A new perspective on life satisfaction and well-being over the life courseWhat makes people happy? The Origins of Happiness seeks to revolutionize how we think about human priorities and to promote public policy changes that are based on what really matters to people. Drawing on a range of...

The authors consider an economy in which all firms are unionized and bargain with their own union. If unions bargain over employment as well as wages, employment will be the same as if they bargain over wages only, provided that the production function is Cobb-Douglas. (Employment will be higher...

Welfare-to-work is on trial in many countries. In Britain it has become the government’s most important policy for lowering unemployment and expanding labour supply. But can it work? And what lessons does Britain’s experience provide for other countries? This paper argues that...