Why might the European member states seek for Fiscal Union? Coordination, macro-stability purposes and provision of (European) public goods are certainly goals of paramount importance for the implementation of Fiscal Union at European level. However, there is an equally important component of...

This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...

The working paper analyses the impact of EWCs on four different groups: shareholders, creditors, managers and employees. It argues that EWCs provide a net benefit. There are no significant negative impacts on shareholders and creditors while there are clear positive benefits for employees and...

Social Europe is back on the political agenda - as a result of severe economic crises, prior austerity policies and a change in the European discourse framework. Six years after being announced, the European Pillar of Social Rights - although legally non-binding - has become the central...