Title: Macro-Economic Models for R&D and Innovation Policies
Publisher: Publications Office of the European Union
Publication Year: 2015
JRC N°: JRC94323
ISBN: 978-92-79-45241-3
ISSN: 1831-9424
Other Identifiers: EUR 27080
OP LF-NA-27080-EN-N
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC94323
DOI: 10.2791/08850
Type: EUR - Scientific and Technical Research Reports
Abstract: This report compares the modelling of R&D in four macroeconomic models used by the European Commission for ex ante policy assessment: QUEST, RHOMOLO, GEM-E3 and NEMESIS, which are. Whereas the former three are general equilibrium models, the latter is a reduced form macro-econometric model. The report highlights those parts of the models that are relevant to R&D transmission mechanisms and interfaces for implementing policy shocks.
JRC Directorate:Growth and Innovation

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