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Kene Boun My, and Benjamin Ouvrard
vol. 55, February 2019, pp. 24–48
An experiment is proposed in which the subjects could contribute to a public good which could be thought of as reducing pollution, which was stochastic. A nudge (announcement of the socially optimal contribution) and a tax are implemented to improve the level of contributions. The environmental...
Ingrid Van Keilegom, and Anne Vanhems
vol. 35, n. 1, February 2019, pp. 73–110
We consider a semiparametric transformation model, in which the regression func- tion has an additive nonparametric structure and the transformation of the response is assumed to belong to some parametric family. We suppose that endogeneity is present in the explanatory variables. Using a control...
Patrick Fève, and Alain Guay
vol. 129, n. 618, February 2019, pp. 877–896
This paper investigates the contribution of sentiments shocks to US fluctuations in a Structural VAR setup with long, medium and short run restrictions. Sentiments shocks are identified as shocks orthogonal to fundamentals that accounts for most of the variance of confidence. We assess our...
Henrik Andersson, Elodie Levivier, and Gunnar Lindberg
vol. 123, February 2019, pp. 170–175
Stated preference (SP) methods are often used to elicit an affected population’s preferences for, e.g., increased safety or better environmental quality. SP methods are based on hypothetical market scenarios which have advantages, since decision alternatives are known to the analysis, but also...
Helmuth Cremer, and Kerstin Roeder
vol. 175, February 2019, pp. 71–75
We study the taxation of couples when female wages do not re?ect their true productivity. We show that the expression for the marginal tax rates of the male spouses is the same as in a Mirrleesian world where wages re?ect true productivities. Marginal taxes for the female spouses are reduced...
Matteo Bobba, and Jérémie Gignoux
vol. 33, n. 1, February 2019, pp. 116–139
When potential beneficiaries share their knowledge and attitudes about a policy intervention, their decision to participate and the effectiveness of both the policy and its evaluation may be influenced. This matters most notably in integrated social policies with several components. We examine...
Abdelaati Daouia, Stéphane Girard, and Gilles Stupfler
vol. 25, n. 1, February 2019, pp. 264–309
The class of quantiles lies at the heart of extreme-value theory and is one of the basic tools in risk management. The alternative family of expectiles is based on squared rather than absolute error loss minimization. It has recently been receiving a lot of attention in actuarial science,...
Michael Becher
vol. 31, n. 2, March 1, 2019, pp. 183–208
There is striking variation across parliamentary democracies in the power of prime ministers to employ two prominent procedures to resolve legislative conflict: the vote of confidence and the dissolution of parliament. While previous contributions in comparative politics have investigated each of...
Joao Correia da silva, Bruno Jullien, Yassine Lefouili, and Joana Pinho
vol. 28, n. 1, January 2019, pp. 109–124
This paper discusses the literature on horizontal mergers between multi-sided platforms and argues that the Cournot model can provide useful insights into the welfare effects of such mergers. To illustrate those insights, we develop a simple model in which two-sided platforms offer a homogeneous...
Sylvie Estrela, Eric Libby, Jeremy Van Cleve, Florence Débarre, Maxime Deforet, William Harcombe, Jorge Peña, Sam Brown, and Michael E. Hochberg
vol. 34, n. 1, January 2019, pp. 6–18
Organisms modify their environments in ways that can be beneficial or detrimental not only to themselves but also to others sharing the same environment. Such niche-constructing or niche-destroying activities are often due to the production or consumption of environmental factors, such as resources...
