Many international organisations, including the European Parliament, see reducing food loss and waste as a priority. They argue that this will increase the efficiency of resource use and have beneficial environmental effects. This paper asserts that the scale of the problem has been overstated...

This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households. We show that experienced stock market...

Mortgages constitute the largest part of household debt. An essential choice when taking out a mortgage is between fixed-interest-rate mortgages (FRMs) and adjustable-interest-rate mortgages (ARMs). However, so far, no comprehensive cross-country study has analyzed what determines household...

The Common Agricultural Policy has changed significantly over time. Major changes are now introduced every seven years, with the last fundamental change agreed upon in 2013 for the period 2014-2020. Policymakers also agreed to a mid-term review in order to evaluate the performance of numerous...

The recent announcement of the French Government's decision to support the French agriculture this spring by direct income transfers to the tune of ffr 4.6 bn brings home the fact that some national governments need national autonomy in agricultural policy. Regrettably it seems to foreshadow an...

Much criticism notwithstanding, the essentials of the common agricultural policy have up to now scarcely been changed. What kind of basic changes would have to be introduced for a new agricultural policy to become also politically acceptable? The following article suggests alternatives to the...

Joint decisions each year on agricultural prices by the Council of Ministers of Agriculture are a requisite of the European Community's Common Agricultural Policy. It is however more and more difficult to reach joint decisions on these prices. Divergencies of national aims and economic starting...