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Sumru Altug, Fabrice Collard, Cem Cakmakli, Sujoy Mukerji et Han Ozsöylev
n° 20-1107, mai 2020
In this paper, we examine the cyclical dynamics of a Real Business Cycle model with ambiguity averse consumers and investment irreversibility using the smooth ambiguity model of Klibanoff et al. (2005, 2009). Ambiguity of belief about the productivity process arises as agents do not know the...
Christian Gollier
n° 16, mai 2020, p. 98–114
Assuming that there is no other solution than herd immunity in front of the current pandemic, on which categories of citizens should we build this herd immunity? Given the fact that young people face a mortality rate which is at least a thousand times smaller than people aged 70 years and more,...
Hillard Kaplan, Benjamin C. Trumble, Jonathan Stieglitz, Roberta Mendez Mamany, Maguin Gutierrez Cayuba, Leonardina Maito Moye, Sarah Alami, Thomas S. Kraft, Raul Quispe Gutierrez, Adrian Juan Copajira, Randall Thompson, Gregory Thomas, Daniel Eid Rodriguez, David E. Michalik et Michael Gurven
mai 2020
Indigenous communities worldwide share common features that make them especially vulnerable to the complications of and mortality from COVID-19. They also possess resilient attributes that can be leveraged to promote prevention efforts. How can indigenous communities best mitigate potential...
Francesca Barigozzi, Helmuth Cremer et Kerstin Roeder
vol. 176, mai 2020, p. 188–211
This paper studies the design of child-care policies when redistribution matters. Traditional mothers provide some informal child care, whereas career mothers purchase full time formal care in the market. The sorting of women across career paths is endogenous and shaped by a social norm about...
Estelle Midler, Marianne Lefebvre et Philippe Bontems
vol. 76, mai 2020, p. 405–428
Agriculture is one of the economic sectors most exposed to exogenous risks such as climate hazards and price volatility on agricultural markets. Agricultural policies targeting the adoption of environment-friendly but potentially risk-increasing practices cannot ignore this challenge. Farmers have...
Thomas S. Kraft, Vivek Venkataraman, Karen L. Endicott et Kirk M. Endicott
vol. 29, n° 3, mai 2020, p. 117–124
The human evolutionary sciences place high value on quantitative data from traditional small‐scale societies that are rapidly modernizing. These data often stem from the sustained ethnographic work of anthropologists who are today nearing the end of their careers. Yet many quantitative ethnographic...
Marcel Boyer
n° 2 : « Competition Law review », mai 2020, p. 33–38
Marcel Boyer, Anne Catherine Faye, E. Gravel et Rachidi Kotchoni
n° 3, mai 2020, 6 pages
Nous discutons les enjeux et embûches théoriques et empiriques auxquels les autorités de concurrence et les tribunaux font face pour sanctionner les cartels, à savoir la probabilité de détection, la dynamique de cartel, la durée de l’impact et le surprix.
Alexander Guembel et Oren Sussman
vol. 87, n° 3, mai 2020, p. 1296–1330
We study a two-country setting in which leveraged investors generate fire-sale externalities, leading to financial crises and contagion. Governments can affect the incidence of financial crisis and the degree of contagion by injecting public liquidity and, additionally, by segmenting the countries...
Milo Bianchi et Philippe Jehiel
vol. 15, n° 2, mai 2020, p. 545–582