This Report is about Reforming pensions in China, Chile and elsewhere.

This bold, imaginative book advances an entirely new theory of voters’ behavior.The starting point for this theory is that individuals are endowed with a set of beliefs, ora worldview, and derive psychological benefits from acting in accordance with these beliefs.However, the beliefs of most...

Central bank policymakers are not primarilyrandom number generators.1 Reading boththe financial press and the work of academics,however, one might get the opposite impression.Reporters (and the readers of their stories) seem toattach considerable importance to each Federal OpenMarket Committee...

As far as reforms in the public sector in general and in government enterprises in particular are concerned, Switzerland is hardly in the vanguard of the OECD's most active countries. The reasons for this can be summarised as follows:(...)

Vorliegendes Arbeitspapier beschäftgt sich mit dem Reformprozess in der deutschen und europäischen Erdgaswirtschaft.

In vorliegendem Bericht wird zu den entscheidenen Aspekten der Bahnreform Stellung bezogen.

... This paper discusses solutions to important incentive problems in micro-health insurance schemes which threaten their sustainability. In particular, three issues explored are : (i) if defining household as unit of insurance always mitigates adverse selection problem; (ii) how ex ante moral...