenced economic performance within the European Union from 1980 to 2019.
Sara Casagrande, Bruno Dallago
wiley +1 more source
Education and the Shadow Economy: A Panel Cointegration Analysis
ABSTRACT This study examines the impact of education on the shadow economy across 132 countries over the period 1991–2020. To this end, panel cointegration and panel error‐correction models are employed. The results of the panel cointegration tests indicate a stable long‐term relationship among the selected variables.
Salvatore Ciucci
wiley +1 more source
Safety evaluation of an extension of use of the food enzyme β-galactosidase from the genetically modified <i>Bacillus licheniformis</i> strain NZYM-BT. [PDF]
EFSA Panel on Food Enzymes (FEZ) +15 more
europepmc +1 more source
Words After the Storm: Elite Rhetoric and the Limits of De‐Escalation in Postreferendum Catalonia
ABSTRACT When does a secessionist crisis end? What drives political elites to shift from hostility to moderation? This article examines the prospects of rhetorical de‐escalation in the aftermath of a secessionist dispute through the paradigmatic case of Catalonia.
Daniel Cetrà +3 more
wiley +1 more source
Safety evaluation of an extension of use of the food enzyme glucan 1,4-α-maltohydrolase from the genetically modified <i>Bacillus licheniformis</i> strain NZYM-CY. [PDF]
EFSA Panel on Food Enzymes (FEZ) +15 more
europepmc +1 more source
Claiming the Isle? Islandness and Territorial Demands
ABSTRACT This article explores the relationship between insularity and territorial demands, focusing on whether island territories are more likely to support regionalist and secessionist parties. To address this question, we compare electoral support for such parties across island and mainland territories using a large‐N dataset.
Pau Torres, Marc Sanjaume‐Calvet
wiley +1 more source

