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In order to join the European Union, Romania, as well as the other member countries, must accomplish certain criteria, among which we can mention the adopting of the acquis communautaire. Thus, two Gu...
A logistic function framework is used to allocate European Union Common Agricultural Policy (CAP) direct payments to farmers among the different member states. Total CAP expenditure is the starting po...
The European Union 50 Years On: Modelling Economics and Politics of European Integration.
In the recent past, the choice of adequate voting weights and decision rules for the Council of the European Union (EU) has been a highly contested issue in EU intergovernmental negotiations. In gene...
The 2008 Annual Meeting of the European Public Choice Society.
The distribution of decisional power among member states of the EU has remained a hot issue in recent discussions about the future design of European Union decision making and the Lisbon revision of t...
The 2009 Meeting of the European Public Choice Society.
There exists no energy policy in the European Union, but rather a whole series of long-term goals setting its strategic orientation. Until 2000, when the green Book named “Towards the European Strateg...
This article investigates statement that IFRS have positive impact on the regulatory system in continental European countries. The accounting regulatory system is used for the purpose of investigation...
The distribution of the returns for a stock are not well described by a normal probability density function (pdf). Student’s t -distributions, which have fat tails, are known to fit the distributions ...
Empirical study of specific value added tax problems in selected EU member states is focused mainly on the field of providing services. Specifically services provided to a person from the same EU memb...
The international tendency towards the deregulation of restrictions and administrative settlements has suppressed the barriers between national financial markets. The adoption of a common currency and...
This paper presents hedging strategies for European and exotic options in a Levy market. By applying Taylor's Theorem, dynamic hedging portfolios are con- structed under different market assumptions, ...
In this paper we compare two classical one-factor diffusion models which are used to model the term structure of interest rates. One of them is based on the Wiener-Bachelier process while the second o...
Tax harmonization in the European Union has the greatest development in the field of value added taxation, but differences still can be found. Those differences influence not only the farming business...

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