European Economic and Political Issues Volume 9; Contents; Preface; The Non-Market Sector in Europe and in the United States: Underground Activities and Home Production; Abstract; Introduction; Stylized Facts; Non-Market Sector in Dynamic Equilibrium Models; Two Mechanisms for Risk Hedging and Optimal Labor Allocation; The Reallocation Mechanism: A Fiscal Policy Experiment; Conclusions; References; How European Financial Institutions Affect Their R & D and Economic Development; Observations from East West Comparison; Endogenous Growth Model with Financing Regime and R & D
Empirical and Policy ImplicationsConclusion; Appendix; References; An Almost Ideal Demand System (AIDS) of Canadian Tourism to Europe; Abstract; Introduction; Methodology; Literature Review; The Theoretical Model2; Elasticities3; The Tourism Model; Data and Description; Variables of the Model; Empirical Results; The Case of the Aggregate Demand9; The Demand for Leisure Tourism; The Demand for Business Tourism; The AIDS Model for the Visiting-Friends (VF) Consumers; Concluding Remarks; Appendix; Testing Residual Autocorrelation Results; The Derivation of the AIDS Specification; References
Single Mother in Europe: A Decomposition ApproachAbstract; Introduction; Data and Variables; The Prevalence of Single Mothers in Europe, 1994-2001; Decomposing the Cross-Country Variation; Conclusion; Appendix: Variance Decomposition; References; Overreaction in Venture Capital and Private Equity Markets: Evidence from European Markets before the Burst of the Bubble; Abstract; Introduction; Theoretical Base; Cause of Overreaction in VC/PE Markets: Proposed Hypotheses; Data and Methodology; Results; Conclusion; Appendix A; References
The Role of Public Benefits: A Case Study for Seven European CountriesAbstract; Introduction; Unemployment Insurance Benefit Schemes; Net Replacement Rates as Unemployed; Follow-On/Alternative Schemes for Unemployed; Net Replacement Rates as Unemployed, Insured/Follow-On Or Alternative Schemes; Early Retirement Schemes; Net Replacement Rates as Insured Unemployed and Early Retiree; Sickness Benefit and Disability Pension Schemes; Net Replacement Rates as Sick and Disabled; References; Secondary Market Behavior of European Securitization; Abstract; Introduction; Data; Model
Estimation ProcedureEstimation Results; General Model Specification; Conclusion; Appendix; References; An Attempt to Measure the Influence of the Maastricht Criteria and the Stability Pact on Growth and Unemployment in the European Union; Abstract; Introduction; Some Theoretical Considerations Regarding the Stability Pact; Historical Analysis of the Maastricht Criteria; Measuring the Direct Effects of the Maastricht Criteria on Growth; The Effects of the Maastricht Criteria on Unemployment; An Alternative Growth-Induced and Employment-Induced Stability Pact; Summary and Conclusion; Appendix
