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J. Simoes, D. Moran, S. Edwards, Céline Bonnet, A. Lopez-Sebastian et P. Chemineau
vol. 15, n° 1, décembre 2021
F.S. Fall, H. Tchakoute Tchuigoua, Anne Vanhems et Léopold Simar
vol. 295, n° 2, décembre 2021, p. 744–757
The main objective of this study is to assess the impact of gender on microfinance social efficiency. Our methodology is based on nonparametric techniques to estimate the gender effect. We use a conditional directional free disposal hull (FDH) approach as well as its robust version of order-; we...
Laurent Miclo et Stéphane Villeneuve
vol. 58, n° 4, 2021, p. 1043–1063
We revisit the forward algorithm, developed by Irle, to characterize both the value function and the stopping set for a large class of optimal stopping problems on continuous-time Markov chains. Our objective is to renew interest in this constructive method by showing its usefulness in solving some...
Jean-Pierre Florens et Anna Simoni
vol. 39, n° 2, 2021, p. 482–492
Stéphane Girard, Gilles Stupfler et Antoine Usseglio-Carleve
vol. 49, n° 6, décembre 2021, p. 3358–3382
Expectiles define a least squares analogue of quantiles. They have been the focus of a substantial quantity of research in the context of actuarial and financial risk assessment over the last decade. The behaviour and estimation of unconditional extreme expectiles using independent and identically...
Rob Bauer (Maastricht University)
TSE, Toulouse, 2021
We explore whether beneficiaries of pension plans should have a voice in the fund’s sustainable investments. We hypothesize that the answer to this question depends on a fund’s legal and societal contexts, benchmarking pressure, and fund-specific factors such as the fund’s size and the board’s...
Dirk Bergemann, Alessandro Bonatti, Andreas Haupt et Alex Smolin
2021, p. 41–58
Manh-Hung Nguyen, Dung P. Le et Thang T. Vo
2021
This article investigates the impact of flood risk on vulnerability and welfare at the household level in Vietnam. The analytical sample is taken from a household survey conducted in a north central Vietnam community through a three-stage stratified random sampling method. The propensity score...
Stephan Seiler (Imperial College London)
Online, 2021
Claude Crampes et Thomas-Olivier Léautier
n° 1-2021 : « Law & Economics | Concurrences », 2021, p. 66–74
Les certificats négociables sont un bon outil de promotion des activités économiques quand celles-ci permettent d’améliorer le surplus social. Les certificats blancs, parce qu’ils encouragent les activités destinées à réduire la consommation d’énergie et parce que ces activités sont des ‘biens de...
