Related papers: Brexit: The Belated Threat
Can trade integration induce product innovation? I document that countries that joined the European Union (EU) started producing more product varieties, investing more in R&D, and trading more compared to candidate countries that did not…
Countries tend to diversify their exports by entering products that are related to their current exports. Yet this average behavior is not representative of every diversification path. In this paper, we introduce a method to identify…
Quantum escapes of a particle from an end of a one-dimensional finite region to $N$ number of semi-infinite leads are discussed by a scattering theoretical approach. Depending on a potential barrier amplitude at the junction, the…
This paper analyzes the bank lending channel and the heterogeneous effects on the euro area, providing evidence that the channel is indeed working. The analysis of the transmission mechanism is based on structural impulse responses to an…
We respond to points raised in the recent discussion note arXiv:1912.13466, "Charting the European course to the high-energy frontier", which compares the CLIC and FCC programmes.
This paper presents a comparative survey of cyberthreat and attack trends starting from 2010 till date Cyber security breaches are constantly on the rise with huge uncertainty and risks The trend is causing rife globally because of its…
Two decades of research on the euro's trade effects have produced estimates ranging from 4% to 30%, with no consensus on the magnitude. We find evidence that this divergence may reflect genuine heterogeneity in the euro's trade effect…
I study the relationship between the likelihood of a violent domestic conflict and the risk that such a conflict "externalizes" (i.e. spreads to another country by creating an international dispute). I consider a situation in which a…
In the last decade, political debates have progressively shifted to social media. Rhetorical devices employed by online actors and factions that operate in these debating arenas can be captured and analysed to conduct a statistical reading…
Pricing schemes are an important smart grid feature to affect typical energy usage behavior of energy users (EUs). However, most existing schemes use the assumption that a buyer pays the same price per unit of energy to all suppliers at any…
GDP/capita correlations are investigated in various time windows (TW), for the time interval 1990-2005. The target group of countries is the set of 25 EU members, 15 till 2004 plus the 10 countries which joined EU later on. The TW-means of…
The process of European integration resulted in a marked increase in transnational economic flows, yet regional inequalities along many developmental indicators remain. We analyze the unevenness of European economies with respect to the…
Climate change and environmental concerns represent a global crisis accompanied by significant economic challenges. Regular international conferences held to address these issues, such as in the UK (2021) and Egypt (2022), spark debate…
We examine the effect of a Hard Brexit on Irish Exports using the PPML Gravity Model and Irish Exports data at the micro level. We find a hard Brexit could reduce Irish national income by over 9 billion euro annually and the effect would be…
The rich countries of Western Europe and its citizens benefited during at least the last 30 years from an extraordinary stable electricity grid. This stability was achieved by the european grid system and a large flexible and reliable spare…
As more people flock to social media to connect with others and form virtual communities, it is important to research how members of these groups interact to understand human behavior on the Web. In response to an increase in hate speech,…
Did sovereign default risk affect macroeconomic activity through firms' access to credit during the European sovereign debt crisis? We investigate this question by a estimating a structural panel vector autoregressive model for Italy,…
European Member States are increasingly introducing national capacity mechanisms (CMs) to manage growing adequacy risks. However, isolated national CMs are inefficient in highly interconnected electricity systems, such as the European…
Paper ballot voting with its fully-reviewable paper-trail is usually considered as more secure than their e-voting counterparts, given the large number of recent incidents. In this work, we explore the security of paper voting and show that…
Throughout recorded history, humans have crossed national borders to seek safety in nearby countries. The reasons for displacement have been generated by phenomena of terrestrial origin, but exposure to unexpected extra-terrestrial threats…