We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from downside risk. The paper develops a model where workers in financial sector firms make decisions about effort and risktaking which are influenced by the structure of bonus pay....

Communications consumers in the UK do not switch provider enough, and when they do they sometimes do so irrationally. As the government conducts a welcome review of the landscape of consumer representation in the UK, they should be aware that there is an ongoing, permanent need for consumer...

This report, funded by Plan Urbanisme Construction Architecture (PUCA) and written by Dr Bert Provan and Celine Kuklowsky of LSE Housing and Communities, explores French weak market cities. It demonstrates that French cities offer models of density, imposing city infrastructure projects,...

Using the latest statistical data from six GCC states and recent publications of the GCC Secretariat, a detailed profile is presented of immigration and employment across the region. Evaluation is made of the available data sources (listed in the appendix) and the actual extent of immigrant...

This CASEbrief reports on the findings of recent research examining the employment pathways followed by mothers entering low-skilled work. The project was originally framed under a Labour Government which placed considerable emphasis on encouraging women back into work when their children were...

This paper considers the key problems confronting the Pakistan Planning Commission, briefly examines the essentials of planning for a mixed economy, draws lessons from the experience of countries, both developed and developing, that have formulated and implemented successful plans, and suggests...

Are 'modern societies' necessarily democratic societies and capitalist (or: market) societies? This is what most of the social sciences of the post-Second World War period have assumed, while only some strands of critical, often Marx-inspired approaches contested this connection. This essay...

The goal of the present paper is to test the hypothesis that risk has an impact on inequality. Many studies investigating the behaviour of farmers under risk have concluded that poorer farmers tend to reduce their risk by reducing proportionally more their expected gross margin than the...