Achim Kemmerling

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    If governments want to target the inflation of CEO pay, they should also address pay inequality between managers

If governments want to target the inflation of CEO pay, they should also address pay inequality between managers

A number of governments across the world have sought to regulate the pay of company executives to help reduce inequality. However, as Renira C. Angeles and Achim Kemmerling explain, efforts to control average levels of executive pay often overlook the inequality that exists between managers, firms and sectors.

Since the 1980s, there have been numerous scandals about the excessive growth […]

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    Why the lump of labour fallacy helps explain some countries being more anti-austerity than others

Why the lump of labour fallacy helps explain some countries being more anti-austerity than others

Why do citizens in some countries oppose austerity policies more forcefully than citizens in other states, even when the impact of such policies on living standards is relatively similar? Achim Kemmerling presents a psychological explanation for this variation in opinions across Europe. He argues that countries with a stronger belief in the ‘zero-sum’ nature of labour markets are more […]

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To avoid another Cyprus style crisis, the EU must understand how it helps to create tax havens.

The recent Cyprus crisis has thrown the problems posed by tax havens into sharp relief. But what determines which countries become tax havens? Achim Kemmerling argues that tax havens tend to occur when small countries stand to benefit from aligning their legal framework with that of a larger country. For countries such as Cyprus, EU accession and the adoption of […]

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The allocation of EU structural funding is not only determined by economic and social needs. It is also a political game.

The European Union is set to spend more than 300 billion Euros between 2007 and 2013 on Structural Funds which aim to support the development of poorer regions. However, their allocation is not only determined by need, argues Achim Kemmerling, but also by the ability of countries and regions to lobby for and absorb funding. Between 2007 and 2013 the […]

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