Recherche avancée

Augustin Tapsoba

vol. 160, n° 102975, janvier 2023

The fear of exposure to conflict events often triggers changes in the behavior of eco-nomic agents even before/without any manifestation of violence in a given area. It gen-erates a treatment status (exposure to the adverse e˙ects of conflict) that goes beyond violence incidence. This paper...

Matthias Efing, Harald Hau, Patrick kampkötter et Jean-Charles Rochet

vol. 36, n° 1, janvier 2023, p. 235–280

We argue that risk sharing motivates the bankwide structure of bonus pay. In the presence of financial frictions that make external financing costly, the optimal contract between shareholders and employees involves some degree of risk sharing whereby bonus pay partially absorbs negative earnings...

Christian Gouriéroux et Joann Jasiak

vol. 232, n° 1, janvier 2023, p. 35–51

A major difficulty in the analysis of Covid-19 transmission is that many infected individuals are asymptomatic. For this reason, the total counts of infected individuals and of recovered immunized individuals are unknown, especially during the early phase of the epidemic. In this paper, we consider...

Bruno Conte, Lavinia Piemontese et Augustin Tapsoba

vol. 87, n° 102712, janvier 2023

This paper investigates the consequences of the 2004 locust plague in Mali. We argue that in agricultural economies with a single harvest per year, this type of shock can affect households through two channels: first, a speculative/anticipatory effect that kicks in during the growing season,...

Aksel Erbahar et Vincent Rebeyrol

vol. 140, n° 103693, janvier 2023

This paper shows that manufacturing exporters export goods that they have not produced and thus also act as trade intermediaries. The geographical dimension of the data reveals that almost half of these exports of “sourced” products are purely intermediated: to many destinations, firms export...

Alexandre de Cornière et Miklos Sarvary

vol. 69, n° 1, janvier 2023

The growing influence of internet platforms acting as content aggregators is one of the most important challenges facing the media industry. We develop a simple model to understand the impact of third-party content bundling by a social platform that has a monopoly on showing user-generated content...

Stefan Lamp et Mario Samano

vol. 10, n° 1, janvier 2023

Policies to incentivize the adoption of renewable energy sources usually offer little flexibility to adapt to heterogeneous benefits across locations. We evaluate the geographical misallocation of solar photovoltaic installations and their relation with the uniform nature of subsidies. We estimate...

Thomas S. Kraft, Daniel Cummings, Vivek Venkataraman, Sarah Alami, Bret A. Beheim, Paul L. Hooper, Edmond Seabright, Benjamin C. Trumble, Jonathan Stieglitz, Hillard Kaplan, Karen L. Endicott, Kirk M. Endicott et Michael Gurven

vol. 378, n° 1868, janvier 2023

Cooperation in food acquisition is a hallmark of the human species. Given that costs and benefits of cooperation vary among production regimes and work activities, the transition from hunting-and-gathering to agriculture is likely to have reshaped the structure of cooperative subsistence networks....

Marc Ivaldi, Ambre Nicolle, Frank Verboven et Jiekai Zhang

vol. 48, janvier 2023, p. 43–94

Do new digital consumption channels of music depress sales in old physical ones, or are they complementary? To answer this question, we exploit product-level variation in sales and prices of over 4 million products, observed weekly between 2014 and 2017 for the entire French market. A unique...

Gabriel Ulyssea, Matteo Bobba et Lucie Gadenne

vol. 6, n° 1, janvier 2023

Most low- and middle-income countries are characterised by a large informal sector, which implies that a substantial fraction of economic activity in these countries is completely unregulated. This has important implications for the behaviour of firms, workers, families, and consumers, with these...