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Helmuth Cremer et Philippe De Donder
vol. 118, juillet 2016, p. 594–615
Individuals, differing in productivity and life expectancy, vote over the size and type of a collective annuity. Its type is represented by the fraction of the contributive (Bismarckian) component (based on the worker’s past earnings) as opposed to the non- contributive (Beveridgean) part (based on...
Laurent Gobillon et Thierry Magnac
vol. 98, n° 3, juillet 2016, p. 535–551
In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained using Bai (2009) with those obtained using difference in differences and synthetic controls (Abadie and coauthors). We show that...
Céline Nauges, Sarah Ann Wheeler et Alec Zuo
vol. 60, n° 3, juillet 2016, p. 442–458
Water trading in the Murray–Darling Basin of Australia has developed to the point where it is a common adaptation tool used by irrigators, making it an apt case study to elicit the marginal value of irrigation water and irrigators' risk preferences in two key industries with differing levels of...
Jean-Pierre Amigues, Gilles Lafforgue et Michel Moreaux
vol. 78, juillet 2016, p. 23–37
Using a standard Hotelling model of resource exploitation, we determine the optimal consumption paths of three energy resources: dirty coal, which is depletable and carbon-emitting; clean coal, which is also depletable but carbon-free thanks to an abatement technology (CCS: Carbon Capture and...
Xavier D'Haultfoeuille, Isis Durrmeyer et Philippe Février
vol. 47, juillet 2016, p. 186–229
We analyze the evolution of CO2 emissions of new vehicles sold in France between 2003 and 2008. We investigate in particular the effect of two policies introduced during that time: the energy label requirement, which went into effect in the end of 2005, and a feebate based on CO2 emissions of new...
A.C. Cardoso, Bruna Grizzetti, C. Liquete et Arnaud Reynaud
vol. 61, juillet 2016, p. 194–203
Ecosystem service concepts can offer a valuable approach for linking human and nature, and arguments for the conservation and restoration of natural ecosystems. Despite an increasing interest in the topic, the application of these concepts for water resource management has been hampered by the lack...
Ingela Alger et Jörgen W. Weibull
vol. 98, juillet 2016, p. 56–67
What kind of preferences should one expect evolution to favor? We propose a definition of evolutionary stability of preferences in interactions in groups of arbitrary finite size. Groups are formed under random matching that may be assortative. Individuals' preferences are their private information...
Gary Biglaiser, Jacques Crémer et Gergely Dobos
vol. 47, juillet 2016, p. 62–87
We consider a simple two period model where consumers have different switching costs. Before the market opens, there was an incumbent who sold to all consumers. We identify the equilibrium both with Stackelberg and Bertrand competition and show how the presence of low switching cost consumers...
Matteo Bobba et Jérémie Gignoux
n° 16-662, juin 2016, révision août 2016
When potential beneficiaries share their knowledge and attitudes about a policy intervention, their decision to participate and the effectiveness of both the policy and its evaluation may be influenced. This matters most notably in integrated social policies with several components. We examine...
Fabien Prieur et Ingmar Schumacher
n° 16-663, juin 2016
In this article we investigate the role that internal and external conflict plays for optimal climate and immigration policy. Reviewing the empirical literature, we put forward five theses regarding the link between climate change, migration, and conflict. Based on these theses, we then develop a...
