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Mounu Prem
n° 22-141, juin 2022
We study the relationship between political regimes, education, and redistribution, fo-cusing on the 1973 coup that brought Augusto Pinochet to power in Chile. We show that the Pinochet dictatorship’s aims of political control and fiscal conservatism led to a sharp reduction in openings for new...
Jean-Paul Azam
n° 22-1347, juin 2022
This paper shows how careful strategic thinking outperforms hasty ethical judgment to produce peace. It uses a provocation model to explain why the initial Muslim coalition against southern Christians broke up in Sudan and Chad thanks to much vilified pipelines. The need to cooperate was made...
Franziska Funke, Linus Mattauch, Inge van den Bijgaart, Charles Godfray, Cameron Hepburn, David Klenert, Marco Springmann et Nicolas Treich
vol. 16, n° 2, juin 2022, p. 219–240
Livestock is known to contribute significantly to climate change and to negatively impact global nitrogen cycles and biodiversity. However, there has been little research on economically efficient policies for regulating meat production and consumption. In the absence of first-best policy...
Christian Gollier et Sébastien Pouget
vol. 89, juin 2022, p. 997–1023
Socially responsible investors constitute an important force in today’s global financial markets. This paper examines conditions under which socially responsible investors induce companies to behave responsibly. We develop an asset pricing model in which some shareholders are active owners, that is...
Patrick Fève, Alban Moura et Olivier Pierrard
vol. 139, n° 104404, juin 2022
We argue that shocks to traditional and shadow banks were important drivers of the U.S. economy during the Great Recession and the Slow Recovery. This result follows from a DSGE model featuring a heterogeneous banking sector estimated from macroeconomic and financial observables. Our model...
Marc Ivaldi, Emile Quinet et Celia Ruiz Mejia
n° 22-1385, juin 2022
The objective of this paper is to estimate the extent of agglomeration externalities taking into account the direct and indirect impacts of transport exposure on productivity. To do so, we take advantage of a rich data infrastructure that combines very fine georeferenced infra-municipality data on...
Nicolas Astier
15 juin 2022, 14h00–15h00, révision 10 juin 2026
Sai Bravo Megarejo
15 juin 2022, 09h00–10h00, révision 10 juin 2026
Richard Green
15–16 juin 2022, révision 10 juin 2026
Alexis Lebeau