1. Nudging for Recovery: Behavioral Economics and the implementation of the National Recovery and Resilience Plan
- Author:
- Demosthenes Kollias
- Publication Date:
- 10-2021
- Content Type:
- Working Paper
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- With the National Recovery and Resilience Plan, Greece is presented with yet another opportunity to catch up with global trends. At the same time, behavioral economics are being established worldwide as a valuable asset in the policy maker’s toolkit. The paper -mainly focusing on taxation, labor market policy, and climate change- aims to examine the behavioral conundrum that creates frictions and inefficiency in the domains outlined above and to offer concrete and quantifiable policy proposals, in accordance with the goals of Greece 2.0. Regarding tax evasion, for example, one can estimate at least €1 billion in additional tax revenue if the proposals are implemented.
- Topic:
- Climate Change, Economics, Tax Systems, Labor Market, and Economic Recovery
- Political Geography:
- Europe and Greece