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Dirk Bergemann, and Johannes Hörner
vol. 10, n. 3, August 2018, pp. 177–218
Helmuth Cremer, and Pierre Pestieau
R. Holzmann, and John Piggott (eds.), August 2018
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do this...
Marion Desquilbet, Elise Maigné, and Sylvette Monier-Dilhan
vol. 150, August 2018, pp. 194–203
In terms of sustainability, the effects of the development of organic farming are subject to debate, particularly regarding the methods used to compare organic and conventional food systems and the consequences of the conventionalization of organic farming. We propose an empirical study centered on...
Bruno Jullien, Markus Reisinger, and Patrick Rey
vol. 169, August 2018, pp. 31–34
This paper analyzes a supplier's incentives to foreclose downstream entry when entrants have stronger positions in different market segments, thus bringing added value as well as competition. We first consider the case where wholesale contracts take the form of linear tariffs, and characterize the...
Jean Tirole, and Guillaume Plantin
vol. 108, n. 8, August 2018, pp. 2246–2276
Laura Grigolon, Mathias Reynaert, and Frank Verboven
vol. 10, n. 3, August 2018, pp. 193–225
To what extent do car buyers undervalue future fuel costs, and what does this imply for tax policy? To address both questions, we show it is crucial to account for consumer mileage heterogeneity. We use product-level data for a panel of European countries and exploit fuel cost variation by engine....
vol. 19, n. 3, August 2018, pp. 351–364
One of the pervasive problems with means-tested public long term care (LTC) programs is their inability to prevent individuals who could afford private long term services from taking advantage of public care. They often manage to elude the means-test net through "strategic impoverishment". We show...
Yinghua He, Antonio Miralles, Marek Pycia, and Jianye Yan
vol. 10, n. 3, August 2018, pp. 272–314
We propose a pseudo-market mechanism for no-monetary-transfer allocation of indivisible objects based on priorities such as those in school choice. Agents are given token money, face priority-specific prices, and buy utility-maximizing random assignments. The mechanism is asymptotically incentive...
Philippe Bontems, and Estelle Gozlan
August 2018
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...
