The RHOMOLO analysis (reported in this Technical Report) focused on the macroeconomic impact of the ESF across the EU at both the national and the regional level. 

According to the analysis, the ESF fund is important for speeding up the economic recovery taking place in most European economies, generating economic benefits which are higher than its costs by 2030. 

It should be noticed that GDP and employment growth are not the main objectives of the policy. Given the wage benefits and productivity enhancing effects associated with the ESF, its distributional effects are also of interest.

A short non-technical Policy Insight has been recently published and can be found here.