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Chiara Canta et Helmuth Cremer
n° 17-839, septembre 2017
We study the design of long-term care (LTC) policy when children differ in their cost of providing informal care. Parents do not observe this cost, but they can commit to a "bequests rule" specifying a transfer conditional on the level of informal care. Care provided by high-cost children is...
Abdelaati Daouia, Stéphane Girard et Gilles Stupfler
n° 17-841, septembre 2017
The class of quantiles lies at the heart of extreme-value theory and is one of the basic tools in risk management. The alternative family of expectiles is based on squared rather than absolute error loss minimization. It has recently been receiving a lot of attention in actuarial science,...
Michel Simioni, Christine Thomas-Agnan et Thi-Huong Trinh
n° 17-842, septembre 2017
Policies aimed at reducing starvation and redressing nutritional deficiencies remain among the most widely accepted policies in the world. These policies can take many different forms, from subsidized prices of basic foodstuffs to cash transfers, and their effectiveness depends on the existence of...
Roberto Galbiati, Aurélie Ouss et Arnaud Philippe
n° 17-843, septembre 2017
We study how local labor market conditions and information about jobs affect recidivism among former inmates. Our identification strategy exploits daily variations on new job vacancies and news coverage of job openings and closings at the county level, merged with individual-level administrative...
Marcel Boyer
n° 17-844, septembre 2017
Pricing copyrighted works or assets so that creators are fairly compensated, while users can benefit from the digital economy given the information good character of such works has always been a difficult task. Doing it in the digital era is even more challenging. Striking that balance and...
n° 17-845, septembre 2017
I review private copying laws and practices in different jurisdictions, with a particular emphasis on the methodology followed in France to determine rightsholders’ compensation for the private copying of their copyrighted works in different repertoires namely audio, video, still pictures, and...
n° 17-846, septembre 2017
Pricing copyrighted works or assets has always been a difficult task given the information good character of such works. Doing it in the digital era is even more challenging. This paper proposes an approach to infer the respective competitive market value of copyrights in music from choices made by...
Simone Cuiabano
n° 17-847, septembre 2017
I estimate the fuel retailer cartel damages in the south of Brazil using reduced and structural forms for supply and demand. Brazilian Competition Authority (CADE) documents help to characterize the ethanol and gasoline retailers involved in the collusion. The objective is to evaluate competition...
Simone Cuiabano et Maxwell Opoku-Afari
n° 17-848, septembre 2017
A major challenge for most countries in Sub-Saharan Africa is the evaluation of the exchange rate. This is more so in the East African Community (EAC) where macroeconomic and exchange rate management has been in particular challenged by massive foreign aid inflows partly as a result of Heavily...
n° 849, septembre 2017
Malgré les développements et enseignements récents et actuels, des erreurs analytiques perdurent en évaluation de projets. Cinq méprises (ou absences de meilleures pratiques) omniprésentes résultent de ces erreurs : 1. l’utilisation du coût moyen pondéré du capital CMPC de l’entreprise pour évaluer...
