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Ulrich Hege et Pierre Mella-Barral
vol. 40, mars 2019, p. 77–119
This paper examines two prominent approaches to design efficient mechanisms for debt renegotiation with dispersed bondholders: debt exchange offers that promise enhanced liquidation rights to a restricted number of tendering bondholders (favored under U.S. law), and collective action clauses that...
Henrik Andersson, Arne Risa Hole et Mikael Svensson
mars 2019
Many public policies and individual actions have consequences for population health. To understand whether a (costly) policy undertaken to improve population health is a wise use of resources, analysts can use economic evaluation methods to assess the costs and benefits. To do this, it is necessary...
René Garcia et Nour Meddahi
n° 133, mars 2019, p. 199–210
Marcel Boyer
sous la direction de Ysolde Gendreau, Thémis, mars 2019
Andreea Enache et Jean-Pierre Florens
n° 19-989, février 2019
The first novelty of this paper is that we show global identification of the private values distribution in a sealed-bid third-price auction model using a fully nonparametric methodology. The second novelty of the paper comes from the study of the identification and estimation of the model using a...
Cristina Gualdani et Shruti Sinha
n° 19-993, février 2019, révision août 2022
We study partial identification of the preference parameters in the one-to-one matching model with perfectly transferable utilities. We do so without imposing parametric distributional as-sumptions on the unobserved heterogeneity and with data on one large market. We provide a tractable...
Jean-Pierre Florens, Léopold Simar et Ingrid Van Keilegom
n° 19-990, février 2019
Jean-Paul Azam et Elodie Djemaï
n° 19-991, février 2019
We examine how cooperation within the couple protects the partners from HIV infection using survey data from southern Africa. The respective impacts of education and cooperation on HIV risk for both wives and husbands are estimated in a joint estimation model. We fully discuss and test the...
Helmuth Cremer, Catarina Goulão et Jean-Marie Lozachmeur
n° 19-992, février 2019, révision janvier 2026
Health damages of an unhealthy good, such as a sugar-sweetened beverage, are misperceived by consumers. Market power affects both output and sugar content and these effects have to be balanced against Pigouvian considerations. Under “pseudo” perfect competition, a Pigouvian tax proportional to...
Matteo Bobba et Jérémie Gignoux
vol. 33, n° 1, février 2019, p. 116–139
When potential beneficiaries share their knowledge and attitudes about a policy intervention, their decision to participate and the effectiveness of both the policy and its evaluation may be influenced. This matters most notably in integrated social policies with several components. We examine...
