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11 février 2015
Claude Crampes et Thomas-Olivier Léautier
10 février 2015
5 février 2015
Frédéric Cherbonnier et Emmanuel Thibault
Ragui Assaad et Mohamed Saleh
n° 15-549, janvier 2015, révision août 2015
This paper examines the effect of increased local supply of schooling on intergenerational mobility in education in Jordan. We use a unique data set that links individual data on own schooling and parents’ schooling for adults, from a household survey, with the annual supply of schools in the sub-...
Mohamed Saleh
n° 15-550, janvier 2015
Yinghua He
n° 15-551, janvier 2015, révision septembre 2017
The Boston mechanism has been criticized for its poor incentive and welfare performance compared with the deferred-acceptance mechanism (DA). Using school choice data from Beijing where the Boston mechanism without school priorities is adopted, I investigate parents' behavior and allow for possible...
Jean-Paul Décamps, S. Gryglewicz, E. Morellec et Stéphane Villeneuve
n° 15-552, janvier 2015, révision 15 juin 2016
We develop a dynamic model of investment, financing, liquidity and risk manage- ment policies in which firms face financing frictions and are subject to permanent and temporary cash ow shocks. In this model, the cash- ow sensitivity of cash increases with financing constraints and cash ow...
David Bardey, Helmuth Cremer et Jean-Marie Lozachmeur
n° 15-553, janvier 2015
This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the market for the medical product. Various scenarios, such as monopoly pricing, price negotiation or horizontal differentiation are considered. The insurance contract specifies two...
n° 843, janvier 2015, révision mars 2016