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Sylvie Borau
vol. 198, n° 1, avril 2025, p. 1–19
The use of female AI agents, such as vocal assistants, chatbots and robots, is on the rise, but the indiscriminate feminization of these AI agents poses novel ethical concerns about their impact on gender relations in society. This conceptual article argues that AI agents, even virtual ones, can...
Frédéric Boissay, Fabrice Collard, Cristina Manea et Alan Shapiro
vol. 21, n° 2, avril 2025, p. 147–220
This paper explores the state-dependent effects of a monetary tightening on financial stress, focusing on a novel dimension: whether inflation is driven by supply versus demand factors at the time of the policy intervention. These underlying factors likely affect the economy’s financial resilience...
Thomas Ragel et Bruno Ziliotto
avril 2025
Claire Borsenberger, Helmuth Cremer, Denis Joram, Jean-Marie Lozachmeur et Estelle Malavolti
n° 25-1639, avril 2025
The concept of Corporate Social Responsibility (CSR) has evolved since Milton Friedman’s 1970 assertion that a business’s sole responsibility is profit. Today, global frameworks like the UN Global Compact and EU regulations emphasize corporate accountability, particularly regarding social and...
Michel Moreaux et Jean-Pierre Amigues
n° 25-1638, avril 2025
The theme of the ’energy transition’ away from fossil fuels toward clean renewable energy has attracted a lot of attention in the context of climate change mitigation. However the emergence of a new energy system raises its own problems. An aggressive carbon pricing or a renewables subsidisation...
Gabriel Ulyssea, Matteo Bobba, Lucie Gadenne et Mariaflavia Harari
vol. 6, n° 2, avril 2025
Most low- and middle-income countries are characterised by a large informal sector, which implies that a substantial fraction of economic activity and livelihoods in these countries goes on completely unregulated. This has important implications for the behaviour of firms, workers, families, and...
Patrick Rey, Simon Loertscher et Leslie Marx
n° 25-1637, avril 2025
We develop the procurement analogue to an all-pay auction for an independent private values model with identical distributions. In this all-receive procurement auction (ARPA), suppliers simultaneously submit bids. Suppliers with bids below (above) the reserve are paid their bids (are paid and...
Helmuth Cremer et Georges Casamatta
n° 25-1636, avril 2025
We examine the optimal combination of direct and indirect taxes in the presence of tax avoidance. Our findings indicate that linear commodity taxes should be included in the optimal tax mix, even when they are subject to avoidance and when the conditions of the Atkinson-Stiglitz theorem hold. This...
Benoît Chevalier-Roignant, Stéphane Villeneuve, Fabien Delpech et May-Line Grapotte
n° 25-1635, avril 2025
There are many business situations in which investments by a supplier and a producer (“coinvest-ments") are both necessary for either of them to grasp a business opportunity. For instance, better quality tanks are needed to manufacture reliable hydrogen-powered vehicles. One of these two firms,...
Céline Nauges, Sarah Ann Wheeler et Quentin R. Grafton
n° 24-1634, avril 2025
The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles...
