Common Agricultural Policy uses a large share of its budget to support and stabilise the income of EU farmers by means of direct payments (DP). This paper assesses how much and how DP reduce the variability of farm income over time. The analysis is developed on a constant sample of 2402 Italian...

This paper provides an ex ante assessment of the effects of the Income Stabilization Tool (IST), a new risk management tool proposed in the Common Agricultural Policy of the European Union. We investigate the effects of IST on income variability and levels as well as on income inequality in the...

This paper analyses the distribution of direct payments (DPs) between farmers within the EU Member States (MS). The paper tries to identify some of the factors that can explain the differences between MS in terms of recent distribution and the evolution over time of the distribution of DPs,...

Farm direct payments (DPs) have been the main instrument of the Common Agricultural Policy (CAP) to support farm income in the EU. After the decoupling of DPs from production levels, the distributional objectives are among the major justifications of DPs. This paper addresses their role in the...

The present paper discusses the stimulated emission, in strong coupling regime, of an atom embedded inside a one dimensional (1D) Photonic Band Gap (PBG) cavity which is pumped by two counter-propagating laser beams. Quantum electrodynamics is applied to model the atom-field interaction, by...