This paper was replaced by CEFAGE-UE Working Paper 2009/13.

This work aims at studying regional wage differentials both in a static and in a dynamic perspective. Previous studies have typically studied this issue using the Blinder and Oaxaca static decomposition. This approach does not provide clear information about the sources explaining the change in...

Water being essential to human survival, a political economy directed to satisfying human basic needs, should be especially concerned with the issue of water availability and distribution. Why is there such inequality in its distribution? This inequality represents a serious violation of a human...

Os criterios de avaliacao sao declaradamente importantes para o desempenho escolar dos alunos. Apesar da diversidade dos criterios de avaliacao pelos quais os alunos, habitualmente, passam ao longo da sua formacao escolar, nao sao, geralmente, analisadas as diferencas nos resultados escolares...

Hedonic methods are a prominent approach in the construction of quality-adjusted price indexes. This paper shows that the process of computing such indexes is substantially simplified if arithmetic (geometric) price indexes are computed based on exponential (log-linear) hedonic functions...

Governance has become a central topic among policymakers. There is an international consensus that policymaking is evolving from a traditional top-down government approach towards a system of governing that focuses on engaging the citizens within an area (Cabus, 2003). New forms of governance...

We investigate if vertical separation reduces non-price discrimination and increases welfare. Consider an industry consisting of a vertically integrated firm and an independent retailer, which requires access to the vertically integrated firm's wholesaler services. The wholesaler can degrade the...

This study explores whether security analysts recognize firms’ going-concern problems and report appropriately to investors. We find that analysts signal their anticipation of the publication of a going-concern modified (GCM) audit report in two ways: 1) they downgrade more aggressively stock...

The higher education system in Portugal, in recent decades, experienced profound structural changes, including a substantial increase in the number of higher education institutions, scattered throughout the country, with a growing number of students and teachers. The subject of this study is to...

This study analyses if ownership structure is an important determinant of capital structure decisions, on basis of two sub-samples of family-owned and non-family owned SMEs, sing panel data models. The results suggest that family ownership is an important determinant for: i) the variations of...