This work investigates the relationship between debt maturity and the characteristics of ownership in a sample of 700 UK non-financial listed firms for the period 1991-2001. The reported results suggest that there is a significant U-shaped relationship between short-term debt and managerial...

There is a persistent association between health and portfolio choice, but hardly anything is known about the underlying sources of heterogeneity: what makes healthier individuals hold more risky assets? This paper uses rich Dutch longitudinal data to take into account and explain unobserved...

This paper explores reporting bias and heterogeneity in the measure of self-assessed health (SAH) used in the British Household Panel Survey (BHPS). The ninth wave of the BHPS includes the SF-36 general health questionnaire, which incorporates a different wording to the self-assessed health...

This paper investigates the persistence in health limitations for individuals within the member states of the European Union. We use the full 8 waves of data available in the European Community Household Panel (ECHP) to explore the relative contributions of state dependence, unobserved...

The nature of the relationship between health and income is still not clearly defined. It is believed that personal income affects health but this may not be the end of the story. Income may also play its part through issues of relativity and deprivation. It may even be possible that these...

Determining the competitive position of dairy farms depends on several technological, economic and institutional variables. Among them, are remarkable those related to animal feeding in the current context of high variability on prices. In this context, the aim of our study is to analyze the...

In this study I use improved data of fiscal decentralization to re-examine the hypothesis that shifts towards more fiscal decentralization would be accompanied by improvements in population health on a panel of 19 OECD countries. The advantage of the new measure of decentralization is that it...

When a treatment in difference in differences (DD) is applied to a group of individuals with a time-constant qualifiÂ…cation/eligibility such as gender or race, there is no issue of choosing to be (un-)treated. But if the qualiÂ…fication is time-varying, then the individuals may alter...

We analyse the determinants of off-farm labour participation of farmers. For estimation, we use different dynamic models, accounting for both heterogeneity and state dependence, as well as for the initial conditions. Our results suggest that, when keeping into account all these features, the...

This paper provides a quantitative assessment of the effects of input and output prices on French GHG emissions from agriculture, forestry and other land use (AFOLU) at the NUTS2 level. Reduced-form, random-effect spatial error models are estimated for four emissions categories (nitrogen use,...