In this paper we suggest a simple decomposition of the correlation coefficient of education to account for the different intergenerational mobility of subgroups of the population, which is of key importance from a policy perspective.

In this paper we study the role of parental risk aversion on children's educational choices. In a country like Italy where parental support is the main source of funds supporting college enrollment, we show that parents' risk aversion (elicited by surveys on lottery tolerance) has a significant...

The research question addressed by this paper is a simple one: are European consumers happy with the price they pay for electricity supply services after two decades of reforms? We focus on self-assessed consumers' satisfaction as reported in three waves of the Eurobarometer surveys,...

In recent decades, market-opening policies in local public transport (LPT) have impacted most European countries. However, we can observe a high degree of variability in possible LPT arrangements, from public monopolies to open markets. This work addresses the following research question: How...

This paper studies the impact of corporate ownership on residential net-of-tax electricity prices, when the ownership effect is separated from the liberalisation effect and from other drivers of change. After a discussion of a simple conceptual model, and of earlier literature, we use IEA and...