相关论文: CAP and Monetary Policy
The European Union Emission Trading Scheme is a carbon emission allowance trading system designed by Europe to achieve emission reduction targets. The amount of carbon emission caused by production activities is closely related to the…
The global climate has underscored the need for effective policies to reduce greenhouse gas emissions from all sources, including those resulting from agricultural expansion, which is regulated by the Common Agricultural Policy (CAP) across…
Modern macroeconomic monetary theory suggests that the labor share of income has effectively become a core macroe-conomic parameter anchored by top policymakers through Open Market Operations (OMO). However, the setting of this parameter…
This study analyzes public debts and deficits between European countries. The statistical evidence here seems in general to reveal that sovereign debts and government deficits of countries within European Monetary Unification-in average-…
Total factor productivity (TFP) is a key determinant of farm development, a sector that receives substantial public support. The issue has taken on great importance today, where the conflict in Ukraine has led to repercussions on the cereal…
During the last decades, public policies become a central pillar in supporting and stabilising agricultural sector. In 1962, EU policy-makers developed the so-called Common Agricultural Policy (CAP) to ensure competitiveness and a common…
We assess the correlation between CAP support provided to farmers and their income and use of capital and labour in the first year of the new CAP regime. This is done applying three regression models on the Italian FADN farms controlling…
The intensification of European agriculture, characterized by increasing farm sizes, landscape simplification and reliance on synthetic pesticides, remains a key driver of biodiversity decline. While many studies have investigated this…
Since its inception, the E.U.'s Common Agricultural Policy (CAP) aimed at ensuring an adequate and stable farm income. While recognizing that the CAP pursues a larger set of objectives, this thesis focuses on the impact of the CAP on the…
No matter its source, financial- or policy-related, uncertainty can feed onto itself, inflicting the real economic sector, altering expectations and behaviours, and leading to identification challenges in empirical applications. The strong…
Do labor market policies initiated in periods of loose monetary policy yield different outcomes from those introduced when monetary tightening prevails? Using data from 11 euro-area members up to 2010 -- and extending to 17 countries up to…
This article conducts a literature review on the topic of monetary policy in developing countries and focuses on the effectiveness of monetary policy in promoting economic growth and the relationship between monetary policy and economic…
Despite agriculture being the primary source of livelihood for more than half of India's population, several socio-economic policies are implemented in the Indian agricultural sector without paying enough attention to the possible outcomes…
Monetary integration has both costs and benefits. Europeans have a strong aversion to exchange rate instability. From this perspective, the EMS has shown its limits and full monetary union involving a single currency appears to be a…
The emerging system at the European level can be conceptualized as a pattern of relations among member states that tends to be reproduced despite disturbances in individual trajectories. The Markov property is used as an indicator of…
We use a FAVAR model with proxy variables and sign restrictions to investigate the role of the euro area's common output and inflation cycles in the transmission of monetary policy shocks. Our findings indicate that common cycles explain…
Taking the European Central Bank unconventional policies as a reference, we suggest a class of Multiplicative Error Models (MEM) taylored to analyze the impact such policies have on stock market volatility. The new set of models, called MEM…
Agriculture is arguably the most climate-sensitive sector of the economy. Growing concerns about anthropogenic climate change have increased research interest in assessing its potential impact on the sector and in identifying policies and…
According to Eurostat estimates, the overall number of farms in Europe declined of about 3 million units between 2010 and 2020. Parallel, the agricultural standard output increased from 304 billion to nearly 360 billion over the same…
This paper offers a synthesis of the empirical literature on the effects of monetary policy. Using the findings from an extensive collection of meta-analyses, it evaluates the effectiveness of conventional and unconventional monetary policy…