Recherche avancée

Christian Bontemps

n° 18-883, mars 2018

This paper considers moment-based tests applied to estimated quantities. We propose a general class of transforms of moments to handle the parameter uncertainty problem. The construction requires only a linear correction that can be implemented in-sample and remains valid for some extended families...

Jean-François Bonnefon

vol. 37, n° 1, mars 2018, p. 113–119

The dual-process model of cognition but most especially its reflective component, system 2 processing, shows strong conceptual links with critical thinking. In fact, the salient characteristics of system 2 processing are so strikingly close to that of critical thinking, that it is tempting to claim...

François Cochard, Hélène Couprie et Astrid Hopfensitz

vol. 21, n° 1, mars 2018, p. 50–71

Female specialization on household work and male specialization on labor-market work is a widely observed phenomenon across time and countries. This absence of gender neutrality with respect to work-division is known as the “work-division puzzle”. Gender differences regarding characteristics (...

Abdelaati Daouia, Stéphane Girard et Gilles Stupfler

vol. 80, n° Série B, mars 2018, p. 263–292

We use tail expectiles to estimate alternative measures to the Value at Risk (VaR), Expected Shortfall (ES) and Marginal Expected Shortfall (MES), three instruments of risk protection of utmost importance in actuarial science and statistical finance. The concept of expectiles is a least squares...

Jacques Eric Bergez, Marion Robert et Alban Thomas

vol. 265, n° 3, mars 2018, p. 1033–1045

Agricultural sustainability under climate change is a major challenge in semi-arid countries, mainly because of over-exploited water resources. This article explores short- and long-term consequences of farmers’ adaptation decisions on groundwater resource use, under several climate change...

Fabien Gensbittel, Stefano Lovo, Jérôme Renault et Tristan Tomala

vol. 108, mars 2018, p. 504–522

In a zero-sum asynchronous revision game, players can revise their actions only at exogenous random times. Players’ revision times follow Poisson processes, independent across players. Payoffs are obtained only at the deadline by implementing the last prepared actions in the ‘component game’. The...

Lydie Ancelot, Liliane Bonnal et M.H. Depret

vol. 69, mars 2018, p. 373–405

Jay Pil Choi, Doh-Shin Jeon et Byung-Cheol Kim

vol. 66, n° 1, mars 2018, p. 172–204

We study how net neutrality regulations affect a high-bandwidth content provider (CP)'s investment incentives to enhance its quality of services (QoS) in content delivery to end users. We find that the effects crucially depend on whether the CP's entry decision is constrained by the Internet...

Patrick Fève, Pablo Garcia et Jean-Guillaume Sahuc

vol. 164, mars 2018, p. 10–14

Is risk taking an important channel by which monetary policy shocks affect economic activity? On the basis of a nonlinear structural VAR including a new measure of risk sensitivity by economic agents, we show that the role of the risk-taking channel depends on the state of the economy. While it is...

Christophe Bernard, Marie-Françoise Calmette, Maureen Kilkenny, Catherine Loustalan et Isabelle Pechoux

vol. 69, n° 2, mars 2018

We show how a large country’s entrance on world markets can lead to lower and less quality diversity available to consumers rather than more. In our model, autarky quality is directly proportional to the willingness to pay for quality and home market size, and inversely proportional to the cost of...