In this paper we develop a two-sector endogenous growth model with a dual labour market, based on efficiency wages. Growth is driven by intentional R&D performed in the high-tech and high-wage sector. How a change in rivalry among firms affects simultaneously growth and unemployment is examined....

In this paper we study the cultural aspects of the ‘Europe of the regions’. We try to explain value differences in European regions. In explaining value differences between regions we build on Inglehart, who has described and empirically analysed the relationship between cultural values and...