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Helmuth Cremer, Pierre Pestieau et Kerstin Roeder
vol. 28, n° 1, janvier 2015, p. 195–217
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk. Symmetry in education (both spouses receive an equal amount...
Samuele Centorrino, Elodie Djemaï, Astrid Hopfensitz, Manfred Milinski et Paul Seabright
vol. 36, n° 1, janvier 2015, p. 8–16
We test the hypothesis that smiles perceived as honest serve as a signal that has evolved to induce cooperation in situations requiring mutual trust. Potential trustees (84 participants from Toulouse, France) made two video clips averaging around 15 seconds for viewing by potential senders before...
Christian Gollier
vol. 69, janvier 2015, p. 53–61
The aim of this paper is to examine the impact of inequalities and economic convergence on the efficient discount rate when international credit and risk-sharing markets are inefficient. We consider an economy in which initial consumption levels and growth expectations are heterogeneous. In the...
Helmuth Cremer et Firouz Gahvari
Elsevier, vol. 126, janvier 2015, p. 91–95
We show that the celebrated Atkinson and Stiglitz (1976) result on the uniformity of the commodity tax rates when preferences are weakly separable between goods and leisure does not hold when (at least) one of the goods is produced within the household. The result is restored if preferences are...
Jean Jacques Droesbeke, Gilbert Saporta et Christine Thomas-Agnan
Technip, janvier 2015
Claude Crampes et Thomas-Olivier Léautier
29 janvier 2015
Augustin Landier et David Thesmar
Bruno Biais
28 janvier 2015
Stefan Ambec
22 janvier 2015
