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Erica Doro, and Vincent Réquillart
vol. 101, 2020, pp. 117–146
François Destandau, Serge Garcia, Alban Thomas, and Sophie Thoyer
D. Leenhart, O. Voltz, and M. Barreteau (eds.), chapter 14, 2020, pp. 199–213
Sumru Altug, Fabrice Collard, Cem Cakmakli, Sujoy Mukerji, and Han Ozsöylev
vol. 38, 2020, pp. 220–237
In this paper, we examine the cyclical dynamics of a Real Business Cycle model with ambiguity averse consumers and investment irreversibility using the smooth ambiguity model of Klibanoff et al. (2005, 2009). Ambiguity of belief about the productivity process arises as agents do not know the...
Cécile Détang-Dessendre, Hervé Guyomard, Vincent Réquillart, and Louis-Georges Soler
Hervé Guyomard, and Cécile Détang-Dessendre (eds.), 2020
Hervé Guyomard, Zohra Bouamra-Mechemache, Vincent Chatellier, Luc Delaby, Cécile Détang-Dessendre, P. Faverdin, Jean-Louis Peyraud, and Vincent Réquillart
Emmanuelle Lavaine, Philippe Majerus, and Nicolas Treich
vol. 101, December 2020, p. 517–528
In this paper, we discuss the health impact of animal agriculture through air pollution. While this impact is potentially considerable, we argue that it has been largely overlooked by regulators as well as by researchers, and in particular by economists. We discuss the methods, results, limitations...
Boris Van Leeuwen, Paul Smeets, Jeanne Bovet, Gideon Nave, Jonathan Stieglitz, and Andrew Whitehouse
vol. 287, n. 1941, December 2020
Economic preferences may be shaped by exposure to sex hormones around birth. Prior studies of economic preferences and numerous other phenotypic characteristics use digit ratios (2D : 4D), a purported proxy for prenatal testosterone exposure, whose validity has recently been questioned. We use...
Jérôme Bolte, and Edouard Pauwels
Hugo Larochelle, M. Ranzato, R. Hadsell, M.F. Balcan, and H. Lin (eds.), vol. 33, 2020
Automatic differentiation, as implemented today, does not have a simple mathematical model adapted to the needs of modern machine learning. In this work we articulate the relationships between differentiation of programs as implemented in practice, and differentiation of nonsmooth functions. To...
Christian Gollier
vol. 138, December 2020, pp. 89–104
Comme le montre le mouvement des gilets jaunes, beaucoup de concitoyens pensent que le changement climatique est grave, mais ne sont pas prêts à contribuer à l'effort collectif pour le prévenir. Les entreprises et le monde de la finance peuvent-ils se substituer à ce somnambulisme des citoyens et...
George-Marios Angeletos, Fabrice Collard, and Harris Dellas
vol. 10, 2020, pp. 3030–70
We propose a new strategy for dissecting the macroeconomic time series, provide a template for the propagation mechanism that best describes the observed business cycles, and use its properties to appraise models of both the parsimonious and the medium-scale variety. Our findings support the...
