This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...

This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis...

This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations. The starting point is the definition of MFP used in previous work in the OECD's Economics Department (e.g. Johansson et al....

Verlagsinfo: Wie sieht Deutschlands Zukunft aus, wenn man sie wie die eines Unternehmens plant? Auf welche Stärken kann das Land bauen? Und was muss Deutschland heute tun, um in Zukunft erfolgreich zu sein? Die Antworten gibt der ""Geschäftsplan Deutschland"". Deutschland ist ein reiches Land;...