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Marianne Fay, David Martimort et Stéphane Straub
n° 18-98, juin 2018, révision janvier 2021
The paper addresses the issue of the feasible level of private finance in a contract- ing model of infrastructure funding and financing. It characterizes the structure of financial contracts, deriving the conditions under which both public and private finance coexist. A key feature is that access...
Thierry Magnac, Nicolas Pistolesi et Sébastien Roux
vol. 126, n° 3, juin 2018, p. 1219–1249
We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future. We...
Patrick Fève, Julien Matheron et Jean-Guillaume Sahuc
vol. 16, n° 3, juin 2018, p. 857–893
In a neoclassical growth model with incomplete markets and heterogeneous, liquidity-constrained agents, the properties of the Laffer curve depend on whether debt or transfers are adjusted to balance the government budget constraint. The Laffer curve conditional on public debt is horizontally S-...
Bruno Jullien, Jérôme Pouyet et Wilfried Sand-Zantman
vol. 69, juin 2018, p. 985–1007
Fabien Gensbittel et Catherine Rainer
vol. 8, n° 2, juin 2018, p. 280–314
Mohamed Saleh
vol. 78, n° 2, juin 2018, p. 394–434
Christian Gollier et Miles S. Kimball
vol. 85, n° 2, juin 2018, p. 397–430
Marc Bourreau et Bruno Jullien
vol. 167, juin 2018, p. 136–141
In this paper, we study the impact of a merger to monopoly on prices and investments. Two single-product firms compete in prices and coverage for a new technology. In equilibrium, one firm covers a larger territory than its competitor with the new technology, leading to singleproduct and multi-...
Stéphane Gregoir et Tristan-Pierre Maury
n° 130, juin 2018, p. 133–166
Social renters are known to have lower residential mobility rates and to experience lower supply rates of job opportunities than other tenants. This may have negative and lasting consequences on the labour market. We test whether social housing could be contribute to the dynamics of unemployment....
Di Fang (University of Arkansas)
Manufacture des tabacs, Toulouse, 7–8 juin 2018, salle MS 001
