We develop a biologically correct cost system for production systems facing invasive pests that allows the estimation of population dynamics without a priori knowledge of their true values. We apply that model to a data set for olive producers in Crete and derive from it predictions about the...

We use data from the 2008-09 Athens Area Study (AAS) to provide the first evidence on the relationship between sexual orientation and earnings in Greece. The AAS asks male adults a direct question about their sexual orientation: about 4.52% self-identify as homosexuals and 0.86% as bisexuals....

Our analysis is based on the 2008 Athens Area Study and exploits detailed information regarding health impairments and labor market outcomes for Greek males. Distinguishing between healthy and heath-impaired employees who have or do not have work limitations, the unobserved productivity effect...

This study relies on a field experiment to provide the first evidence on the relationship between women being lesbian and their hiring prospects in Greece. The data analyzed supports the findings of previous experiments, indicating that lesbians face hiring discrimination. The estimated...

Many low skilled jobs have been substituted away for machines in Europe, or eliminated, much more so than in the US, while technological progress at the “top”, i.e. at the high-tech sector, is faster in the US than in Europe. This paper suggests that the main difference between Europe and...

We analyze the components of the bid-ask spread in the Athens Stock Exchange (ASE), which was recently characterized as a developed market. For large and medium capitalization stocks, we estimate the adverse selection and the order handling component of the spreads as well as the probability of...

By means of a real-life experiment we investigated employment discrimination against low skilled gay men in the Greek private labour market three years after the national adoption of the European anti-discrimination employment legislation. As it first regards occupational access, curriculum...

This paper adapts Turing analysis and applies it to dynamic bioeconomic problems where the inter- action of coupled economic and ecological dynamics over space endogenously creates (or destroys) spatial heterogeneity. It also extends Turing analysis to standard recursive optimal control frame-...

This short paper demonstrates the effects of using missing data on the power of the well-known Hausman (1978) test for simultaneity in structural econometric models. This test is a reliable test and is widely used for testing simultaneity in linear and nonlinear structural models. Using Monte...

This paper uses cointegration and common trends techniques to investigate empirically the expectations hypothesis of the term structure of interest rates among the original 15 EU countries. By decomposing each term structure into its transitory and permanent components, we also examine whether...