While the geopolitical rivalry between the European Union (EU) and Russia over their common neighborhood has increasingly attracted academic and public

The effects of foreign aid on the endowment of recipient countries with infrastructure have received surprisingly little attention in the empirical literature. This paper addresses this question by performing difference-in-difference-in-differences...

We analyze the correlations in patterns of trading for members of the Italian interbank trading platform e-MID. The trading strategy of a particular member institution is defined as the sequence of (intra-) daily net trading volumes within a certain...

This article investigates the determinants of the employment of foreign skilled workers by firms operating in Sub-Saharan African countries. We use cross section firm-level data on a large sample of foreign and domestic firms collected through the...

Der Deflation wird nachgesagt, die gesamtwirtschaftliche Nachfrage zu dämpfen, weil die Konsumenten ihre Käufe in Erwartung weiter fallender Preise zurückstellen würden. Wir überprüfen die Stichhaltigkeit dieser Argumentation auf der Ebene einzelner...

The Fukushima Daiichi accident in Japan in March 2011 caused a fundamental change in Germany's energy policy which led to the immediate shut down of nearly half of its nuclear power plants. Using data from Germany's largest internet platform for real...

This paper investigates the impact of a changing market Environment on the pricing of CDS spreads written on debt from EURO STOXX 50 rms. A Panel Smooth Transition Regression reveals that parameter estimates of standard CDS pricing variables are...

We show, using data from the Italian Survey on Household Income and Wealth and the German Socio-economic Panel, that household consumption drops after a child moves out of a household, while at the same time adult-equivalent consumption increases...

Secure and well-managed migration and mobility figure prominently in the European Union’s (EU) relations with its Eastern neighbors. In the framework of the European Neighborhood Policy (ENP) and the Eastern Partnership (EaP), the EU relies...

Im Rahmen der TTIP Verhandlungen stellt sich aktuell die Frage, warum hochentwickelte demokratische Staaten den Souveränitätsverzicht in Kauf nehmen s