The use of non-compete clauses in US employment contracts reduces workers' mobility and wages by more than is justified by the protection of employers' intellectual property and trade secrets.
Occupational licensing reduces mobility and wages for workers in many sectors where they could safely deliver services that consumers would prefer to those offered by licensed workers.
Peter Neary, a member of IGM’s panel of European economic experts, passed away in June 2021 – a sad loss for the whole economic research community. On VoxEU, Patrick Honohan of Trinity College Dublin, a fellow Irishman and member of the European panel, co-authored an appreciation of Peter, whom he and Cormac o’Grada describe as ‘one of the profession’s European leaders, both in terms of the depth and range of his research and his role as a wizard of organizational development’.
Peter Neary, a member of IGM’s panel of European economic experts, passed away in June 2021 – a sad loss for the whole economic research community. On VoxEU, Patrick Honohan of Trinity College Dublin, a fellow Irishman and member of the European panel, co-authored an appreciation of Peter, whom he and Cormac o’Grada describe as ‘one of the profession’s European leaders, both in terms of the depth and range of his research and his role as a wizard of organizational development’.
Leaders of the advanced economies of the G7 recently made what they described as a ‘historic commitment’ on taxation of multinational corporations. We invited both our European and US panels to express their views on some of the issues surrounding the global deal on corporate taxes: the impact of a global minimum rate on investment, profit-shifting and low-tax jurisdictions; whether a stable international tax system that includes a global minimum rate can be achieved; and a potential move from levying taxes based on where firms’ headquarters and production are located to where they make their sales.
Leaders of the advanced economies of the G7 recently made what they described as a ‘historic commitment’ on taxation of multinational corporations. We invited both our European and US panels to express their views on some of the issues surrounding the global deal on corporate taxes: the impact of a global minimum rate on investment, profit-shifting and low-tax jurisdictions; whether a stable international tax system that includes a global minimum rate can be achieved; and a potential move from levying taxes based on where firms’ headquarters and production are located to where they make their sales.
