Since opinion leaders are usually university graduates, the field of study has an influence on public support for economic policies and policy reforms intended to enhance efficiency because advocating such policies often requires appreciation of the beneficial roles of markets and economic...

Evidently, the benefit-structure of the unemployment insurance has a significant influence onprofits and trade union utility. We show for a wage bargaining model that a stronger earningsrelationship of unemployment benefits may reduce wages and increase employment. Thisraises the question as to...

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...