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This paper employs stochastic simulations of a small structural rational expectations model to investigate the consequences of the zero bound on nominal interest rates. We find that if the economy is subject to stochastic shocks similar in magnitude to those experienced in the U.S. over the...
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right environment for the development and commercial success of digital innovation, and to maximise the growth of the …
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The 32nd CEIES seminar "Innovation indicators - more than technology?" was held on 5 and 6 February 2007 in Aarhus …, Denmark. This seminar provided an opportunity for national innovation statistics producers, data users and data providers to … Manual 2005 and its implementation (new types of innovation, more focus on service industries and on linkages, not just …
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) provided to Research and Innovation (R&I) in partner countries during the last EU budget period (2007-2013). …
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