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Elodie Djemaï
n° 09-120, novembre 2009
This paper empirically analyzes the influence of road proximity on HIV-infection using geographical data on road infrastructure and the Demographic and Health Surveys collected in six African countries. Firstly we show that living in proximity to a major road increases the individual risk of...
Farid Gasmi et Juan Daniel Oviedo
n° 09-121, novembre 2009
This paper develops a simple model in which a regulated (upstream) transporter provides capacity to a marketer competing in output with an incumbent in the (downstream) gas commodity market. The equilibrium outcome of the firms' interaction in the downstream market is explicitly taken into account...
Astrid Hopfensitz et Tanja Wranik
n° 09-122, novembre 2009
Investment behavior is traditionally investigated with the assumption that it is on average advantageous to invest. However, this may not always be the case. In this paper, we experimentally studied investment choices made by students and financial professionals facing alternately an advantageous...
Astrid Hopfensitz, Michal Krawczyk et Frans Van Winden
n° 09-123, novembre 2009
This experimental study is concerned with the impact of the timing of the resolution of risk on investment behavior, with a special focus on the role of affect. In a between-subjects design we observe the impact of a substantial delay of risk resolution (2 days) on investment choices. Besides the...
Martial Dupaigne et Patrick Fève
n° 09-114, novembre 2009
We use Structural Vector Autoregressions to study the impact of technology improvements on hours worked in the major seven countries. While previous studies estimate the response of labor input to permanent shocks to country -level labor productivity, we consider the response of labor input to...
Emmanuelle Auriol et Michael Walters
n° 09-110, novembre 2009
In this paper we propose estimates of the marginal cost of public funds (MCF) in 38 African countries. We develop a simple general equilibrium model that can handle taxes on five major tax classes, and can be calibrated with little more than national accounts data. Our base case estimate of the...
Roland Bénabou et Jean Tirole
n° 09-109, novembre 2009
Society’s demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the “psychology and economics” of prosocial behavior to shed light on this trend, which...
Stephan Von Cramon-Taubadel
Toulouse, France, novembre 2009
Alexander Guembel et Silvia Rossetto
vol. 67, n° 2, novembre 2009, p. 736–744
Astrid Hopfensitz
vol. 746, novembre 2009