The research at ESOP is focused around four main areas:
Income, Employment and Welfare
An individual’s living standard is not only determined by his or her income; other factors such as property rights and private and public welfare schemes play an important role.
Why is income unevenly distributed?
Are there systematic variations in salaries between men and women and between people of different ethnicities, and, if so, how significant are they?
What is the importance of labour unions and employers’ organisations for wages?
What causes unemployment? How does sick-pay schemes influence sick leave?
Will changes in pension legislation lead people to postpone retirement?
Resources, Energy and Environment
Our utilization of natural resources contributes to prosperity, but also to environmental degradation – which is a threat to future prosperity.
What are the costs associated with a reduction in emission of greenhouse gases?
Should emissions be subject to penalties or should they be banned?
What encourages the development of new, environmentally friendly forms of energy?
Should we produce as much oil as possible now or should we leave more for future generations?
Will the price of oil and gas increase in the future or will it decrease?
How do we make people save energy?