The change in the business model of venture capitalists from investing locally towards investing across borders started to intensify in the late 1990s. Compared to domestic investments, cross-border investments…
Member countries of a currency union like the euro area have absorbed asymmetric shocks in ways that are inconsistent with a common nominal anchor. Based on a reformulation of the gravity model that allows for…
Local labor markets show strong regional differences in labor outcomes and economic conditions. Regional differences affect the welfare of local populations as well as the effectiveness of local policy…
The relationship between ageing and skills is becoming an important policy issue, not least in the context of population ageing. Data from the Programme for the International Assessment of Adult Competencies…