This paper investigates fiscal sustainability in an overlapping generations economy with endogenous growth coming from human capital formation through educational spending. We assess how budgetary imbalances affect economic dynamics and the outlook for economic growth, thereby providing a...

This report covers the main results of the study carried out on behalf of the European Commission in accordance with the service contract RTD/DirC/C4/2009/0268794 of 9 June 2009. The main objective of this project was to study, and report to the European Commission and to its Advisory Group1,...

Europe is undergoing a previously unwitnessed ageing of the population. In view of this, social inclusion of the elderly and strategies to promote voluntary work among older people are now important items on the EU’s political agenda. This report is based on 30 case studies from 11 Member...