This paper analyses government instruments in terms of reducing market inequality. Government redistribution, realized through public spending and taxation, could be considered as a key element in order to ensure a more equal distribution of income between households. The first part of the paper...

The need to increase the flexibility and dynamics of their labor markets has made many European countries to proceed with institutional reforms. However, only few of them have decided on a radical transformation. Germany belongs to this club of reformers. In 2003, the German government...

This paper analyses government instruments in terms of reducing market inequality. Government redistribution, realized through public spending and taxation, could be considered as a key element in order to ensure a more equal distribution of income between households. The first part of the paper...