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7 décembre 2009
Hippolyte d'Albis
Christian Gollier et Christian de Perthuis
4 décembre 2009
Sophie Fay
3 décembre 2009
Augustin Landier et David Thesmar
2 décembre 2009
Augustin Landier
Pierre Dubois et Ethan Ligon
n° 09-108, novembre 2009
Using data on individual consumption from farm households in the Philippines, we construct a direct test of risk-sharing within the household. We contrast the efficient outcomes predicted by the unitary household model with the outcomes we might expect if food consumption delivers not only utils,...
Christian Gollier et Martin L. Weitzman
n° 09-107, novembre 2009
It is not immediately clear how to discount distant-future events, like climate change, when the distant-future discount rate itself is uncertain. The so-called “Weitzman-Gollier puzzle” is the fact that two seemingly symmetric and equally plausible ways of dealing with uncertain future discount...