Economic theory suggests that unemployment could affect human capital investment decisions in either direction. The authors use microdata on sixteen year-olds from the U.K. Family Expenditure Survey to examine the effects of household circumstances and regional unemployment rates on early school...

Unemployment benefit systems in most OECD countries have become more generous since the early 1960s: the coverage rate has increased, the level of benefits has increased relative to the predisplacement wages, and maximum benefit periods in unemployment-insurance systems have become longer....

Although it is now over twenty years since the European Commission first published proposals concerning the harmonisation of corporate taxes, the debate on the desirablility of any such reform has not yet achieved a high political profile. However, it seems likely that the elimination or...