This article describes the sale and optimal regulation of a sequence of public utilities, where monitoring of regulatory compliance is costly. The government is concerned with the revenue raised by successive privatizations as well as the standard objective of efficiency in production. The costs...

I argue that the offsetting effect of public pension contributions on household retirement saving depends on how closely the public pension programme imitates a private retirement saving plan (i.e. the ‘actuarial’ content of the public pension programme)–the closer the design...

This examination of establishment-level data from the Workplace Industrial Relations Surveys of 1980, 1984, and 1990 shows that the proportion of British establishments (that is, workplaces in both the private and public sector) that recognized unions for collective bargaining over pay and...