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Another Day, Another Ban

by Alexander Fink, Fabian Kurz, Translated by Anna-Maria Kohnke    16 October 2019    0

Summer is not only the season of swimming trunks and barbecues, but also of vociferous politicians. One of the warhorses of this year’s silly season are bans. Whether it is plastic cutlery, oil heating or domestic flights, calls for bans are becoming louder across the political spectrum. Bans, (...)


Supervisory schizophrenia?

by Leonardo Baggiani    10 October 2019    0

The Joint Committee of the three European Supervisory Authorities (European Banking Authority, European Insurance and Occupational Pensions Authority, European Securities and Market Authority) publishes a quarterly report on risks and vulnerabilities in the European financial system. This (...)


What Regulators Should Understand About the Sharing Economy

by Christian Nasulea, Diana Nasulea    1 October 2019    0

On September 10th, California lawmakers have passed the much disputed Assembly Bill 5 that targets a change in the status of gig economy workers, from freelancers to actual employees. The bill allegedly aims to protect workers that are treated unfairly by companies which avoid paying for (...)


The harsh fight of populism against reality

by Sergio Beraldo    25 September 2019    0

In May 2018, Giuseppe Conte became prime minister after an electoral campaign in which Italians were being told that a honey and milk Age was about to begin. It was clear to everybody that an unknown professor of Law, with no political legitimacy (he had not figured prominently in the electoral (...)


Paralysis and Circularity at the ECB

by Gordon Kerr, Cavin O’Driscoll with Enrico Colombatto    18 September 2019    0

A cynical English expression popular in sporting circles is “All the Gear and No Idea”. This is expressed, sotto voce, at the club bar when mocking a typically well-off amateur sportsman who has shown up at the ski slope, the golf course or the clay pigeon shoot with the most expensive equipment (...)


Why do central bankers tend to get it wrong?

by Leonardo Baggiani    11 September 2019    0

Central banks play a prominent role in regulating modern economies. They enjoy a high reputation for their technical competence, and provide analyses and forecasts that influence the behavior of markets and the policymakers’ decisions, with emphasis on monetary policy. What if their forecasts (...)


Mass Unemployment and Skilled Labour Shortage?

by Alexander Fink, Kalle Kappner, Translated by Anna-Maria Kohnke    4 September 2019    0

Germany’s labour market is buzzing. The unemployment rate is currently close to 5%. Althoughthe business cycle could cool down in the near future, the trend is not expected to reverse course in the coming years. In the long run, however, pessimism dominates. As automation intensifies, many (...)


The Skilled Immigration Act: A Missed Opportunity

by Kalle Kappner, Translated by Anna-Maria Kohnke    28 August 2019    0

For several decades, labour market experts and economists have been advocating what now seems to become real: in 2020, Germany’s new immigration act will come into effect. The ‘Skilled Immigration Act’ is supposed to make immigration of qualified, non-EU citizens significantly easier. In the (...)


The contractual approach to welfare policy design

by Sergio Beraldo    21 August 2019    0

«From now on our nation’s answer to this great social challenge will no longer be a never-ending cycle of welfare: it will be the dignity, the power, and the ethic of work. Today we are taking an historic chance to make welfare what it was meant to be: a second chance, not a way of life…The new (...)


Organ Donations and Transplants. Should we accept to be nudged towards better choices?

by Sergio Beraldo    7 August 2019    0

«Would you be willing to donate one of your organs to an organ donation service immediately after your death?». This question was asked to a sample of Europeans through an Internet based enquiry promoted by the European Commission and completed in September 2006. It was included in a survey aimed (...)


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