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Violeta I. Haas, Konstantin Bogatyrev, Tarik Abou-Chadi, Heike Klüver et Lukas F. Stoetzer
n° 25-1628, mars 2025
Do strategies of state-sponsored homophobia translate into electoral gains?While a growing body of literature documents the increasing politicization of LGBTQ- and gender-related issues by illiberal elites, little is known about the electoral effects of these strategies. We address this important...
Aviad Heifetz et Jorge Peña
n° 25-1627, mars 2025
In the standard continuous-time choice-taking gradient dynamics in smooth two-player games, each player implicitly assumes that their opponent momentarily main-tains their last choice. Contrastingly, in the utility-taking gradient dynamics each player implicitly assumes that their opponent...
Helmuth Cremer et Firouz Gahvari
n° 25-1626, mars 2025
This study contributes to the long-term care policy literature by exploring how, in an uncertain environment, redistributive tax policies and long-term care program design interact with informal care incentives, shaping long-term caregiving outcomes. The analysis is done within an overlapping-...
David Martimort, Jean-Christophe Poudou et Lionel Thomas
n° 25-1625, mars 2025, révision octobre 2025
A buyer (the principal) procures a good or service from a risk-neutral seller (the agent). The seller, protected by limited liability, has private information on his marginal cost of production (adverse selection), and exerts a non-verifiable effort that increases surplus (moral hazard). Even when...
Alexandros Gelastopoulos et Gael Le Mens
n° 25-1624, mars 2025
The disjunction effect (DE) refers to an empirical violation of the Sure-Thing Principle (STP), which states that if a person is willing to take an action independently of the outcome of some event, then they must be willing to do so even when the outcome of the event is unknown. A standard...
Viktor Stojkoski et César Hidalgo
n° 24-1623, mars 2025
Efforts to apply economic complexity to identify diversification opportunities often rely on diagrams comparing the relatedness and complexity of products, technologies, or industries. Yet, the use of these diagrams, is not based on empirical or theoretical evidence supporting some notion of...
Aditya Goenka, Lin Liu, Manh-Hung Nguyen et Haokun Pang
n° 25-1622, mars 2025
We model the impact of rising temperatures on labor productivity, labor market dynamics, and income inequality. Using a heterogeneous agent continuous-time (HACT) model with directed search, we analyze how temperature-induced productivity fluctuations influence the labor market, income and wealth...
Veronika Czellar, René Garcia et François Le Grand
vol. 248, n° 105867, mars 2025
We propose an asset pricing model featuring time-varying limited participation in both bond and stock markets and household heterogeneity. Households participate in financial markets with a certain probability that depends on their individual income and on asset market conditions. We use indirect...
Marc Ivaldi et Walter Nunez
vol. 19, n° 101374, mars 2025
Based on bike-sharing systems (BSS) data in Toulouse and Lyon, this study examines the impact of COVID-19 on relevant variables to BSS usage. Our findings indicate significant changes in longer travel distances, which would be explained by users who use the BSS at peak hours. Also, there is...
Manh-Hung Nguyen, Viet-Ngu Hoang, Son Nghiem et Lan Anh Nguyen
vol. 34, n° 3, mars 2025, p. 518–536