Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving...

Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimise the risk of such events while strengthening...

Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimize the risk of such events while strengthening...

Durch die Versteigerung der UMTS-Lizenzen erhielt die Bundeskasse unerwartete Mehreinnahmen von knapp 100 Mrd. DM. Diese Erlöse sollen als Schuldentilgung verwendet, die dadurch eingesparten Zinszahlungen des Bundes in Höhe von jährlich 5 Mrd. DM in Forschung, Bildung, Verkehr und...