In Central and Eastern Europe the restructuring process of large state enterprises had the effect of increasing unemployment. Social policy expenditure, in particular nonemployment policies, grew faster then expected due to the need of financing the \textit{out of labor force} categories. The...

This paper presents a model of Rule of Law in which a continuum of agents plays against the State for the appropriation of the economic assets of a stylised economy. The model shows how each agent can either challenge the State or acquiesce, with the latter having the choice of either protecting...