In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis. A full assessment of distributional effects of consolidation packages would need...

Taxes and transfers reduce inequality in disposable income relative to market income. The effect varies, however, across OECD countries. The redistributive impact of taxes and transfers depends on the size, mix and the progressivity of each component. Some countries with a relatively small tax...

These volumes contain a spread of influential articles on economic issues arising in all aspects of the cultural sector – the performing and creative arts, (including the art market); the heritage (museums and monuments) and the media industries (film, TV, recording etc.). Cultural economics,...

In this three-volume collection Leibfried and Mau have gathered together the most vital articles about the welfare state and its ‘reformation’ written since the mid-1970s. Their choices and organizing principles bring coherence and additional insight to these articles which, together,...

This outstanding text, a follow-up to the authors’ award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to...

The analysis of pensions presents many complex problems. A major aim of this book is to demonstrate how reasonably simple economic models can be designed and used to shed some light on the issues involved in population growth and pension provision. The basic analytics of population growth and...

This three-volume compendium reproduces all the key texts on the welfare state – its rise and fall, its varying rationales and instrumentalities, its different forms in different periods and different places. Political history and social theory are interspersed with sociology and economics,...

Welfare Economics and the Theory of Economic Policy brings together a key selection of Professor Hennipman’s papers – many of which have not been published in English before – which express his profound analysis of the theory of economic policy and his masterful discussion of its...

The practical value of intuitive insights provided by innovative scholars drives much of the current development in applied welfare economics. This authoritative volume – prepared by leading researchers in the field – presents the most important articles that provide a foundation for applied...