The present report provides an overview and discussion on the overall implementation of the Facility from April 2013 to December 2016. It covers the overall and quantified results of SOCIEUX, but also includes detailed information on actions completed in each country. Tables calculations have...

This evaluation of blending as an EU aid delivery mechanism aims to: provide an overall and independent assessment of blending. identify key lessons and recommendations to improve and inform future choices on blending. The scope includes EuropeAid support through seven investment facilities over...

The Project’s general objective is to promote renewable energies in the more underprivileged countries to help improve the living conditions of rural communities, supporting them in their fight against poverty, isolation and the marginalisation resulting from their socioeconomic conditions.

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 offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...