The “Golden Age” of post-war European economic growth has witnessedextraordinary changes not only in the economic, but also in the social andcultural outlook of Western European societies. Eric Hobsbawm’s statementthat “[h]istorians of the twentieth century in the third millennium will...

In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey andfind that, of three different types of risks that we...

The debate on the Welfare State is mainly focused on a supposed trade-off between growthand equity, more precisely, on the sustainability of social programmes and their effects on individualincentives to work and save. In this paper we focus on the relation between Welfare State andaggregate...

Wenn von Reformen der Gesellschaft oder demUmbau des Wohlfahrtsstaates die Rede ist, sindwirtschaftliche Zusammenhänge und soziale Veränderungsprozessenicht die alleinigen Faktoren,die in politischen Maßnahmen zu berücksichtigensind. Die Vorstellungen über die ideale Gesellschaft,die...

This paper provides a framework with which to model one of the key links between universities andindustry – the undertaking of applied research. We assume that the fundamental objective of universities isto undertake fundamental research and that they receive public funding to do so....

We document changes in the structure of earnings during the economic transition in Poland. We find that inequality in labor earnings increased substantially from 1988 to 1996. A common view is that the reallocation of workers from a public sector with a compressed wage distribution, to a private...