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Manvir Singh et Luke Glowacki
vol. 43, septembre 2022, p. 418–431
Many researchers assume that until 10–12,000 years ago, humans lived in small, mobile, relatively egalitarian bands. This “nomadic-egalitarian model” suffuses the social sciences. It informs evolutionary explanations of behavior and our understanding of how contemporary societies differ from those...
Marc Ivaldi et Jiekai Zhang
vol. 70, n° 3, septembre 2022, p. 591–630
This paper contributes to the analysis of mergers in two-sided markets, notably those in which a platform provides its service for free on one side but obtains all its revenues from the other, as in the digital TV industry. Specifically, we assess a decision of the French competition authority...
Takuro Yamashita et Takeshi Murooka
septembre 2022
We consider an adverse selection environment between an informed seller and an uninformed buyer, where no trade occurs when all buyers are the standard Bayesian-rational type. The buyer may be a “behavioral” type in that he may take actions different from the rational type. We show that, for any...
Bertrand Achou, Philippe De Donder, Franca Glenzer et Minjoon Lee
vol. 201, septembre 2022, p. 1–21
COVID-19 outbreaks at nursing homes during the recent pandemic have received ample media coverage and may have lasting negative impacts on individuals’ perception of nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. Our...
Hai-Anh H. Dang, Manh-Hung Nguyen et Toan L.D. Huynh
n° 22-1372, septembre 2022
The COVID-19 pandemic has wrought havocs on economies around the world. Yet, much needs to be learnt on the distributional impacts of the pandemic. We contribute new theoretical and empirical evidence on the distributional impacts of the pandemic on different income groups in a multi-country...
Emmanuelle Auriol, Sara Biancini et Rodrigo Paillacar
n° 22-1354, septembre 2022
The paper proposes an empirical analysis of the determinants of the adoption of Intellectual Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First we show that IPR protection is U-shaped with respect to a...
Massimo Motta et Antonio Penta
n° 22-1370, septembre 2022
We investigate the market effects of brand search advertising, within a model where two firms simultaneously choose the price of their (differentiated) product and the bids for the advertising auction which is triggered by own and rival’s brand keywords search; and where there exist sophisticated/...
Anaïs Fabre
n° 22-1362, septembre 2022, révision juillet 2025
This paper studies the Two-Way Fixed Effects (TWFE) estimator in a general setting where multiple groups can enter and exit a binary treatment over time. It establishes necessary and sufficient conditions for this estimator to correspond to a convex combination of Average Treatment Effects (ATEs)....
Stefan Ambec
n° 22-1365, septembre 2022
This report uses an economic lens to analyze the Carbon Border Adjustment Mechanism (CBAM) which is currently under discussion at the European Union (EU). The CBAM, which is set to replace free allowances for specific ETS sectors after a transition period, aims to address carbon leakage and...
Peiyao Ma, Andrea Mantovani, Carlo Reggiani, Annette Broocks et Nestor Duch-Brown
n° 22-1371, septembre 2022
Dominant platforms such as Booking.com and Amazon often impose Price Parity Clauses to prevent sellers from charging lower prices on alternative sales channels. We provide quasi-experimental evidence on the full removal of these price restrictions in France in 2015 for three major international...
