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George-Marios Angeletos, Fabrice Collard et Harris Dellas
n° 20-1065, janvier 2020
We propose a new strategy for dissecting the macroeconomic time series, provide a template for the propagation mechanism that best describes the observed business cycles, and use its properties to appraise models of both the parsimonious and the medium-scale variety. Our findings support the...
Alban Thomas et Raja Chakir
n° 20-1066, janvier 2020
Set-aside policies providing agronomic and ecological benefits have been mainstream practices in European agriculture. Because they may lead to intensification on cultivated land, they can however have mixed environmental effects. To evaluate the indirect impact of a set-aside policy on crop...
Louis-Georges Soler et Alban Thomas
n° 20-1067, janvier 2020, révision avril 2020
In the scientific literature, the debate on health and environmental benefits of a reduction in the share of animal-sourced food, in particular beef, in consumer diets is mostly focused on demand-side vs. supply transitions. We discuss in this paper the necessary conditions for a win-win scenario...
Alban Thomas, Claire Lamine, Benjamin Allès, Yuna Chiffoleau, Antoine Doré, Sophie Dubuisson-Quellier et Mourad Hannachi
n° 20-1068, janvier 2020, révision avril 2020
We discuss in this paper the role of the economic and social organization in agriculture and the food industry, in relation with the Health-Agriculture-Food-Environment (HAFEN) concept. The aim is to better understand the potential impact of the implementation of this concept in food consumption...
Bruno Conte, Lavinia Piemontese et Augustin Tapsoba
n° 20-1069, janvier 2020, révision novembre 2022
This paper investigates the consequences of the 2004 locust plague in Mali. We argue that in agricultural economies with a single harvest per year, this type of shock can affect households through two channels: first, a speculative/anticipatory effect that kicks in during the growing season,...
Matteo Bobba et Veronica Frisancho
n° 20-1070, janvier 2020, révision juin 2020
A growing body of evidence suggests that people exhibit large biases when processing information about themselves, but less is known about the underlying inference process. This paper studies belief updating patterns regarding academic ability in a large sample of students transitioning from middle...
Ingela Alger, Laura Juarez, Miriam Juarez-Torres et Josepa Miquel-Florensa
n° 20-1071, janvier 2020
We present evidence from a lab-in-the-field experiment, conducted in eight small, rural villages in Mexico, in which subjects choose to exert real effort to fund real health centers in their own and other localities. We find that women are more willing than men to exert effort to fund the health...
Andres Hervas-Drane (Cass Business School)
Toulouse, janvier 2020
Marie-Françoise Calmette et Philippe Bontems
vol. 129, n° 6, 2019, p. 967–992
Patrick Rey et Jean Tirole
vol. 127, n° 6, décembre 2019, p. 3018–3069
The paper analyzes the impact of price caps agreed upon by industry participants. Price caps, like mergers, allow firms to solve Cournot's multiple marginalization problem; but unlike mergers, they do not stifle price competition in case of substitutes or facilitate foreclosure in case of...