63 research outputs found

    Italy CORPORATE LOBBYING IN THE EUROPEAN UNION: TOWARDS A THEORY OF ACCESS. 1

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    ABSTRACT. The aim of this article is to develop a theoretical framework in order to explain the access of business interests to the European Commission, the Parliament and the Council of Ministers. The degree of access to these institutions is explained in terms of a theory of demand and supply of access goods. Access goods concern information that is crucial in the EU policy-making process. In return for access to an EU institution, business interests have to supply one or more access goods. The organizational form of the interest representation determines the capacity to provide access goods. Business associative action is therefore unconventionally studied in relation with two other organizational forms: individual firm action and third party representation. To gain access, the provided access good simultaneously has to be demanded by the EU institution. Together with the supply, the EU institutions' demand for access goods is therefore carefully studied. 1 I would like to thank the participants of the Departmental Seminar at the European Universit

    4 Presidentialism in the Southern Cone. A Framework for Analysis *

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    Presidentialism has been long defined as a regime type based on the principle of separation of power. However, actual presidential systems have most of the times performed on a very different basis, closer to concentration rather than separation of power. This is especially the case in most Latin American countries. Ever since Simón Bolívar asserted, as early as 1826, that “the new states of America … need kings with the title of President” (Sondrol 1990: 426), the region has been identified by its propensity towards the accumulation of power in the top executive offices. Hyper-presidentialism, as this phenomenon came to be called, is at odds with the original concept of presidentialism. I contend that this contradiction has not been satisfactorily tackled yet; as a consequence, both observers and practitioners lack an analytical framework able to cope with differences inner to the so-called presidential regimes. The mismatch between concept and practice could be solved through either adopting a different definition of presidentialism or dismissing the empirical evidence as wrong. As the first choice seems more reasonable, I will start by adopting a restricted definition of presidentialism and advancing a typology of democratic regimes, just to thereafter apply it t

    Simultaneous Evolution of Learning Rules and Strategies

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    We study a model of local evolution. Agents are located on a network and interact strategically with their neighbours. Strategies are chosen with the help of learning rules that are based on the success of strategies observed in the neighbourhood

    The Asymptotic Variance of the Estimated Roots in a Cointegrated Vector Autoregressive Model

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    We show that the asymptotic distribution of the estimated stationary roots in a vector autoregressive model is Gaussian

    Macroeconomics of Distribution and Growth

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    This Chapter reviews various interactions between the distribution of income across individuals and factors of production on the one hand, and aggregate savings, investment, and macroeconomic growth on the other. Tractable models necessarily focus on speci#c causal channels within this complex web of interactions, and the survey is organized around a few relevant methodological insights. In a #Neoclassical" economy where all intra- and intertemporal markets exist and clear competitively, all distributional issues should be resolved before market interactions address the economic problem of allocating scarce resources e#ciently, and the dynamics of income and consumption distribution have no welfare implications. Other models, recognizing that market interactions need not maximize a hypothetical representative individual 's welfare, let accumulated and non-accumulated factors of production be owned by individuals with exogenously or endogenously di#erentsaving propensitie..

    Industry Earnings Differentials in Ireland: 1987-1994

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    This paper considers industry earnings differentials in Ireland between 1987 and 1994. Earnings equations are estimated using data from 2 cross-section surveys. Industry differentials are calculated and their stability over time and the importance of industry in determining earnings assessed. Finally, the causes of the differentials found are explored

    Jordan Matrices on the Equivalence of the I(1) Conditions for VAR Systems

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    The Jordan Form of the VAR's Companion matrix is used for proving the equivalence between the statement that there are no Jordan blocks of order two or higher in the Jordan matrix and the conditions of Granger's Representation Theorem for an series. Furthermore, a Diagonal polynomial matrix containing the unit roots associated to the VAR system is derived and related to Granger's Representation Theorem

    Delegation of a Monetary Policy to a Central Banker with Private Information

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    In this paper we solve a monetary policy game where a government appoints a completely independent central banker whose preferences from a point of view of private agents are private information. We show that a bit of private information is sufficient to eliminate any incentive for the goverment to precommit monetary policy to a conservative agent: both in a separating equilibrium and in a pooling equilibrium the central banker's optimal degree of conservativeness is the same as the government's one

    European Forum Series

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    The European Forum was set up by the High Council of the EUI in 1992 with the mission of bringing together at the Institute for a given academic year a group of experts, under the supervision of annual scientific director(s), for researching a specific topic primarily of a comparative and interdisciplinary nature. This Working Paper has been written in the context of the 1999-2000 European Forum programme on “Between Europe and the Nation State: the Reshaping o

    Learning while Searching for the Best Alternative

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    This paper delivers the solution to an optimal search problem with learning where the searcher has distinguishable search opportunities. The optimal sampling strategy is characterized..
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