Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


What Impact Will The Open Banking Rules Have On Fintech's Aspirations to Disrupt Traditional Banking?

What Impact Will The Open Banking Rules Have On Fintech’s Aspirations to Disrupt Traditional Banking?

Biofueled Unintended Consequences

Biofueled Unintended Consequences


Free People are Happier

Free People are Happier

Populinomics Italian Style

Populinomics Italian Style


Gig Economy Regulations Will Hurt Consumers

Gig Economy Regulations Will Hurt Consumers

An Appraisal of Sovereign Bond-Backed Securities

An Appraisal of Sovereign Bond-Backed Securities


Latest publications

Unconditional Basic Income: Experimental Findings so far

Unconditional Basic Income: Experimental Findings so farThe unconditional basic income became subject of a heated debate recently. Across ideological borders there are supporters and opponents. The possible consequences of its introduction are controversial. Critics are afraid that people would reduce the amount of their paid work and hence (...)

Is Nudging Against Individual Autonomy?

Is Nudging Against Individual Autonomy?It recently became known that there were less than 800 organ donors in Germany in 2017 – 65 percent less than in 2007. Whenever such numbers are published, it is highlighted that contrary to the Netherlands, in Germany individuals do not become organ donors automatically unless they explicitly (...)

New Guidelines on Snacking: Another Unnecessary Interference

New Guidelines on Snacking: Another Unnecessary InterferenceToday, in England nearly a third of the children aged between 2 and 15 years old are either overweight or obese and younger generations are becoming obese at earlier ages and staying obese for longer, according to the Survey for England by Health and Social Care Information Centre. In order to (...)

The fatal profit of the Swiss National Bank

The fatal profit of the Swiss National BankThe Swiss National Bank (SNB) has recently published a record profit of staggering 54 bn. Franken or €46 bn. The central bank´s profit is equivalent to 6,600 Franken for every Swiss citizen. In a market economy, profits are the sign of successful economic action. Does this mean that the Swiss (...)

The miraculous multiplication of loaves and fishes in the Italian electoral campaign

The miraculous multiplication of loaves and fishes in the Italian electoral campaignItalian general elections will be held on March the 4th, and these weeks will be remembered as a time when promises abound and all Italians are assured that from March on they will bask in eternal happiness. This is great news for Italians, after all what they suffered during the past years: no (...)

The Looming Crisis in the Private Provision of Public Services
Close Parallels with the Systemic Failure of Banks

The Looming Crisis in the Private Provision of Public ServicesThe collapse in January of Carillion PLC, the UK’s second largest construction and outsourcing company has attracted considerable media coverage. Carillion was principally engaged in public sector contracts to build (and in some cases operate) hospitals, prisons, roads, and part of the new (...)

IREF Workshop in Vienna 8th March 2018
IREF and Austrian Economics Centre

IREF Workshop in Vienna 8th March 2018The next IREF Workshop will take place in Vienna on the 8th of March 2018. The Workshop will be co-hosted by the Austrian Economics Centre.
Programme of the Workshop
Location: Hayek Saal, Grünangergasse 1-15/1, 1010 Wien, March 8, 2018
09:15 – 09:30 Welcome addresses: Barbara Kolm (Austrian (...)

Problems with Oxfam’s Inequality Report

Problems with Oxfam's Inequality ReportOxfam’s latest report on Global Inequality entitled “Reward Work, not Wealth” continues its tradition of setting the tone for the World Economic Forum this week in Davos, Switzerland. While on the face of it the world looks like it is becoming less unequal as 42 people are claimed to control half (...)

Donald Trump’s Tax Cuts Show the Importance of Tax Competition

Donald Trump's Tax Cuts Show the Importance of Tax CompetitionThe US economy has for years suffered because of its corporate tax rate, which has sat consistently among the world’s highest at 35%. In attempts to escape this punitive rate, US companies such as Apple have relocated their headquarters to countries like Ireland, who have seized the opportunity (...)

An Impossibility Result on Nudging Grounded in the Theory of Intentional Action
by Sergio Beraldo

An Impossibility Result on Nudging Grounded in the Theory of Intentional ActionWP 2018-01. Executive summary.

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