Recherche avancée

Ujjayant Chakravorty, Marie-Hélène Hubert, Michel Moreaux et Linda Nøstbakken

vol. 119, n° 3, juillet 2017, p. 733–767

About 40% of US corn is now used to produce biofuels, which are used as substitutes for gasoline in transportation. In this paper, we use a Ricardian model with differential land quality to show that world food prices rise by about 32% by 2022, about half of that from the biofuel mandate and the...

Jérôme Renault, Eilon Solan et Nicolas Vieille

vol. 104, juillet 2017, p. 329–349

We study a dynamic model of information provision. A state of nature evolves according to a Markov chain. An advisor with commitment power decides how much information to provide to an uninformed decision maker, so as to influence his short-term decisions. We deal with a stylized class of...

Douadia Bougherara, Xavier Gassmann, Laurent Piet et Arnaud Reynaud

juillet 2017, p. 1–27

The distinction between risk, where agents assign well-defined probabilities to possible outcomes, and ambiguity, where agents do not, has long been of particular interest. Using a carefully designed field experiment, we elicit information about risk and ambiguity preferences among 197 French...

Yana Jin, Henrik Andersson et Shiqiu Zhang

vol. 8, juillet 2017, p. 147–186

China’s Cap on Coal Consumption (CCC) Policy serves as a key strategy to address the serious air pollution in China, and it helps to address coal’s climate, environment and health damages. Current implementation of it focuses on substituting coal used in power plants and boilers with natural gas,...

Helmuth Cremer, Firouz Gahvari et Pierre Pestieau

vol. 151, juillet 2017, p. 12–24

When family assistance is uncertain, benefits cannot be conditioned on family aid. We study the role of private and public LTC insurance in this environment and compare the properties and optimality of the topping up versus opting out public insurance schemes. Under topping up, the required LTC is...

Caio Almeida, Kim Ardison, René Garcia et Jose Vicente

vol. 15, n° 3, juillet 2017, p. 418–426

The discussions focus on different aspects of the paper and are quite complementary. Dobrev and Schaumburg look closely at our implementation choices and analyse the sensitivity of the measure to these choices. Camponovo, Scaillet, and Trojani propose to use robust predictive regression methods to...

Augustin Landier et Guillaume Plantin

vol. 84, n° 3, juillet 2017, p. 1186–1209

Afluent households can respond to taxation with means that are not economically viable for the rest of the population, such as sophisticated tax plans and international tax arbitrage. This paper studies an economy in which an inequality-averse social planner faces agents who have access to a tax-...

Caio Almeida, Kim Ardison, René Garcia et Jose Vicente

vol. 15, n° 3, juillet 2017

The discussions focus on different aspects of the paper and are quite complementary. Dobrev and Schaumburg look closely at our implementation choices and analyse the sensitivity of the measure to these choices. Camponovo, Scaillet, and Trojani propose to use robust predictive regression methods to...

Anna D’Annunzio

vol. 53, juillet 2017, p. 114–144

Carole Haritchabalet, Laetitia Lepetit, Kévin Spinassou et Franck Strobel

vol. 49, juillet 2017, p. 103–114