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Emmanuelle Auriol et Alice Mesnard
vol. 83, n° 332, octobre 2016, p. 646–678
Is there a way of eliminating human smuggling? We set up a model to simultaneously determine the provision of human smuggling services and the demand from would-be migrants. A visa-selling policy may be successful at eliminating smugglers by eroding their profits but it also increases immigration....
Erwan Pierre, Stéphane Villeneuve et Xavier Warin
vol. 20, n° 4, octobre 2016, p. 809–854
This paper examines the dividend and investment policies of a cash constrained firm that has access to costly external funding. We depart from the literature by allowing the firm to issue collateralized debt to increase its investment in productive assets resulting in a performance sensitive...
Emmanuel Thibault
Elsevier, vol. 147, octobre 2016, p. 42–45
Can dynamic inefficiency be remedied by intergenerational family transfers? The issue matters for the connection between fiscal policy and economic growth. Yet family transfers have mostly been narrowly cast as altruistic. I show that an alternative motive the demonstration effect, whereby parents...
Xavier Irz, Pascal Leroy, Vincent Réquillart et Louis-Georges Soler
vol. 130, octobre 2016, p. 139–155
The paper develops a framework combining a model of rational behaviour under dietary constraints, an epidemiological model of diet-related mortality, and a life-cycle-analysis model of environmental impact, which permits the ex-ante assessment of dietary recommendations in multiple sustainability...
Helmuth Cremer, Jean-Marie Lozachmeur, Dario Maldonado et Kerstin Roeder
Elsevier, vol. 89, octobre 2016, p. 454–470
This paper studies the design of couples’ income taxation when consumption and labor supply decisions within the couple are made by maximizing a weighted sum of the spouses’ utilities; bargaining weights are given but specific to each couple. Information structure and labor supply decisions follow...
Christian Gollier
vol. 142, octobre 2016, p. 83–90
Weitzman (1998, 2001) proposed a simple “gamma discounting” method to characterize the term structure of discount rates today from the sole distribution of future spot interest rates. This rule which justifies using a smaller discount rate for longer maturities is now used for long-term policy...
Martial Dupaigne et Patrick Fève
vol. 89, octobre 2016, p. 425–453
This paper inspects the mechanism shaping government spending multipliers in various smallscale DSGE setups with endogenous labor supply and capital accumulation. We analytically characterize the short-run investment multiplier, which in equilibrium can be either positive or negative. The...
Marion Robert, Jérôme Dury, Alban Thomas, Olivier Therond, Muddu Sekhar, Shrinivas Badiger, Laurent Ruiz et Jacques Eric Bergez
vol. 148, octobre 2016, p. 86–94
The agricultural research community offers languages and approaches to model farmers' decision-making processes but does not often clearly detail the steps necessary to build an agent model underlying farmers' decision-making processes. We propose an original and readily applicable methodology for...
Jean-François Laslier et Karine Van Der Straeten
vol. 47, n° 3, octobre 2016, p. 559–587
We propose a theory of strategic voting in multi-winner elections with approval balloting. With a tiny probability that any vote might be misrecorded, best responses involve voting by pairwise comparisons. Two candidates play a critical role: the weakest expected winner and the strongest expected...
Alexis Chaine, Jean Clobert, Michele Huet, Staffan Jacob, Delphine Legrand, Nicolas Schtickzelle et Priscilla Wehi
vol. 70, n° 10, octobre 2016, p. 2336–2345
Kin selection theory predicts that costly cooperative behaviors evolve most readily when directed toward kin. Dispersal plays a controversial role in the evolution of cooperation: dispersal decreases local population relatedness and thus opposes the evolution of cooperation, but limited dispersal...
