Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining such a pattern. It is shown in this paper that this...

The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, product market regulations raise...

Under the framework of the Policy Coherence for Development (PCD), this report, commissioned by the European Commission, presents an analysis of the impacts of the EU biofuel policies on developing countries with the aim of strengthening its knowledge on the consequences of an increased biofuels...

This “Evaluation of the implementation of the African Peace Facility (APF) as an instrument supporting African efforts to manage conflicts on the continent” covers the period 2014-2016 and two of the three areas supported by the APF, i.e. support to African-led Peace Support Operations...