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Hervé Guyomard et Vincent Réquillart
5 octobre 2009
Thomas-Olivier Léautier
Alain Ayong Le Kama, Mouez Fodha et Gilles Lafforgue
n° 09-095, 2 octobre 2009
Following the IPCC's report (2005), which recommended the development and the use of carbon capture and sequestration (CCS) technologies in order to achieve the environmental goals, defined by the Kyoto Protocol, the issue addressed in this paper concerns the optimal strategy regarding the long-...
Christian Gollier et Sébastien Pouget
n° 09-081, septembre 2009
We examine the functioning of financial markets when firms can invest in socially responsible activities that produce an externality at a cost. We examine a model in which some investors are altruistic in the sense that they internalize the assets' extra-financial performance when they value their...
Christoph Rothe
n° 09-79, septembre 2009
In this paper, we study the effect of a small ceteris paribus change in the marginal distribution of a binary covariate on some feature of the unconditional distribution of an outcome variable of interest. We show that the RIF regression techniques recently proposed by Firpo, Fortin, and Lemieux (...
Rabah Belaid, Farid Gasmi et Laura Recuero Virto
n° 09-089, septembre 2009
De nombreuses études récentes ont montré que la qualité des institutions d’un pays est un facteur explicatif important de son développement économique. Des études empiriques ont mis en évidence une relation positive entre la qualité des institutions et la performance des politiques de réforme...
Farid Gasmi et Laura Recuero Virto
n° 09-092, septembre 2009
This paper has two related objectives. First, it seeks to identify the key determinants of some policies that have been at the heart of the reforms of the telecommunications industry in developing countries, namely, liberalization, privatization, and the (re)structuring of regulation. Second, it...
Oleg Shchetinin
n° 09-093, septembre 2009
The paper studies the impact of altruism on Agent’s motivation in the career concerns model. The paper shows the new channel of interaction between intrinsic and extrinsic motivation. The common point in the literature is that intrinsic motivation can be crowded out by the extrinsic incentives. My...
Jean-Pierre Florens, Jan Johannes et Sébastien Van Bellegem
n° 10-167, septembre 2009
We consider the semiparametric regression Xtβ+φ(Z) where β and φ(·) are unknown slope coefficient vector and function, and where the variables (X,Z) are endogeneous. We propose necessary and sufficient conditions for the identification of the parameters in the presence of instrumental variables. We...
Abdelaati Daouia, Jean-Pierre Florens et Léopold Simar
n° 10-168, septembre 2009
In production theory and efficiency analysis, we are interested in estimating the production frontier which is the locus of the maximal attainable level of an output (the production), given a set of inputs (the production factors). In other setups, we are rather willing to estimate an input (or...