Πλοήγηση ανά Συγγραφέα "Kollias, C."
Αποτελέσματα 1-20 από 33
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ARMED CONFLICTS AND CAPITAL MARKETS: THE CASE OF THE ISRAELI MILITARY OFFENSIVE IN THE GAZA STRIP
(2010)This paper addresses the issue of the impact that armed conflicts have on capital markets. It focuses on the recent Israeli military offensive in the Gaza Strip launched in late 2008 and concluded in early 2009. The paper ... -
Budgetary trade-offs between defence, education and social spending in Greece
(2011)We examine the presence of budgetary trade-offs between defence spending and welfare expenditure in the case of Greece, the country with the highest defence burden in the European Union. The findings reported herein point ... -
Crime and the effectiveness of public order spending in Greece: Policy implications of some persistent findings
(2013)Increasing crime rates invariably result in calls for more police protection which requires the allocation of additional scarce resources to policing and public order. In an environment of fiscal pressures, the effectiveness ... -
Defence and non-defence spending in the USA: Stimuli to economic growth? Comparative findings from a semiparametric approach
(2013)Given its significant policy implications, the nexus between public expenditures and economic growth has been the subject of an extensive and often emotive theoretical and empirical debate. In this paper, a semiparametric ... -
Defence expenditure and economic growth in the European Union - A causality analysis
(2004)This paper examines the relationship between military expenditure and growth among the EU15 members using co-integration and causality tests for the period 1961-2000. Although the results reported herein do not reveal a ... -
Does Terrorism Affect the Stock-Bond Covariance? Evidence from European Countries
(2013)Using daily stock and bond returns data from four European countries-France, Germany, Spain, and Great Britain-that have been the victims of significant terrorist activity, this study addresses the issue of whether ... -
Dynamic European stock market convergence: Evidence from rolling cointegration analysis in the first euro-decade
(2010)The introduction of the euro epitomizes European economic integration. This paper assesses the dynamic process of convergence among four major European stock markets in the first euro-decade. Using tests that allow for ... -
Dynamic volatility and external security related shocks: The case of the Athens Stock Exchange
(2006)This paper analyses the impact of exogenous national security related shocks on the time-varying volatility structure of the Greek stock market. Alternative autoregressive conditional heteroscedastic models are estimated, ... -
Economic fluctuations and political self-placement
(2013)This paper examines whether economic conditions affect citizens' political self-placement on the left-right scale of the political spectrum. A cohort of factors influence and determine such self-placements by citizens ... -
The effects of terrorism and war on the oil price-stock index relationship
(2013)The effects war and terrorism have on the covariance between oil prices and the indices of four major stock markets - the American S&P500, the European DAX, CAC40 and FTSE100 - using non-linear BEKK-GARCH type models are ... -
Environmentally Responsible and Conventional Market Indices’ Reaction to Natural and Anthropogenic Adversity: A Comparative Analysis
(2015)It is widely claimed that climate change has increased the magnitude and the frequency of natural phenomena such as storms, droughts, and floods with the concomitant costs in terms of damages and victims. This paper using ... -
The Feldstein-Horioka puzzle across EU members: Evidence from the ARDL bounds approach and panel data
(2008)This paper addresses the saving-investment (SI) correlation for the EU 15 member countries, using the ARDL approach and panel regressions. If we accept the Feldstein-Horioka [Feldstein, M. and C. Horioka, 1980, Domestic ... -
Fiscal imbalances and asymmetric adjustment under Labour and Conservative governments in the UK
(2014)This paper examines whether the political colour of an incumbent government affects the speed at which fiscal imbalances are corrected in the case of the UK. Using quarterly data, we examine whether Conservative or Labour ... -
Fiscal policy in the European Union: Tax and spend, spend and tax, fiscal synchronisation or institutional separation?
(2006)Purpose - The purpose of this paper is to investigate the revenue-expenditure nexus in the case of the 15 members of the European Union. Design/methodology/approach - The paper uses a VECM framework to determine the causal ... -
Governance Convergence Among the EU28?
(2015)The paper attempts to detect trends of convergence in terms of governance among the EU member-states. This is an issue that has not hitherto been examined. The empirical analysis provided utilizes the worldwide governance ... -
Growth, investment and military expenditure in the European Union-15
(2010)Purpose: The purpose of this paper is to investigate the relationship between growth, investment and military expenditure in the case of the European Union-15. Design/methodology/approach: The paper uses fixed panel models, ... -
Guns, highways and economic growth in the United States
(2013)Given its significant policy implications, the nexus between public expenditures and economic growth has been the subject of an extensive and often emotive theoretical and empirical debate. The nexus between two types of ... -
Is there an international convergence in defence burdens? Some initial findings
(2014)This paper examines whether or not there is convergence in defence burdens across the world. To this effect, σ-convergence and β-convergence methodologies are employed. The sample consists of 128 countries and covers the ...