Publicaties
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The Impact of the 2013 CAP Reform on the Decoupled Payments' Capitalisation into Land Values KU Leuven
Virtual relationships: Short- and long-run evidence from BitCoin and altcoin markets KU Leuven
This study empirically examines interdependencies between BitCoin and altcoinmarkets in the short- and long-run. We apply time-series analytical mechanismsto daily data of 17 virtual currencies (BitCoin + 16 alternative virtualcurrencies) and two Altcoin price indices for the period 2013-2016. Ourempirical findings confirm that indeed BitCoin and Altcoin markets areinterdependent. The BitCoin-Altcoin price relationship is significantlystronger ...
R&D and non-linear productivity growth KU Leuven
The economics of BitCoin price formation KU Leuven
This paper analyses the relationship between BitCoin price and supply-demand fundamentals of BitCoin, global macro-financial indicators and BitCoin attractiveness for investors. Using daily data for the period 2009-2014 and applying time-series analytical mechanisms, we find that BitCoin market fundamentals and BitCoin attractiveness for investors have a significant impact on BitCoin price. Our estimates do not support previous findings that the ...
RHOMOLO: A dynamic spatial general equilibrium model for assessing the impact of cohesion policy KU Leuven
The paper presents the newly developed dynamic spatial general equilibrium model of European Commission, RHOMOLO. The model incorporates several elements from economic geography in a novel and theoretically consistent way. It describes the location choice of different types of agents and captures the interplay between agglomeration and dispersion forces in determining the spatial equilibrium. The model is also dynamic as it allows for the ...