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Alexander Hijzen, Mateo Montenegro et Ana Sofia Pessoa
vol. 98, n° 102826, février 2026
This paper provides an assessment of the 2019 minimum-wage hike in Spain, which increased the minimum wage by 22 % and directly concerned 7 % of dependent employees. We make use of two complementary approaches, one that follows incumbent workers over time and hence does not take account of any...
Daniel Kim et Sébastien Pouget
vol. 97, n° 102932, février 2026
We empirically study whether carbon emissions affect firms’ cost of capital raised on conventional bond markets. We find that firms with higher carbon emissions face higher spreads in the secondary market but not in the primary market. We show that this gap is related to uncertainty about climate...
Victor Chernozhukov, Johannes Hörner, Eliana La Ferrara et Ivän Werning (éds.)
février 2026
Olivier Faugeras
vol. 55, n° 1, février 2026, p. 1–31
Compositional Data (CoDa) is usually viewed as data on the simplex and is studied via a log-ratio analysis, following the classical work of Aitchison (1986). We propose to bring to the fore an alternative view of CoDa as a stick breaking process, an approach which originates from Bayesian...
Andrea Attar, Thomas Mariotti et François Salanié
sous la direction de Victor Chernozhukov, Johannes Hörner, Eliana La Ferrara et Ivän Werning, partie 1, février 2026, p. 3–46
Elliott Ash, Daniel L. Chen et Suresh Naidu
vol. 141, n° 1, février 2026, p. 845–887
Pedro Teles
Toulouse, janvier 2026, Toulouse
Fabian Slonimczyk
Toulouse, janvier 2026
Brett Hollenbeck
Mushegh Harutyunyan ( Imperial College Business School)