Bank executive pay: Compensation design can help reduce excessive risk-taking
Bankers may benefit from the upside of risk-taking through bonuses, while taxpayers may ultimately bear the costs when things go badly wrong. After the Global
The hidden unfairness in your tax system and how to fix it
In many developing countries, two people can earn the same income and pay very different amounts of tax — not because of different rates, but
Winners and losers from the energy crisis: Policy lessons from the Iberian electricity market
Europe’s recent energy crisis generated large windfall rents for electricity producers. Yet, most EU governments responded with costly downstream measures that left wholesale prices –
