Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "F15"

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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "F15"

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    Title: A Volatility-based Theory of Fiscal Union Formation  Author(s): LUQUE, Jaime; MORELLI, Massimo; TAVARES, José Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: In a setting where heterogeneous jurisdictions share a common policy, an increase in volatility breaks unanimous support for the status-quo and may prompt a subset of jurisdictions to favor either deepening the agreement ...
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    Title: Some Business Cycle Consequences of Trade Agreements: Th e Case of the North American Free Trade Agreement  Author(s): BEJAN, Maria Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: This paper investigates the effects of signing a trade agreement on the correlations of the business cycle fluctuations of consumption, investment and output between two countries. We construct an international business ...