Despite political commitment, Europe is struggling to halt the loss of biodiversity by 2010. Forests, as the hosts of much of the biological diversity in Europe, are vital to this debate. Any initiative designed to halt the biodiversity loss in Europe must take forests into account.

Periods of economic and financial stress traditionally give rise to profound changes in economic theory and in the way policy decisions are taken. Motivated by the recent interest in renewing macroeconomics after the global financial crisis, we collected the views of senior central bank staff in...

This paper uses the EAGLE, a multi-country dynamic general equilibrium model, to illustrate dynamic adjustments in a small open economy undergoing real convergence. We consider the effects of productivity catch-up and misperceptions about future productivity developments. Our results indicate...

This paper develops a small-scale DSGE model which embeds a demographic structure within a monetary policy framework. We extend the tractable, though non-monetary overlapping-generations model of Gertler (1999) and present a small synthesis model which combines the set-up of Gertler with a...

Dynamic stochastic general equilibrium models have recently become standard tools for policy-oriented analyses. Nevertheless, their forecasting properties are still barely explored. We fill this gap by comparing the quality of real-time forecasts from a richly-specified DSGE model to those from...

Le cacaoyer (nom botanique: Théobroma cacao L) est un arbre à feuilles persistantes. Il ne supporte pas les températures trop basses, raison pour laquelle il pousse en zone équatoriale où la température moyenne se situe autour de 27°C. Dès la fin du XIXe siècle, des plants de cacaos...

Les objectifs principaux de l’évaluation sont de: Rendre des comptes et fournir aux services de l'Union européenne (UE) ainsi qu'à un public plus large une évaluation indépendante et globale de ses relations de coopération et de partenariat passées et présentes avec la République du...

This evaluation covers Trade-Related Assistance (TRA) provided by the EU from 2004 to 2010. TRA relates to AfT category 1, trade policy and regulation; category 2, trade development; to category 5, trade-related adjustment activities relevant to TRA; and to category 6, other trade-related needs....

In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price rigidities. Then, it estimates a set of structural parameters...