While globalization benefits the world economy as a whole, there are negative repercussions. The worker of today is faced with increasingly open economy. As technology levels increase and structural shifts occur, unskilled workers are being hurt by the rise in competition. Governments must aid...

The literature on household behavior contains hardly any empirical research on the within household distributional effects of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting from a joint to an individual taxation system inFrance....

Like so many aspects of the European project, the sheer uniqueness of European Monetary Union can often make proper comparative analysis seem difficult and even strained. It seems in so many different ways to mark out uncharted territory. After all, this is a monetary union of democratic states,...