This report analyses the magnitude and geography of the economic consequences of climate risks across European NUTS3 regions. It introduces a new regional economic growth model that accounts for spatial spillover effects. The study, based on the JRC PESETA V project, focuses on a 2⁰C scenario...

This working paper was written by Michael Funke (Hamburg University) and Holger Strulik (Hamburg University).The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model,...

This chapter presents a framework to guide investment authorities in their facilitation efforts. It suggests that authorities may wish to keep things SIMPLE by focusing on Sustainability, Innovation, Measures, Partnerships, Learning, and an Ecosystem approach. In addition, they might want to set...

The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany. It emphasises the role of private and public capital accumulation during the developing process. The theoretical part derives fiscal policy rules which establish convergence of...

In an interesting and influential paper Robert Lucas (1993) considering the experience of East Asian small economies, suggests that "on the job" learning could be the principal engine of their miraculous growth in the last 20 years. In this paper I develop an overlapping generation model where...

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...