This paper analyzes the interplay between economic incentives and social norms in a public finance context. We assume that to live one's own work is a social norm, and that the larger the population fraction adhering to this norm, the more intensely it is felt by the individual.

This paper deals with economic incentives and welfare-state arrangements in OECD countries; it also offers some lessons for would- be welfare states. These arrangements differ, of course, among countries. In particular, there is a wide variation in the extent to which countries rely on four...

In what follows, we examine the consequences of the recent developments in the labour market for the reorganization of work, the move towards multi-tasking and the consequent break-down of occupational barriers, the transformation of job opportunities, and the implications for inequality in the...

New information and communication technology (ICT) makes consumers better informed about available products, product quality and prices, which mitigates problems of asymmetric information. The entry of firms is facilitated, competition and economic effiency is boosted and the market powers of...