This paper investigates the willingness of households to pay for level (mean score) and egalitarian (deprivation compensating) components of the Contextual Value Added (CVA) indicator of school quality, which is used in England. Semi-parametric and parametric analysis shows that consumers are...

This paper investigates the willingness of households to pay for academic and equality-inducing (deprivation-compensating) components of the Contextual Value Added (CVA) indicator of school quality used in England. Semi-parametric and parametric analysis shows that consumers are willing to pay...

The effects of free of charge state education on income distribution are often studied by allocating government education outlays to households, assuming that these outlays equal the benefit which households attach to state schooling. This paper proposes a demand analysis approach to estimating...

Non-cash incomes from either private or public sources can have substantial effects on the distribution of economic welfare. However, standard approaches to inequality measurement either neglect them or take into account only selected non-monetary items. Using data for Greece in the mid 2000s we...

In this paper we employ the 2009 Family Expenditure Survey conducted by the Statistical Service of Cyprus in order to measure the poverty risk among immigrants in Cyprus. Results show that immigrants face a higher risk and depth of poverty than the native population. Large intra-group variation...

The present paper examines the short-run distributional impact of public education in Greece using the micro-data of the 2004/5 Household Budget Survey. The aggregate distributional impact of public education is found to be progressive although the incidence varies according to the level of...

This paper proposes a labour supply function that allows not only for backward-bending behaviour at high but also for forward-falling behaviour at low wage rates. The proposed model adheres to the fundamentals of consumer theory and encompasses all well-known and widely used semi-log labour...

The European Union's energy and climate policy package will cause an increase in end-user prices of electricity and fuels. This paper assesses the distributional effects of these price increases in Cyprus by specifying and estimating a household energy demand system with price heterogeneity...

We propose a new generalised rank-3 demand system which nests all known (and new) rank-3 and rank-2 demand systems derived from the Quadratic Logarithmic (QL) cost function. We investigate its statistical adequacy against commonly en-countered alternatives using U.K. household data.

. Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In this paper we study the intermediary role of tour operators in the market for package tourism. Policymakers have tried to address information asymmetries in this market by providing...