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Tim Lee, and Ananth Seshadri
vol. 128, n. 612, July 2018, pp. 114–151
We employ equality of opportunity (EOP) definitions that have appeared in the philosophical literature on distributive justice to a quantitative economic model that incorporates human capital investment and luck, within and across generations. The model is calibrated to the U.S. in 1990, and we...
Vishal Kamat, and Ivan Canay
vol. 85, n. 3, July 2018, pp. 1577–1608
Arnaud Reynaud, Manh-Hung Nguyen, and Cécile Aubert
vol. 20, n. 3, July 2018, pp. 593–617
Vietnam is one of the countries most affected by floods. Despite high exposure to this risk and repeated calls from international organizations, the penetration rate of flood insurance remains surprisingly low in Vietnam. We investigate if there is a demand for flood insurance by Vietnamese...
Christian Gollier, and Miles S. Kimball
vol. 85, n. 2, June 2018, pp. 397–430
Mohamed Saleh
vol. 78, n. 2, June 2018, pp. 394–434
Bruno Jullien, Jérôme Pouyet, and Wilfried Sand-Zantman
vol. 69, June 2018, pp. 985–1007
Fabien Gensbittel, and Catherine Rainer
vol. 8, n. 2, June 2018, pp. 280–314
Stéphane Gregoir, and Tristan-Pierre Maury
n. 130, June 2018, pp. 133–166
Social renters are known to have lower residential mobility rates and to experience lower supply rates of job opportunities than other tenants. This may have negative and lasting consequences on the labour market. We test whether social housing could be contribute to the dynamics of unemployment....
Thierry Magnac, Nicolas Pistolesi, and Sébastien Roux
vol. 126, n. 3, June 2018, pp. 1219–1249
We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future. We...
Marc Bourreau, and Bruno Jullien
vol. 167, June 2018, pp. 136–141
In this paper, we study the impact of a merger to monopoly on prices and investments. Two single-product firms compete in prices and coverage for a new technology. In equilibrium, one firm covers a larger territory than its competitor with the new technology, leading to singleproduct and multi-...