Mostly, all developed countries have the problem that the total fertility rate is below its sustainable level. Therefore, all these countries face economic problems caused by a demographic change. In this paper, we show that given certain conditions a pay-as-you-go pension system where the...

Governance of Innovation takes the multidimensional nature of innovation as its point of departure, bringing together leading scholars from a variety of backgrounds to provide an authoritative and comprehensive overview of contemporary innovation challenges.

This book provides a state-of-the-art overview of current research on regional competition and co-operation. Developing our current understanding of the new role of regions and their behaviour, this book addresses questions such as: How and why do regions compete? How does competition between...

In this paper, we apply an Overlapping Generations (OLG) model with endogenous fertility and a pay as you go (PAYG) pension system to find out what are the economic consequences of different policy measures to increase the number of children. Especially, we take into account the introduction of...

Using an OLG-model with endogenous growth and public capital we show, that an international capital tax competition leads to inefficiently low tax rates, and as a consequence to lower welfare levels and growth rates. Each national government has an incentive to reduce the capital income tax...

Since just around 30 years we observe that the labor’s share of the national income decreases in most countries. In this paper, we introduce an endogenous overlapping generation growth model with an institutional setting of the labor market to show that the changes of the labor-market...

A Regional Accounting Matrix including Environmental Accounts (RAMEA) is the Regional version of a 'National Accounting Matrix including Environmental Accounts' (NAMEA), an environmental accounting system that combines economic and environmental accounts into a single framework, which is useful...