After 10 years of experience with the euro, few would dispute that the euro and the euro area fared much better than many observers expected (see e.g European Commission, 2008, for a very detailed account and analysis). However, this does not mean that some policy concerns have not lingered on....

This report analyses the impact of product market reforms, in the form of the EU Single Market Programme, on the extent of product market competition and the subsequent effects of competition on innovation activity and productivity growth. The report first summarises the main messages from the...

The present study will contribute to the ongoing debate regarding the sources of growth in general, with specific attention being devoted to productivity determinants given their importance in shaping medium to long run changes in living standards. Any analysis of growth however must be seen as...

Utility services employ nonlinear tariffs that attempt to convey information on cost convexities. This paper examines how customers respond to noisy and volatile tariffs by measuring deregulated retail rates' impact on electricity consumption in San Diego. When rates doubled in 2000, consumers...

Improving diet quality has been a major target of public health policy. Governments have encouraged consumers to make healthier food choices and firms to reformulate food products. Evaluation of such policies has focused on the impact on consumer behaviour; firm behaviour has been less well...