The fundamental requirement for stock assessments is to provide a rational basis for the management of fishery resources. Data-deficient fisheries present a challenge as they only provide a limited basis for management decisions. The nature and extent of data-deficient fisheries in European...

The aim of the study is to provide the Commission with a snapshot of European aquaculture in thelate 1990s, the evolution of the sector over the last 10 years and prospects for the sector within the next 10 years.The two issues of key policy interest to the Commission are the contribution of...

The aim of the study is to provide the Commission with a snapshot of European aquaculture in thelate 1990s, the evolution of the sector over the last 10 years and prospects for the sector within the next 10 years.The two issues of key policy interest to the Commission are the contribution of...

The European Union's policy on fisheries agreements is being conducted against a background of the full exploitation or even overexploitation of the potential of many of the world's renewable marine resources. Nearly 16% of the stocks for which information is available are acknowledged to be...

This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...

This paper investigates the performance of optimised interest rate rules when there is uncertainty about a key determinant of the monetary transmission mechanism, namely the degree of persistence characterising the inflation process. The paper focuses on the euro area and utilises two variants of...

This paper reviews the key economic issues concerning the welfare costs of inflation and deflation, with a view to shedding light on the desirable properties of the inflation process. Our review of the evidence on the overall costs of inflation and deflation indicates that such costs could be...

This paper summarises the results of a quantitative study of the possible impact of downward nominal wage rigidity on the determination of inflation and output in the euro area and the existence of a non-vertical long-run Phillips curve. The study was undertaken in the context of the review of...