The six studies collected in this CESifo volume analyse the sometimes unpredictable effects of public regulation on the labour market. Examining a wide range of policy interventionsfrom subsidised employment to an increased tax on capital and using a variety of methodologies to analyse them,...

In recent decades, governments have built up substantial public debt, which is often accompanied by a growing public sector and fiscal policies that neglect long-term considerations. The contributors to this CESifo volume consider whether the development of public debt in the United States and...

The trend toward privatization, which began with privatization experiments in the UK under Margaret Thatcher and the deregulation of the telecommunications sector in the United States, has attracted the attention of policymakers over the past two decades. Privatization is broadly supported by...

Intro -- Series Foreword -- Introduction -- 1 - Privatizing Network Industries -- 2 - Network Utilities in the United States: Sector Reforms without Privatization -- 3 - Privatization in Austria: Some Theoretical Reasons and Performance Measures -- 4 - Privatization in Denmark, 1980-2002 -- 5 -...

Recent developments suggest that well-intended climate policies--including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by...