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Edouard Pauwels
vol. 31, n° 3, juin 2023, p. 19
Claude Crampes, Norbert Ladoux et Jean-Marie Lozachmeur
juin 2023, p. 1–18
We analyze a Pareto optimal income tax problem à la Mirrlees (1971) in which households consume three types of goods: energy goods, energy efficient investments and non-energy goods. The two main ingredients of our normative analysis are: i) an indirect relationship between energy and the...
Cuong-Viet Nguyen, Manh-Hung Nguyen et Toan Nguyen
vol. 32, n° 6, juin 2023, p. 1220–1243
We estimate the impact of temperature extremes on mortality in Vietnam, using daily data on temperatures and monthly data on mortality during the 2000-2018 period. We find that both cold and heat waves cause higher mortality, particularly among older people and those living in the hot regions in...
Anaïs Fabre et Stéphane Straub
vol. 61, n° 2, juin 2023, p. 655–715
This paper summarizes what is known about the impact of public–private partnerships (PPPs) in the three sectors where they have been used intensively: infrastructure (energy, transport, water and sanitation, and telecommunications), education, and health. It lays out the main elements of economic...
Laurence Daures-Lescouret et Sophie Moinas
vol. 58, n° 4, juin 2023, p. 1675–1700
How does trading in one venue affect the quoting strategies of market makers in other venues? We develop a two-venue imperfect competition model in which market makers face quadratic costs when absorbing shocks. Nonconstant marginal costs imply that absorbing a shock in one venue simultaneously...
Bertrand Achou, Philippe De Donder, Franca Glenzer, Minjoon Lee et Marie-Louise Leroux
n° 23-1442, juin 2023
Marginal utility of financial resources when needing long-term care, and the related incentives for precautionary savings and insurance, may vary significantly by whether one receives care at home or in a nursing home. In this paper, we develop strategic survey questions to estimate those...
Emmanuelle Auriol, Erling Hjelmeng et Tina Søreide
n° 23-1443, juin 2023, révision 30 août 2023
By combining approaches from the economic theory of crime and of industrial organization, this paper analyzes optimal enforcement for three different forms of corporate misconduct that harm competition. The analysis shows why corporate crime is more harmful in large markets, why governments have a...
Abdelaati Daouia, Gilles Stupfler et Antoine Usseglio-Carleve
n° 23-1444, juin 2023, révision novembre 2023
The expectile is a prime candidate for being a standard risk measure in actuarial and financial contexts, for its ability to recover information about probabilities and typical behavior of extreme values, as well as its excellent axiomatic properties. A series of recent papers has focused on...
Emmanuelle Auriol
juin 2023
Henrik Andersson et Benjamin Ouvrard
vol. 104, n° 102013, juin 2023
Using a discrete choice experiment this study examines whether different types of priming may influence the respondents’ answers when choosing between different policies aimed at reducing the mortality risk due to ambient air pollution. We focus on two types of priming: (i) two versions of an oath...