Title:Overlapping regionalism, no integration : conceptual issues and the Latin American experiences
Author(s):MALAMUD, AndresDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Twenty years after its foundation, MERCOSUR has failed to meet its declared goals. Far from being a common market and not yet a customs union, it has neither deepened nor (legally) enlarged. All the other regionalist ...
Title:Deposits and bank capital structure
Author(s):ALLEN, Franklin; CARLETTI, ElenaDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:In a model with bankruptcy costs and segmented deposit and equity markets, we endogenize the choice of bank and firm capital structure and the cost of equity and deposit finance. Despite risk neutrality, equity capital is ...
Title:Intellectual Property, innovation and the governance of the internet
Author(s):LEVINE, David K.Date:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:I discuss both the causes and consequences of the Internet being squeezed by copyright proponents. The striking fact is that while this squeeze has a broad and negative impact on society broadly, it brings very little ...
Title:Net neutrality is imperfect and should remain so!
Author(s):CURIEN, NicolasDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Network neutrality is often mistakenly assimilated with the non-discrimination of Internet usage. Although this rough view is acceptable at first sight, as far as blocking of content or clearly anti-competitive discrimination ...
Title:European Foreign Policy and the Euro-crisis
Author(s):ZIELONKA, JanDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper will try to explain the nature of European actorness, the mode of European policy-making, and the formation of common European interests. What are the pillars of EU power and how does the EU engage in power ...
Title:The EU and IOSCO : an ever closer cooperation?
Author(s):MARCACCI, AntonioDate:2013Type of Publication:Working PaperSeries/Report no.:EUI LAWAbstract:The paper examines the International Organization of Securities Commissions (IOSCO), and it analyzes the role played by the European Union in the landscape of international finance. The aim is to test how far we can conceive ...
Title:Budget support in fragile states : feeding the beast or building resilience?
Author(s):DE CATHEU, JuanaDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Budget support is an aid modality that has been making headlines, usually triggered by cases of corruption or unsavoury moves by recipient governments. Such headlines raise questions about the impact of budget support, and ...
Title:Crisis and trust in national and European Union institutions : panel evidence for the EU, 1999 to 2012
Author(s):ROTH, Felix; NOWAK-LEHMANN D., Felicitas; OTTER, ThomasDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper analyses the effects of the crisis on trust in national and European Union institutions within an EU27 country sample from 1999 to 2012. The paper finds that the overall negative trends in trust throughout the ...
Title:Wage assimilation : migrants versus natives and foreign migrants versus internal migrants
Author(s):STRØM, Steinar; VENTURINI, Alessandra; VILLOSIO, ClaudiaDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The paper wants to understand the assimilation pattern of foreign migrants in Italy. Three novelties characterize this study. First, the research compares the wage assimilation of international migrants with both internal ...
Title:The WTO dispute settlement system at 18 : effective at controlling the major players?
Author(s):DAVEY, William J.Date:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper examines the major developments in WTO dispute settlement during three time periods (1995-1999, 2000-2004, 2005-2012) and considers the effectiveness of the system in restraining the use of trade measures by the ...
Title:Lost in transmission : evaluating internet effects on citizens’attitudes towards the European Union in times of crisis
Author(s):BACCINI, Leonardo; SUDULICH, Maria Laura; WALL, Matthew T.Date:2013Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:Previous studies suggest that citizens' attitudes towards the European Union (EU) are influenced by media coverage of EU institutions and policies. To date, empirical studies have investigated the effects of TV and newspaper ...
Title:The cost of abating CO2 emissions by renewable energy incentives in Germany
Author(s):MARCANTONINI, Claudio; ELLERMAN, A. DennyDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Incentives for the development of renewable energy have increasingly become an instrument of climate policy, that is, as a means to reduce GHG emissions. This research analyzes the German experience in promoting renewable ...
Title:New political actors in Europe : Beppe Grillo and the M5S
Author(s):BARTLETT, Jamie; FROIO, Caterina; LITTLER, Mark; MCDONNELL, DuncanDate:2013Type of Publication:Technical ReportSeries/Report no.:Demos Country briefing papersAbstract:New social and political movements from radically different political positions have emerged across Europe using the Internet to challenge existing parties and structures. Beppe Grillo, the Italian comedian and blogger, ...
Title:Risk-sharing and contagion in networks
Author(s):CABRALES, Antonio; GOTTARDI, Piero; VEGA-REDONDO, FernandoDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The aim of this paper is to investigate how the capacity of an economic system to absorb shocks depends on the specific pattern of interconnections established among financial firms. The key trade-off at work is between ...
Title:Financial intermediation, house prices, and the distributive effects of the U.S. great recession
Author(s):MENNO, Dominik; OLIVIERO, TommasoDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper quantifies the effects of credit spread and income shocks on aggregate house prices and households’ welfare. We address this issue within a stochastic dynamic general equilibrium model with heterogeneous households ...
Title:Translating modernity : visions and uses of Europe in Finland
Author(s):NYGÅRD, StefanDate:2013Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:Translating modernity to the periphery is a recurring theme in the discussions on Europe at its geocultural margins. In small and young countries such as Finland, “Europe” has been mobilized for nation-building in terms ...
Title:'All’s well that ends well' : the strategy of electoral (mis)behavior in competitive-authoritarian regimes
Author(s):LEVIN, InesDate:2013Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:In competitive authoritarian regimes, formal democratic institutions and periodic elections are sponsored by the authoritarian ruler, but voting outcomes are sometimes manipulated to prevent government turnover. In this ...
Title:The capabilities approach as a bridge between animals and robots
Author(s):LAUKYTE, MigleDate:2013Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:In this paper I argue that robots, understood as artificially intelligent and autonomous entities, may one day be regarded as subjects of rights. The argument is built by looking at Martha Nussbaum’s capabilities approach, ...