Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which just reduced contributions going to the...

This study analyses financial sustainability of the Finnish public sector. Current tax rates are unlikely to yield sufficient tax revenue for financing public expenditure under an ageing population. In the base alternative we assume that the European crisis does not worsen and that productivity...

This report was commissioned in response to issues identified in the Domestic Revenue Mobilisation Strategy (DRMS) in order to identify the changes to the policy-making process that could add value, such as quality of the technical analysis and inclusiveness of the process itself - transparency,...

Florian Dorn prepared this study during his doctoral studies at the Ludwig-Maximilians University of Munich (LMU). The study was completed in September 2020 and accepted as doctoral thesis by the Department of Economics. This dissertation contributes to the empirics of public economics and...

This policy letter collects elementary economic statistics and provides a very basic look on Russian public finances (i) to inform the reader's opinion on a possible planning process behind the war against Ukraine and (ii) to discuss prospects of an energy embargo and its capability to affect...

Die äußerst günstigen Finanzierungskonditionen hatten in den 2010er Jahren einen wesentlichen Anteil daran, dass die Bruttostaatsschuldenquote in Deutschland nach der Weltfinanzkrise merklich zurückgeführt wurde. Die Autoren stellen fest, dass es jedoch keineswegs klar ist, wie lange die...