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Philippe De Donder et Pierre Pestieau
n° 13-454, décembre 2013, révision janvier 2015
We provide an explanation for why estate taxation is surprisingly little used over the world, given the skewness of the estate distribution. Taxing estates implies meddling with intra-family decisions, which may be frown upon by many. At the same time, the concentration of estates means that a low...
Bob Evans et Soenje Reiche
décembre 2013
We characterize decision rules which are implementable in mechanism design settings when, after the play of a mechanism, the uninformed party can propose a new mechanism to the informed party. The necessary and sufficient conditions are, essentially, that the rule would be implementable if parties...
Henrik Andersson, Arne Risa Hole et Mikael Svensson
n° 13-465, décembre 2013
This study elicits individual preferences for reducing morbidity and mortality risk in the context of an infectious disease (campylobacter) using choice experiments. Respondents are in the survey asked to choose between different policies that, in addition to the two health risks, also vary with...
Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten et John Van Reenen
The Census Bureau recently conducted a survey of management practices in over 30,000 plants across the US, the first large-scale survey of management in America. Analyzing these data reveals several striking results. First, more structured management practices are tightly linked to higher levels of...
Emmanuelle Auriol et Pierre M. Picard
vol. 89, 2013, p. 187–209
In this paper, we discuss the choice for build-operate-and-transfer (BOT) concessions when governments and firm managers do not share the same information regarding the operation characteristics of a facility. We show that larger shadow costs of public funds and larger information asymmetries...
Philippe Alby, Jean-Jacques Dethier et Stéphane Straub
vol. 27, n° 1, 2013, p. 109–132
Many developing countries are unable to provide their industrial sectors with reliable electric power, with the result that many enterprises must contend with an insufficient and unreliable supply of electricity. Because of these constraints, enterprises often opt for self-generation of electricity...
Fabien Gensbittel
vol. 51, n° 2, 2013, p. 1152–185
Augustin Landier, Julien Sauvagnat, David Sraer et David Thesmar
vol. 17, n° 1, 2013, p. 161–201
This article empirically relates the internal organization of a firm with decision making quality and corporate performance. We call “independent from the CEO” a top executive who joined the firm before the current CEO was appointed. In a very robust way, firms with a smaller fraction of...
Fabian Bergès et Sylvette Monier-Dilhan
vol. 79, n° 2, 2013
Cet article analyse l’effet d’une politique de commerce international sur un marché domestique en concurrence imparfaite, en prenant en compte les consommateurs et les firmes amont/aval. Nous étudions l’impact d’une baisse des droits de douanes et montrons que le profit des firmes en amont diminue...
Martin Besfamille, Philippe De Donder et Jean-Marie Lozachmeur
vol. 15, n° 6, 2013, p. 856–883
