This paper examines the link between pollution and income. It shows how income inequality affects environmental policies and therefore pollution. The Environmental Kuznets Curve (EKC) hypothesis proposes that there is an inverted U-shape relation between environmental degradation and income per...

In this paper we consider various privatisation mechanisms in a general equilibrium model. We show that privatisation has no real effects, if the public sector is efficient and lump-sum taxes are implemented. The free distribution of public assets is financially neutral, whereas the sale of...

This paper investigates the occurrences at the Sixth Conference of the Parties to the 1992 United Nations Framework Convention on Climate Change (UNFCCC) which took place in The Hague, The Netherlands, from the 13th to 25th November of 2000. Since the conference did not reach an agreement there...

This paper elaborates on the recent race to sequence the human genome. Starting from the debate on public vs. private research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities play an important role, market and non-market...

Many public goods can be provided at different spatial levels. Evidence from social identity theory and in-group favoritism raises the possibility that where higher-level provision is more efficient, subjects' narrow concern for local outcomes (parochialism) could harm efficiency. Building on...

The main objective of this work is to study the effects that supply and demand factors have on waiting lists. With this aim, the authors discuss a model which explains the factors that can affect the production of healthcare, demand for healthcare, and finally, the inequalities between health...

Maternity and family leave policies enable mothers to take time off work to prepare for and recover from childbirth and to care for their new children. While there is substantial variation in the details of these policies around the world, the existing research yields the following general...

Many public goods can be provided at different spatial levels. Evidence from social identity theory and in-group favoritism raises the possibility that where higher-level provision is more efficient, subjects’ narrow concern for local outcomes (parochialism) could harm efficiency. Building on...

Die Finanzierung des öffentlich-rechtlichen Rundfunks in Deutschland steht in der Kritik. Vielfach wird bezweifelt, dass eine öffentliche Finanzierung von Rundfunkanstalten aus ordnungspolitischer Perspektive noch gerechtfertigt werden kann. Die Autoren argumentieren, dass es trotz...

A blockchain is a digital ledger that keeps track of a record of ownership without the need for a designated party to update and enforce changes to the record. The updating of the ledger is done directly by the users of the blockchain and is traditionally governed by a proof-of-work (PoW)...