In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on earnings…
Behavioral economics has provided striking insights that are contrary to the standard economic framework. Years of experiments, in laboratories as well as in the field, have shown the diversity of human…
Gregariousness is an important aspect of human life with implications also for labour markets. To the best of our knowledge, this paper is the first to examine gregariousness and social interaction at the…
In the last decade, the domestic U.S. airline industry has experienced a substantial consolidation trend. In addition to a number of high level mergers such as American Airlines – Trans World Airlines (2001),…
According to the European Court of Justice, any citizen or business who suffered harm as a result of a breach of the antitrust rules of the European Union (EU) should be able to obtain compensation from the…
Since 2004, the European Commission (EC) has taken a number of steps to develop a legal framework that allows victims of EU antitrust infringements to obtain compensation. In its Green Paper on damages actions…
In this paper, we estimate the effect of subsidies granted by the Flemish government(northern region of Belgium) on R&D spending and R&D employment in recipient firms. As econometric treatment effects studies…
