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27 octobre 2011
26 octobre 2011
19 octobre 2011
Augustin Landier et David Thesmar
12 octobre 2011
Paul Seabright
10 octobre 2011
5 octobre 2011
4 octobre 2011
Thomas-Olivier Léautier
n° 10-153, septembre 2011, révision 19 août 2012
This article formally analyzes the causes of underinvestment in electric power generation, and the various corrective market designs that have been proposed and implemented. It yields four main analytical findings. First, using a simple numerical example, (a linear demand function, calibrated on...
Baptiste Massenot et Stéphane Straub
n° 11-254, septembre 2011
A standard view holds that removing barriers to entry and improving judicial enforcement would reduce informality and boost investment and growth. We show, however, that this conclusion may not hold in countries with a concentrated bank- ing sector or with low financial openness. When the formal...
Helmuth Cremer, Firouz Gahvari et Norbert Ladoux
n° 11-256, septembre 2011
This paper examines if an energy price shock should be compensated by a reduction in energy taxes to mitigate its impact on consumer prices. Such an adjustment is often debated and advocated for redistributive reasons. Our investigation is based on a model that characterizes second-best optimal...
