EU Missions are large-scale initiatives under Horizon Europe designed to tackle major global challenges, such as climate change, cancer, soil health, ocean restoration, and the development of climate-neutral and smart cities. They set clear, time-bound goals and bring together research, policy,...

A fundamental problem for sovereigns enacting climate policies is whether they can manage increasing debts as their economies suffer from adverse climate impacts. We develop stochastic debt sustainability analysis integrating a coupled climate-economy model with debt financing scenario...

Europe has a large and persistent per capita income gap with the United States. Deficiencies in total factor productivity, labor utilization, and capital intensity all play a role. While deeper intra-Europe integration is one key element towards closing these gaps, remaining structural domestic...