In the recent years, the importance of one's group of peers-be that friends, colleagues, neighbors- has been widely emphasized in the literature. In this paper, we ask whether individuals derive utility from conformity in college enrollment and academic mobility. We propose a new methodology in...

Economic conditions may affect educational choices. In this paper we investigate the impact of the recent financial crisis in Greece on college applications. In particular, we ask how the financial turmoil has reshaped the demand for particular college majors. The paper uses a...

We examine how changes in the unemployment rate affect demand for college education, demand for different fields of university study and degrees' admission thresholds. We use panel data for applications submitted to the universe of undergraduate programs in Greece that span seven rounds of...

We use a natural experiment that relaxed class attendance requirements for one school year to explore students' marginal propensity to skip class, and to examine the effects of their absences on scholastic outcomes. We exploit exogenous variation resulting from a one-time policy Greece...

All major asset classes including stocks and bonds have a well developed derivative market. Derivatives enable counterparties to reflect a view on a particular market, without having to trade the underlying asset. This seems to be a particularly appealing feature for real estate, an industry...

Congestion charging in London was introduced in February 2003 to reduce traffic levels in the centre of London. Postcode sector level property prices for sectors both inside and outside the zone are investigated under the premise that the benefits of transport innovation can be captured by...

Notwithstanding the ambiguous research and productivity promoting effects of plant varietyprotections (PVPs), even in developed countries, many developing countries have adoptedPVPs in the past few years to comply with their Trade-Related Aspects of IntellectualProperty Rights (TRIPS)...

Notwithstanding the ambiguous research and productivity promoting effects of plant variety protections (PVPs), even in developed countries, many developing countries have adopted PVPs in the past few years to comply with their Trade-Related Aspects of Intellectual Property Rights (TRIPS)...