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February 12, 2015
Claude Crampes, and Thomas-Olivier Léautier
February 10, 2015
Frédéric Cherbonnier, and Emmanuel Thibault
February 5, 2015
Jean Jacques Droesbeke, Gilbert Saporta, and Christine Thomas-Agnan
Technip, January 2015
Helmuth Cremer, and Firouz Gahvari
vol. 126, January 2015, pp. 91–95
We show that the celebrated Atkinson and Stiglitz (1976) result on the uniformity of the commodity tax rates when preferences are weakly separable between goods and leisure does not hold when (at least) one of the goods is produced within the household. The result is restored if preferences are...
Christian Gollier
vol. 69, January 2015, pp. 53–61
The aim of this paper is to examine the impact of inequalities and economic convergence on the efficient discount rate when international credit and risk-sharing markets are inefficient. We consider an economy in which initial consumption levels and growth expectations are heterogeneous. In the...
Samuele Centorrino, Elodie Djemaï, Astrid Hopfensitz, Manfred Milinski, and Paul Seabright
vol. 36, n. 1, January 2015, pp. 8–16
We test the hypothesis that smiles perceived as honest serve as a signal that has evolved to induce cooperation in situations requiring mutual trust. Potential trustees (84 participants from Toulouse, France) made two video clips averaging around 15 seconds for viewing by potential senders before...
Helmuth Cremer, Pierre Pestieau, and Kerstin Roeder
vol. 28, n. 1, January 2015, pp. 195–217
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk. Symmetry in education (both spouses receive an equal amount...
January 29, 2015
Augustin Landier, and David Thesmar