This paper examines the evolution of returns to education in the West German labour market over the last two decades. During this period, graduates from the period of educational expansion entered the labour…
We employ a time series econometric framework to explore the structural determinants of the spread between the European Overnight Rate and the ECB’s Policy Rate (EONIA spread) aiming to explain the widening of…
Multinationals have the opportunity to shift taxable profits to low tax countries by means of intragroup transactions. Although transfer prices must conform to the arm’s length standard, market prices are not…