Intangibles and especially organisational capital are an important source of capital deepening in European countries, albeit with significant cross-country differences. The GDP in the EU27 area is 5.5% higher if certain categories of expenditure, which have until now been considered as current...

This study examines time use and the incentives to retire that include both the value of paid and domestic work. This is accomplished by documenting the time used in unpaid household work in a group of EU countries. An economic value is assigned to this time, which is then used to calculate the...