This technical report illustrates a simulation performed to assess the likely economic impact of the Grand Paris Express investments on the Île-de-France and the other European Union regions, under the working assumption of a combined 1% increase in labour productivity due to better matching...

The paper illustrates the effect of a permanent demand-side shock in the perturbed regions and the associated spillover effects in the non-perturbed regions using the RHOMOLO spatial-numerical general equilibrium model of the EU economy. We test to what extent gradual upward pressure on wages...

Does employment flexibility facilitate cross-regional adjustments via labour mobility? Or is it instead a hinderance to cross-regional equilibration in the labour market? We examine this, drawing on a sample of 11 European countries belonging to different 'varieties' of European capitalism. We...

We analyse the general equilibrium effects of an asymmetric decrease in transport costs, combining a large scale spatial dynamic general equilibrium model for 267 European NUTS 2 regions with a detailed transport model at the level of individual road segments. As a case study we consider the...

Using data from the execution of 2014-2020 cohesion policy, the paper offers a comprehensive analysis of the speed of absorption capacity of European funds by introducing novel metrics. It evaluates absorption capacity considering time performance and distinguishing between national and regional...

We evaluate the macroeconomic impact of the legislative proposals contained in the third pillar of the Investment Plan for Europe using the RHOMOLO modelling framework. In particular, we study a number of proposals related to the Capital Markets Union, the Single Market Strategy, the Digital...