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Zoë Plakias (University of California)
Toulouse, France, 2014
Jura Liaukonyte (Cornell University)
Steve McCorriston (University of Exeter)
Jean-Paul Azam et Véronique Thelen
n° 14-544, décembre 2014, révision juin 2019
The incidence of civil war in Sub-Saharan Africa since the turn of the century is less than half of what it was on average in the last quarter of the 20th century. This paper shows that the aid boom triggered by 9/11 played a key role in achieving purposefully this result using panel data for 46...
Marc Ivaldi, Emile Quinet, Miguel Urdanoz et Étienne de Villemeur
n° 14-545, décembre 2014
The so-called buffer time or buffer delay allows airlines to control for excessive delays by introducing extra time in their schedule in addition to what is technically required. . We study the differences between unregulated markets - where airlines are free to fix their buffer times strategically...
Mikhail Golosov, Aleh Tsyvinski et Nicolas Werquin
2014
We develop a general method to study the effects of non-linear taxation in dynamic settings using variational arguments. We first derive general theoretical formulas that char- acterize the welfare effects of local tax reforms and, in particular, the optimal tax system, potentially restricted...
Peter Christoffersen, Bruno Fenou, Kris Jacobs et Nour Meddahi
vol. 49, 2014, p. 663–697
Many studies have documented that daily realized volatility estimates based on intraday returns provide volatility forecasts that are superior to forecasts constructed from daily returns only. We investigate whether these forecasting improvements translate into economic value added. To do so we...
Helmuth Cremer et Catarina Goulão
vol. 80, 2014, p. 5–29
Giuseppe Marco Attanasi, Christian Gollier, Aldo Montesano et Noémie Pace
vol. 77, n° 4, décembre 2014, p. 485–530
Coherent-ambiguity aversion is defined within the (Klibanoff et al., Econometrica 73:1849–1892, 2005) smooth-ambiguity model (henceforth KMM) as the combination of choice-ambiguity and value-ambiguity aversion. Five ambiguous decision tasks are analyzed theoretically, where an individual faces two-...
Wilfried Sand-Zantman
vol. XXVIII, n° 3, 2014, p. 37–70
Le développement des NTIC et l’ouverture à la concurrence de nouveaux secteurs industriels ont conduit à une généralisation des pratiques de fidélisation et de suivi de la clientèle. Cet article présente l’analyse économique de ces pratiques, de leur impact sur la concurrence et le bien-être des...
