Furthering equity as an achievable public policy objective is based on theability to assess needs accurately, and distribute resources accordingly.The purpose of this paper is to plot the development of the formulaegoverning resource allocation in education, health and social housingand to chart...

Housing and neighbourhoodConditions have changed radically since the Sustainable Communities Plan proposed “large-scaleclearance” as a central part of the regeneration and renewal of old streets of terraced housing andmore recently built council estates. One thing has not changed: community...

The German government has spent between 7bn and 11bn Euro per year on active labor market policies (ALMP) in East Germany in the last decade. The effectiveness of the most important programs (in terms of participants and spending) such as job-creation schemes and vocational training has been...

The literature suggests that public research and development (R&D) subsidies mayreduce market failures affecting private R&D investment caused by incompleteappropriability of knowledge and financial constraints due capital marketimperfections. Drawing on the theory of investment under...

Kaum ein Politikfeld erscheint denBürgerinnen und Bürgern so undurchsichtigund komplex wie die Agrarpolitik der EuropäischenUnion (EU). Der Agrarsektor ist nachwie vor einer der am stärksten durch Subventionengeförderten Wirtschaftszweige.3 Weraber wann wie viel staatliche...

After the German reunification, interregional subsidies accounted for approximatelyfour percent of gross fixed capital investment in the new federal states. We show thatbetween 1992 and 2005 infrastructure and (small) business aid had a negative netimpact on regional economic growth. This...

Offener Brief des Wissenschaftlichen Beirats beim Bundesministerium für Wirtschaft und Technologie zum Thema Mitarbeiterbeteiligungen. Dabei wird insbesondere auf die Förderung von Mitarbeiterbeteiligungen bei Geringverdienern, auf Betriebsebene und durch Fonds eingegangen.

The rational prodigality argument, which often serves to justify social security,is considered in a second-best tax framework with endogenous labor supply. Rationalprodigality renders the familiar policies time inconsistent. We analyze time consistentpolicies and show that a wage tax suffices to...