To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...

Economists have expended considerable effort to develop economically meaningful definitions of the somewhat elusive concept of "sustainability". We relate such a definition of sustainability to well known concepts from neoclassical economics, in particular, potential Pareto improvements (in the...

The rise of populist radical right parties represents one of the most dramatic shifts in European party systems of the past decades. Although it has been established that the populist radical right's core appeal centers around issues of immigration and multiculturalism rather than economic...

The aim of this study is to analyze redistribution within the Austrian tax-benefit system. In this work we take a comprehensive view and include not only direct taxation and cash benefits, but also indirect taxes and in-kind transfers. We look at two kinds of redistribution: between the...

Societies and economies are experiencing deep and intertwined structural changes that may unsettle the perceptions European citizens have of their economic and employment security. Such labour-market perceptions are likely in turn to alter people's political positions. For instance, those...