One of the subjects that has focused the empirical work of many educational economists has been the public funding of privately run schools. In this paper we use a quasiexperimental approach in order to evaluate the effect of attending a Spanish publicly subsidised private school on some of the...

Daily financial market returns (as log difference in closing prices) may be quite sensitive to operation with low trading volumes and big changes in prices frequently traded at market closing times. This paper proposes a more robust estimation of market returns by providing a new indicator that...

We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in...