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Due to problems with existing methodologies that aim to identify the causal impact of European Union cohesion policy on economic growth, we adopted a novel methodology. We first estimated 'unexplained economic growth' by controlling for the influence
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::5a20d7cfa36f7a2ed0d55af2302826fd
https://hdl.handle.net/10419/237622
https://hdl.handle.net/10419/237622
The academic literature on the effectiveness of the European Union's cohesion policy is inconclusive: some studies find positive long-term impacts, others find positive but only short-term impacts, while others find no or even negative impacts. This
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::1406300b7aebc2c1630c5738014a4559
https://hdl.handle.net/10419/208039
https://hdl.handle.net/10419/208039
Central banks face new challenges. First, the potential long-term decline in neutral rates of interest in advanced economies could reduce the space for central banks to make policy-rate cuts. Second, the potential flattening of the Phillips curve (ie
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::664d945dcdaed7814c424ca2941d1fb6
https://hdl.handle.net/10419/208025
https://hdl.handle.net/10419/208025