This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries are analysed and presented through a...

The World Bank documents an inverse relationship between GDP per capita and child labor participation rates. We construct a life-cycle model with human and physical capital in which parents make a time allocation choice for their child. The model considers two features that have shown potential...

The World Bank documents an inverse relationship between GDP per capita and child labor participation rates. We construct a life-cycle model with human and physical capital in which parents make a time allocation choice for their child. The model considers two features that have shown potential...

The authors study the capital accumulation and welfare implications of ceilings on loan interest rates in a dynamic general equilibrium model. Binding ceilings on loan rates reduce the probability of bankruptcy. Lower bankruptcy rates result in lower bankruptcy and liquidation costs. The authors...

The results of the study, based on survey-based statistical analysis as well as on modelling of farm behaviour, can be summarised in four main outcomes. Similar to the results of the first Investment study carried out in 2006 and published in 2008 (Gallerani et. al.), in the context of the...

Objective of this study is to carry out an analysis of investment behaviour among farming systems of selected EU regions, and to assess the impact of the 2003 CAP reform on producers' investment behaviour, and on their sustainability. The study includes a review of the literature, a description...