This paper uses European firm-level survey data to provide some robust empirical evidence that suppliers engaged in production to order (PTO) for foreign firms are more likely to introduce product innovations than those engaged in PTO for domestic firms, even when differences in size, R&D and...

We investigate profit shifting by the largest and systemically relevant European multinational banks using new data made available through country-by-country reporting for the financial years 2014-2016. We capture tax incentives for income shifting using a multilateral tax differential between...

While educational achievement surveys revolutionised research on education cross-nationally, the surveys have been repeatedly subject of heated debate since first results were published. This paper reviews existing research examining the design and methodology of educational achievement surveys....

Student mobility is the most recognised element of Erasmus+, a major EU policy which celebrated its 30th anniversary in 2017. It is clearly popular with an increase in student uptake from 3.2 to 272.5 thousands from 1987 to 2014. Recent studies show that studying abroad provides benefits like...

Although, the need for an efficient Roma integration policy is growing in Europe, surprisingly little robust scientific evidence regarding potential policy costs and expected benefits of alternative policy options has supported the policy design and implementation so far. The present study...

The paper reviews adjustment dynamics in the EMU on the basis of estimated DSGE models for four large EA Member States (DE, FR, IT, ES). We compare the response of the four countries to identical shocks and find a particularly strong response of employment and wages in ES, a high sensitivity of...

Using bank balance sheet data, we find evidence that leverage and asset risk of European multinational banks in the crisis and post-crisis period is affected by corporate taxes in their host country as well as by the tax rates in all the jurisdictions where the banking group operates. Then, we...

This report studies population dynamics in Europe. Its purpose is threefold. First, the report offers a literature review of the main drivers of population growth. Second, an empirical analysis is carried out in order to unveil the determinants of population growth in EU sub-regions (NUTS3...

We point out that the simple slice sampler generates chains that are correlation-free when the target distribution is centrally symmetric. This property explains several results in the literature about the relative performance of the simple and product slice samplers. We exploit it to improve...

This paper compares the distributional effects of conventional monetary policy and quantitative easing (QE) within an estimated open-economy DSGE model of the euro area. The model includes two groups of households: (i) wealthier households, who own financial assets and are able to smooth...