This paper is concerned with the empirical modeling of domestic demand for energy in the United Kingdom at the level of the individual household. A two-stage budgeting model of household demand for energy conditional on durable ownership is developed. At the first stage, income is allocated...

Recent discussion of convergence in the European Union has focused on macroeconomic indicators, in line with requirements for participation in the single currency. But it is reduction of disparities in living standards that is an ultimate goal of European integration--the greater "economic and...

Economic theory suggests that unemployment could affect human capital investment decisions in either direction. The authors use microdata on sixteen year-olds from the U.K. Family Expenditure Survey to examine the effects of household circumstances and regional unemployment rates on early school...