The profound changes experienced by rural areas in Europe over the past couple of decades have resulted in obvious disadvantages: loss of employment due to changes in the agricultural sector, migration of young people towards urban centres, leading to a demographic imbalance, and insufficient...

This is the report of a conference held in Lisbon on 8-9 November 2007, organised by the Foundation in cooperation with the European Commission Leader+ Observatory, the Leader+ Network in Portugal and the Portuguese Ministry of Agriculture, Rural Development and Fisheries (Ministério da...

We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary policy could have greatly reduced the severity of the Great Depression. To do this, we first estimate a dynamic, general equilibrium model using data from the 1920s and 1930s. Although the model includes eight...