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Justina Klimaviciute, Harun Onder et Pierre Pestieau
2019, p. 1–20
The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. It shows that, in the absence of retirement annuities, or for a given level of annuitization, both...
Margot Dazey
vol. 117, n° 4, décembre 2019, p. 74–93
Cet article étudie la façon dont les acteurs associatifs musulmans s’emploient à être reconnus comme des interlocuteurs respectables par les autorités publiques locales. À partir d’une enquête ethnographique auprès de la Fédération musulmane de la Gironde, il s’agit de reconstituer les conditions...
Christian Gollier ( Toulouse School of Economics (TSE))
Atria Mercure Compans Caffarelli, Toulouse, France, 2019
Abdelaati Daouia, Irene Gijbels et Gilles Stupfler
vol. 114, n° 527, 2019, p. 1366–1381
Quantiles and expectiles of a distribution are found to be useful descriptors of its tail in the same way as the median and mean are related to its central behavior. This paper considers a valuable alternative class to expectiles, called extremiles, which parallels the class of quantiles and...
Lucie Bottega et Jenny de Freitas
vol. 178, 2019, p. 33–36
A label that imperfectly signals product quality is analyzed in a Bertrand duopoly with differentiated products. Considering strategic firms when certification is imperfect has some important implications. A separating equilibrium can be sustained with a free test due to price strategic...
Aurélien Saussay (OFCE-Sciences Po)
Marcelo Sant'Anna (FGV/EPGE - Escola Brasileira de Economia e Finanças)
Bård Harstad, Alessia Russo et Francesco Lancia
vol. 17, n° 1, 2019, p. 1–30
This paper analyzes a game in which countries repeatedly make emission and technology investment decisions. We derive the best equilibrium, i.e., the Paretooptimal subgame-perfect equilibrium, when countries are insufficiently patient for folk theorems to be relevant. Relative to the first best,...
Daniel F. Garrett, Renato Gomes et Lucas Maestri
vol. 86, 2019, p. 1590–1630
We study the interplay between informational frictions and second-degree price discrimination. Our theory recognizes that consumers differ in their tastes for quality as well as in the information they possess about available offers, which leads to dispersion over price-quality menus in equilibrium...
Desheng Huang, Henrik Andersson et Shiqiu Zhang
vol. 61, n° 12, 2019, p. 2207–2229
This study reports the results from a discrete choice experiment (DCE) conducted in Beijing China. The aim and the objectives of the study are to elicit monetary values for the value of a statistical life (VSL) and the value of a statistical illness (VSI) that can be considered for policy purposes...
