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Tiziana Assenza, P. Colzani, D. Delli Gatti, and J. Grazzini
vol. 27, n. 6, 2018, pp. 1069–1090
Karine Van Der Straeten, Romain Lachat, and Jean-François Laslier
John Aldrich, André Blais, and Laura Stephenson (eds.), 2018
Emmanuelle Auriol, and Alexia Lee Gonzalez
2018
Catherine Cazals, Thierry Magnac, and Soterios Soteri
Timothy J. Brennan, Victor Glass, and Pier Luigi Parcu (eds.), 2018
Letter volumes in countries with advanced broadband networks have been in decline since the early to mid-2000s while, more recently, parcel volumes have started to grow quite rapidly. The main drivers of these trends, namely the substitution of physical letters with electronic modes of...
Patrick Fève, Alban Moura, and Olivier Pierrard
vol. 172, November 2018, pp. 12–15
We solve a version of the analytical Real Business Cycle (RBC) model with a predetermined rate of return on household saving. The solution differs from that of the benchmark RBC model along two dimensions: (i) Policy functions depend on the variance of the technology shock. (ii) There is a...
Paula Margaretic, and Sébastien Pouget
vol. 58, November 2018, pp. 340–355
This paper studies the impact of a country's extra-financial performance on its sovereign bond spreads. Sovereign bond spreads reflect both an economic default risk and a strategic default risk. We hypothesize that a country's extra-financial performance reduces default risk by signalling good...
Jeanne Bovet, Eva Raiber, Weiwei Ren, Charlotte Wang, and Paul Seabright
vol. 109, n. 4, November 2018, pp. 674–693
Renato Gomes, and Jean Tirole
vol. 133, n. 4, November 2018, pp. 2097–2169
Firms often sell a basic good as well as ancillary ones. Hold-up concerns have led to ancillary good regulations such as transparency and price caps. The hold-up narrative, however, runs counter to evidence in many retail settings where ancillary good prices are set below cost (e.g. free shipping,...
Jorge Peña, and Georg Nöldeke
vol. 457, November 2018, pp. 211–220
How the size of social groups affects the evolution of cooperative behaviors is a classic question in evolutionary biology. Here we investigate group size effects in the evolutionary dynamics of games in which individuals choose whether to cooperate or defect and payoffs do not depend directly on...
Emmanuelle Auriol, Giulia Camilotti, and Jean-Philippe Platteau
Siwan Anderson, Lori Beaman, and Jean-Philippe Platteau (eds.), chapter 15, November 2018