The Working Paper series publishes original research related to IREF’s mission.
Every article also provides a non-technical Executive Summary.
WP 2015-02. Executive Summary Western central banks have been pursuing unconventional monetary since at least 2008. Is there a way of ending them? The authors identify the winners and losers…
WP 2015-01. Executive Summary Does progressive taxation on corporate income discourage entrepreneurship? At first glance, the answer seems in the positive, since as tax pressure on business increases, business activities…
WP 2014-01. Executive Summary Bailouts have created a problem of moral hazard. This has exacerbated, rather than relaxed, the decline in integrity in banking that is the subject of this…
WP 2013-07. Executive Summary The traditional argument in favour of decentralization focuses on tax competition and on the quality of public expenditure. In a sentence, it is argued that a…
WP 2013-06. Executive Summary There is a vast literature that documents the benefit of training, both for the employee (whose productivity and wage rate increase) and for the employer (who…
WP 2013-05. Executive Summary Although it is generally agreed that government size has a negative impact on economic growth, it is also manifest that the intensity of this causal relationship…
WP 2013-04. Executive Summary The critical situation of most state-pension schemes plays a key role in explaining the public-finance crises that characterize many West-European countries. Although most observers refrain from…
WP 2013-03. Executive Summary International restructurings by globally acting enterprises have become a common occurrence in the wake of accelerating globalization and have led to increasing global relocations of economic…
WP2013-01. Executive Summary This working paper explores the notion of personal responsibility by considering people’s attitude towards redistribution. In particular, the authors run a controlled experiment by offering a representative…
WP 2013-02. Executive Summary Update (Nov’14): The paper has been accepted for publication in the European Journal of Law and Economics. There is no doubt that the judiciary plays a…
