Economic and monetary union

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The Measurement of Cross-border Penetration in the EU Public Procurement Market

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The study explores the current state of play in cross-border activity in public procurement in the EU. The primary need for the research is to provide updated time series of the indicators computed in previous studies and gather additional economic evidence that could better contextualize these findings in the international settings of EU public procurement policy. (…)
The study is part of a larger project that E4P is currently doing in partnership with Prometeia and BIP .

The impact of the regulatory environment on digital automation in professional services

Francesco Franco

Teacher

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The digital automation transformation that started in the last decade is changing business models by freeing humans from low value-added repetitive tasks and influencing consumers’ lives through cheaper online service delivery. Digital automation is also favouring the emergence of brand-new services (…)

Does Right or Left Matter? Cabinets, Credibility and Fiscal Adjustments

José Tavares

Teacher

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This paper tests the widely held assumption that left-wing cabinets favor higher public spending and examines whether cabinet ideology affects the persistence of major fiscal adjustments. In a panel of large fiscal adjustments in OECD countries during the last 40 years, we find evidence that left-wing and right-wing cabinets are partisan: the left tends to reduce the deficit by raising tax revenues while the right relies mostly on spending cuts. (…)