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Manh-Hung Nguyen
vol. Chapter 3, 2021
vol. Chaper 5, 2021
Ulrich Hege (Toulouse School of Economics)
TSE, Toulouse, 2021
fter a brief analysis of current market-based carbon policies, their advances and shortcomings, this talk will discuss how companies should respond to the challenge, in particular motives to adopt voluntary policies beyond regulatory minima, disclosure about carbon, the adoption and use of an...
Fériel Boulfani, Xavier Gendre, Anne Ruiz-Gazen et Martina Salvignol
n° 21-1274, décembre 2021
The sizing of aircraft electrical generators mainly depends on the electrical loads installed in the aircraft. Currently, the generator capacity is estimated by summing the critical loads, but this method tends to overestimate the genera-tor capacity. A new method to challenge this approach is to...
Uday Rajan (University of Michigan)
We study the impact of FinTech competition in payment services when a bank uses payment data to learn about consumers' credit quality. Competition from FinTech payment providers disrupts this information spillover. The bank's price for payment services and its loan oers are aected. FinTech...
Jean-Pierre Florens et Anna Simoni
vol. 39, n° 2, 2021, p. 482–492
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...
Jieying Hong et Sébastien Pouget
n° 21-1283, décembre 2021
This paper studies the role of preopening periods in liquidity formation and welfare in financial markets. Because no transaction occurs during these preopening periods, their economic significance could be questioned. We model a market where costly participation and asymmetric information prevent...
Olivier De Groote et Koen Declercq
vol. 36, n° 7, 2021, p. 898–916
We analyze the impact of choosing an elite school on high school graduation in an early tracking system in Flanders (Belgium). Whereas elite schools offer only an academic track, most other schools offer multiple tracks. On average, students experience a 3.3 percentage point increase in the...
David Martimort, Jérôme Pouyet et Thomas Tregouet
vol. 79, n° 102791, décembre 2021
An incumbent seller contracts with a buyer under the threat of entry. The contract stipulates a price and a penalty for breach if the buyer later switches to the entrant. Sellers are heterogenous in terms of the gross surplus they provide to the buyer. The buyer is privately informed on her...
