Analyses minimum wage developments in the last ten years or so in 14 of the EU-27 countries and in Turkey. Considers the role of increased mobility of goods and services, capital and labour, and the issue of harmonization between individual member States

This paper reviews the empirical literature on rates of return on R&D and interprets the economic significance of these estimates using a semi-endogenous growth model with a calibrated knowledge production sector. We analyse how R&D subsidies, a reduction of entry barriers for start-ups and...