This paper describes some of the features of a new dynamic general equilibrium framework (RHOMOLO) being developed at the European Commission (JRC-IPTS, together with DG REGIO) for evaluating EU Cohesion Policy. The design of the model reflects the objectives of Cohesion Policy, and a broader...

This paper discusses ways in which a system of Purchasing Power Parities defined at the NUTS-2 regional disaggregation could be developed, and what the implications could be for EU policy, particularly the evaluation of Structural Funds and the conclusions made thus far about regional...