Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


Alexander Fink

Articles by this author (10) :

Policy Paper: Asylum migration and barriers to labour market entry
Policy recommendations for easier access

Policy Paper: Asylum migration and barriers to labour market entryA successful integration of asylum migrants arriving in Europe will largely depend on their success on the European labour arket. In a new Policy Paper we investigate the labour market barriers faced by asylum migrants in Germany, France and the UK. We recommend a full elimination of barriers (...)

Germany: the highest income equality among large rich economies

Germany Income per capita is not only high in Germany, it is also relatively equally distributed in the population. OECD data indicate that only a few small countries have income both higher and more equally distributed than Germany. In other large European countries like France, UK, Italy or (...)

Low labour taxes – less unemployment

Low labour taxes – less unemployment An age-old phenomenon: Some unemployment exists and politicians want to fight it by creating conditions for new jobs. The usual recipe involves expanding government spending and investment programs. Figures for OECD countries show that places with low taxation of labour tend to exhibit low (...)

Fiscal health means more than current government debt
Some “fiscally healthy” Eurozone governments are in fact in dire straits

The Greek bankruptcy of 2010 was the latest impetus for reviving the debate on robustness of governments’ budgets in the Eurozone. It became clear that in order to assess the long-term fiscal health, it is not enough to look at the much used public debt-to-GDP ratio. Additional indicators need (...)

Greeks have the safest jobs in the euro area
Greek labour market is hard to crack for an outsider

Greeks have the safest jobs in the euro areaThe Greeks have voted and the left-wing Syriza emerged as the clear winner. There will now follow intensive discussions about Greek reforms and the relationship between Greece and the rest of the world. The labour market is one of the core battlegrounds in Greece. It is very difficult for the (...)

Freedom helps: especially in times of crisis
Greeks suffer consequences of lack of economic freedom

Freedom helps: especially in times of crisisFor several weeks Greece has been, once again, at the centre of European economic policy. Grexit, Greece’s withdrawal from the Eurozone, is being debated again, in light of the forthcoming Greek election of 25 January. Proponents point to the opportunity after such withdrawal for a massive (...)

Pretence of Knowledge: The Case of Jean-Claude Juncker
The EU as an investment bank we can do without

Pretence of Knowledge: The Case of Jean-Claude JunckerAccording to several reports, EU Commission President Jean-Claude Juncker is planning to introduce a 300 billion-euro investment package this Wednesday (November 26th). The idea is to establish a European fund that will assume liability risks on behalf of private investors. Only profitable (...)

Deutschland Wages Über Alles
Minimum wage is a tax on those who create jobs

Deutschland Wages Über AllesGermany’s minimum wage has been created at a pretty high level, higher than its equivalents in the UK or the US. Increasing the price and reducing the quantity of an economic activity it acts as a tax. A pretty unsocial one as it destroys jobs for the poor and punishes those who create them. (...)

Just How Unequal Would We Still Be If We Were All Equal?
Distribution Of Wealth Over The Life-Cycle And Inequality

Just How Unequal Would We Still Be If We Were All Equal?Suppose we had a society where the only difference among its members were their age. How unequally would wealth then be distributed?

Objectives, Instruments and Problems of Macroprudential Supervision

Objectives, Instruments and Problems of Macroprudential SupervisionSince events related to financial, banking, and debt crises regularly make it into the news, a term that seemingly originated from the Bank for International Settlements (BIS) in the late 1970s has become more popular: macroprudential supervision. Whereas microprudential supervision relates to (...)

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