This paper proposes a new paradigm for the analysis of monetary policy. From an econometric point of view this new approach is just as easy to implement as reduced form analysis, but is robust to the Lucas critique. It requires no explicit prior theory and yet it encompasses all standard DSGE...

Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...

This evaluation examined the support the European Commission’s DG for Development and International Cooperation (DEVCO) provided to Research and Innovation (R&I) in partner countries during the last EU budget period (2007-2013).

This independent report – with the wealth and breadth of knowledge it puts forward and the quality of the analysis it presents – gives us a research-based perspective on the post-2015 challenges we face.

This Final Report presents the outcome of the “Thematic global evaluation of the Commission support to decentralisation processes”. The Evaluation was commissioned by the DG DEVCO Evaluation Unit and was implemented between January 2010 and February 2012. The purpose of the evaluation is to...