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Arnaud Reynaud et Aymeric Ricome
vol. 53, 2022, p. 170–186
We identify factors involved in the decision of farmers to use marketing contracts (pool, storage and forward contracts), and we explicitly account for the hedging and price-enhancement components of this decision. Using panel corner solution models (Tobit and double-hurdle) to represent farmers'...
Bastien Bernela et Liliane Bonnal
vol. 73, 2022, p. 695–733
À partir d’enquêtes françaises portant sur six générations entre 1998 et 2013, nous examinons la mobilité des étudiants et des diplômés universitaires, caractérisons l’évolution des trajectoires géographiques et estimons l’effet de la mobilité sur la qualité de l’emploi occupé. Les...
Cécile Aubert et Huihui Ding
vol. 59, 2022, p. 207–249
A reelection-seeking politician makes a policy decision that can reveal her private information on whether her political orientation and capabilities will be a good fit to future circumstances. We study how she may choose inappropriate policies to hide her information, even in the absence of...
Chon Van Le, Tuan Anh Luong, Manh-Hung Nguyen et Viet-Ngu Hoang
décembre 2022
This paper adopts a two-stage stochastic frontier analysis framework to analyse the roles of foreign and domestic capital in the aggregate production of gross domestic product (GDP) and CO2-equivalent emissions across 36 OECD countries from 1990 to 2014. The first stage estimates a quadratic output...
Margaret Gatz, Wendy Mack, Helena Chui, Meng Law, Giuseppe Barisano, Linda Sutherland, James Sutherland et Jonathan Stieglitz
2022
Helmuth Cremer et Jean-Marie Lozachmeur
vol. 84, n° 102642, 2022
This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Frédéric Koessler, Marie Laclau, Jérôme Renault et Tristan Tomala
vol. 17, n° 2, 2022, p. 883–927
We analyze information design games between two designers with opposite preferences and a single agent. Before the agent makes a decision, designers repeatedly disclose public information about persistent state parameters. Disclosure continues until no designer wishes to reveal further information...
Gilles Lafforgue, Jean-Pierre Amigues, Ujjayant Chakravorty et Michel Moreaux
n° 147, 2022, p. 51–78
In order to encourage substitution of fossil fuels by cleaner renewables, regulatory agencies have generally chosen between two types of renewable energy standards. They have either mandated a minimum volume of renewable energy as in the case of ethanol in transport fuels, and for electricity in...
Perrin Lefebvre et David Martimort
vol. 34, n° 3, 2022, p. 357–414
A substantial literature has been devoted to analyzing how legislators delegate regulatory power to a more knowledgeable agency. Yet, much less attention has been paid to understand how this delegation process is shaped by the environment in which this agency operates, and more specifically by the...
Cécile Aubert, Hai-Anh H. Dang et Manh-Hung Nguyen
vol. XXXVII, 2022, p. 43–77
This article studies how wealth and health inequalities have interacted with the Covid-19 epidemic in a way that has reinforced inequalities in income, savings, epidemic risk and even individual preventive behaviors. We present in more detail two articles and their theoretical and empirical results...
