Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


The Reassessed OECD Jobs Strategy Revisited

The Reassessed OECD Jobs Strategy Revisited

The EU To Push For EMU Deepening After May Elections

The EU To Push For EMU Deepening After May Elections


Trade Liberalisation: The Challenge of Non-Tariff Barriers

Trade Liberalisation: The Challenge of Non-Tariff Barriers

Game of Thrones: Italian Style

Game of Thrones: Italian Style


Sugden's Response to Behavioural Paternalism

Sugden’s Response to Behavioural Paternalism

The Effectiveness of MIFID II After 11 Months

The Effectiveness of MIFID II After 11 Months


Latest publications

The Economics of Donald Trump’s Twitter Account

The Economics of Donald Trump's Twitter AccountUS President Donald Trump’s (in)famous tweet-storms have been used as anecdotal evidence of his volatility, anger, etc., but they are also an important source of policy information. After all, it has been repeatedly noted how Trump uses social media, particularly Twitter, as a way of addressing (...)

GDP Per Capita of OECD Countries: Good News

GDP Per Capita of OECD Countries: Good NewsCrises, shortages, and bad news are often dominating daily politics and media coverage. Under the radar of politics and media, however, highly desirable developments have been taking place. Among those is growing GDP per capita across the OECD since the 1990s. The strong economic growth in the (...)

Greece’s Institutional Trap
By: Aristides N. Hatzis

Greece's Institutional TrapWP 2018-11. Executive Summary.

The Stand-off Between Italy and the EU is a Serious Threat to the Euro

The Stand-off Between Italy and the EU is a Serious Threat to the EuroWhy all the fuss?
The nub of the dispute is Italy’s budget plans, which have been rejected by the European Commission (EC). The budget claims to increase public indebtedness by 2.4% in 2019 rather than the previously approved figure of 1.6%. However, the EC is unhappy about the violation of (...)

Visibility or Virtue Signalling? The Liberalisation of Salon de Paris

Visibility or Virtue Signalling? The Liberalisation of Salon de ParisThere exists more or less a consensus that the state must promote the arts. This exists even among many who know that state intervention brings market distortions, and it should be clear the arts are no exception. The case of the Salon de Paris, investigated by F. Etro, S. Marchesi and E. (...)

How Do Governments Circumvent EU Fiscal Rules?

How Do Governments Circumvent EU Fiscal Rules?The European Fiscal Board (EFB) - an agency established in 2015 by the European Commission to evaluate the implementation of EU fiscal rules and to advise the Commission on fiscal policies suitable to the euro area - has published its second annual Report (10th October 2018). The Report reviews (...)

The Reliability of Quantitative Results in Social Science

The Reliability of Quantitative Results in Social ScienceIn a recent paper titled "Evaluating the replicability of social science experiments in Nature and Science Between 2010 and 2015", a group of researchers set out to replicate a series of experiments published in prestigious academic journals, employing larger samples and different sophisticated (...)

Central Banks in Europe Are About to Regulate Crypto-Assets.

Central Banks in Europe Are About to Regulate Crypto-Assets.In September, the UK cross party Parliamentary Committee dealing with bank regulation and central banking published its analysis of the opportunities and risks posed by ‘crypto-assets’, such as Bitcoin, Ether, as well as any other coin issued via an Initial Coin Offering.
The report makes stark (...)

Britain’s Unsustainable Higher Education Financials

Britain's Unsustainable Higher Education FinancialsWhile the country and the main political parties are still focused on the Brexit debate, there is a potential educational, economic and financial crisis in the making, which may in the near future affect people involved in higher education in England.
After a government-supported process of (...)

The Faults In The Macron System: Wind Turbines At The LA Consulate

The Faults In The Macron System: Wind Turbines At The LA ConsulateMinister Hulot is leaving. We should rejoice, if only we knew the story of the old woman of Syracuse, told by Valerius Maximus (1st century AD historian), about Denys, one of Syracuse’s tyrants, loathed by everybody. One day, Denys heard about an old woman who prayed for him every single day. (...)

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