European Economic and Political Issues, Volume 9
In: European economic and political issues 9
Intro -- 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 Implications -- Conclusion -- 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 Approach -- Abstract -- 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.