Developments in land use patterns across Europe are generating considerable concern, particularly in relation to achievement of environmental goals. Land use trends — such as urban sprawl and land abandonment — are jeopardising the future for sustainable land use. Moreover, these trends...

Space is a key natural resource, necessary both for most human activities and for the maintenance of biodiversity. Within the European continent, space is limited and has been subjected to constant human use for thousands of years. At present, it is being ‘consumed’ or fragmented at rapidly...

The growth of cities in Europe has historically been driven by increasing urban populations. However, today, even where there is little or no population pressure, a variety of factors are still driving urban sprawl. These are rooted in the desire to realise new lifestyles in suburban...

This Report focuses on water, energy and land. It examines the constraints on each, the interrelationships between them and then considers how they can be managed together to promote growth in developing countries that is both socially inclusive and environmentally sustainable. A rising world...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

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 examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...

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...