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Jean-Paul Azam et Véronique Thelen
Edward Elgar, 2018
This book offers a unique and insightful econometric evaluation of the policies used to fight transnational terrorism between 1990 and 2014 using a sample of 124 countries. It proves that foreign aid plays a crucial role by inducing recipient governments to protect the donors’ political and...
Claude Crampes et Michel Moreaux
n° 18-962, novembre 2018
L’article analyse la gestion annuelle des barrages hydroélectriques quand les apports naturels en eau suivent des cycles prévisibles. Nous montrons que dans ce cadre la règle de Hotelling s’applique par intermittence. En effet, d`es lors qu’un stock est constitué sans que les contraintes de...
Tiziana Assenza, P. Heemeijer, C.H. Hommes et D. Massaro
n° 18-963, novembre 2018
The New Keynesian theory of inflation determination is tested in this paper by means of laboratory experiments. We find that the Taylor principle is a necessary condition to ensure convergence to the inflation target, but it is not sufficient. Using a behavioral model of expectation formation, we...
Pierre Maréchal, Léopold Simar et Anne Vanhems
n° 18-965, novembre 2018
In this paper, we use a mollifier approach to regularize the deconvolution, which has been used in research fields like medical imaging, tomography, astrophysics but, to the best of our knowledge, never in statistics or econometrics. We show that the analysis of this new regularization method...
Justin Pappas Johnson et Andrew Rhodes
n° 18-967, novembre 2018, révision février 2021
We investigate mergers in markets where quality dierences between products are central and rms may reposition their product lines by adding or removing products of dierent qualities following a merger. Such mergers are ma- terially dierent from those studied in the existing literature. Mergers...
David Bardey, Samuel Kembou Nzalé et Bruno Ventelou
n° 18-968, novembre 2018
We study physicians’ incentives to use personalized medicine techniques, replicating the physician’s trade-offs under the option of personalized medicine information. In a laboratory experiment where prospective physicians play a dual-agent real-effort game, we vary both the information structure (...
Luis Enrique Garcia, Aude Illig et Ian Schindler
n° 18-969, novembre 2018
Andrei Hagiu, Bruno Jullien et Julian Wright
n° 18-970, novembre 2018, révision mars 2019
We explore conditions under which a multiproduct firm can profitably turn itself into a platform by "hosting rivals", i.e. by inviting rivals to sell products or services on top of its core product. Hosting eliminates the additional shopping costs to consumers of buying a specialist rival's...
Ryan Chahrour et Robert Ulbricht
n° 18-971, novembre 2018, révision mars 2019
We study the quantitative potential of DSGE models with incomplete information. In contrast to existing literature, we offer predictions that are robust across all possible private information structures that agents may have. Our approach maps DSGE models with information-frictions into a parallel...
Charlotte Cavaillé, Daniel L. Chen et Karine Van Der Straeten
n° 18-980, novembre 2018, révision janvier 2019
"Likert scales" are the most standard and widespread instrument in survey research when measuring public opinion on political and economic issues. In this simple approach, respondents are given the opportunity to voice their agreement or disagreement on a set of issues by placing their attitudes on...
