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Xavier D'Haultfoeuille, Isis Durrmeyer et Philippe Février
vol. 86, n° 5, octobre 2019, p. 1973–1998
In markets where sellers are able to price discriminate, individuals pay different prices that may be unobserved by the econometrician. This paper considers the structural estimation of a demand and supply model à la Berry et al. (1995) with such price discrimination and limited information on...
Paul Beaudry, Patrick Fève, Alain Guay et Franck Portier
vol. 34, octobre 2019, p. 221–243
In SVARs, identification of structural shocks can be subject to nonfundamentalness, as the econometrician may have an information set smaller than the economic agents’ one. How serious is that problem from a quantitative point of view? In this paper we propose a simple diagnostic for the...
Benjamin Ouvrard, Jens Abildtrup, Göran Bosted et Anne Stenger
n° 164, octobre 2019
The use of biomass, in particular wood, has increased this last decade as a result of the European Union's objectives to reduce the use of fossil energies. This has amplified the use of whole-tree harvesting and the exploitation of forest residues from traditional timber harvest. However, these...
Chiara Canta et Helmuth Cremer
vol. 119, octobre 2019, p. 548–566
We study the design of long-term care (LTC) policies when children differ in their cost of providing informal care. Parents do not observe this cost, but they can commit to a “bequest rule” specifying a transfer (gift or bequest) conditional on the level of informal care. Care provided by high-cost...
Stéphane Straub
sous la direction de Mark Roberts, Frederico Gil Sander et Sailesh Tiwari, chapitre 6, octobre 2019
Arnaud Pocheville, Sabine Noebel, Guillaume Isabel et Etienne Danchin
vol. 366, n° 6462, 11 octobre 2019
Thornquist and Crickmore claim that systematic experimental error may explain the results of Danchin and colleagues. Their claim rests on mistakes in their analyses, for which we provide corrections. We reassert that conformity in fruitflies predicts long-lasting mate-preference traditions.
Martin Boyer, Philippe De Donder, Claude Fluet, Marie-Louise Leroux et Pierre-Carl Michaud
n° 19-1034, septembre 2019
We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect against financial risks associated with long-term care needs. Using exogenous variation in prices from the survey design and individual cost estimates, these stated-choice...
David Bardey et Philippe De Donder
n° 19-1035, septembre 2019, révision 22 janvier 2024
Personalized medicine is still in its infancy, with costly genetic tests providing little actionable information in terms of efficient prevention decisions. As a consequence, few people undertake these tests currently, and health insurance contracts pool all agents irrespective of their genetic...
Stefan Ambec et Jessica Coria
n° 19-1036, septembre 2019, révision avril 2021
We propose informational spillovers as a new rationale for the use of multiple policy instruments to mitigate a single externality. We investigate the design of a pollution standard when the firms’ abatement costs are unknown and emissions are taxed. A firm might abate pollution beyond what is...
Daniel F. Garrett
n° 19-1037, septembre 2019
Some sellers display high "regular" prices, but mark down these prices the vast majority of the time, advertising the good as "on sale" or "discounted". This note suggests a framework for understanding the practice, emphasizing the role of buyer uncertainty about their future valuations for the...
