â?¢ Ultra-loose monetary policies, such as very low or even negative interest rates, large-scale asset purchases, long-maturity lending to banks and forward guidance in central bank communication, aim to increase inflation and output, to the benefit of financial stability. But at the same...

The need for innovation, coupled with the pervading role of services in advanced economies, requires a broader understanding of innovation that better captures the multi-dimensional role of services in innovation. In this paper, we consider ‘service innovation’ as any innovation...

<em>This paper is co-authored by Črt Kostevc, University of Ljubljana, and Institute for Economic Research (IER); and Metka Stare, Institute of Economic Research (IER) and University of Ljubljana.</em> The paper investigates the dual effect of innovation on employment and skill...

<em>This post is co-authored by <a href="http://simpatic.eu/author/rene-belderbos/" target="_blank">Rene Belderbos</a>, KU leuven.</em> It is well established in the literature that there are intra- and inter-sectoral knowledge spillovers, which are national and cross-border, and mean that the social rate of return from R&D exceeds the private rate of return. It is essential...

After an introduction to the social innovation concept (Chapter 1), the working paper presents four perspectives of social innovation: <ul> <li>The macro-perspective of social transformation towards a global knowledge society (Chapter 2)</li> <li>The work/organizations change perspective: social technologies are...</li></ul>

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...

Climate change is one of the greatest global policy challenges, as it is widely recognised that unabated climate change can have large impacts on human societies and economic development. Despite the global nature of climate change impacts, the outcome of the recent Conferences of the...

This report presents the updated reference scenario using the new version of the NEMESIS model. Three main elements distinguish this exercise with respect to the previous one (Deliverable D10.1): (i) the first is the update of the exogenous variable following the last economic outlook available;...

<strong>Particiants: SEURECO/ERASME, E3MLab – ICCS</strong> This working paper presents in a first part the policy scenarios analyzed with the NEMESIS model and in a second part the policy scenarios analyzed with the GEM-E3 model