Regional growth and absorption speed of EU funds: when time isn’t money

Measuring Money Growth When Financial Markets

EU Structural and Cohesion Funds in Spain and Portugal: Is Regional and National Inequality Increasing?

Ireland's Economic Transition: The role of EU Regional Funds - and other factors

Ireland's economy has made an outstanding progress in the last 40 years goingfrom a relatively poor country to the present EU average per capita income. The Irish economy was deliberately opened around 1960, after decades of following an import-substitution industrialisation policy. The Irish government established an agency for attracting FDI and decided to apply for membership in the EEe. Bef...

Going NUTS: The Effect of EU Structural Funds on Regional Performance∗

The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a per-capita GDP level below 75% of the EU average qualify for structural funds transfers from the central EU budget. This rule gives rise to a regression-discontinuity design that exploits the discrete jump in the prob...

Runs on Money Market Mutual Funds∗

This paper studies daily investor flows to and from each money market mutual fund during the period surrounding and including the money fund crisis of September 2008. We focus on the determinants of flows in the prime money fund category to shed light on the covariates of money fund runs, since this category was, by far, the most heavily impacted by the money fund crisis. We find that outflows ...