Jump to navigation
James K. Hammitt et Tuba Tuncel
n° 23-1416, mars 2023
Individuals’ monetary values of decreases in mortality risk depend on the magnitude and timing of the risk reduction. We elicited stated preferences among three time paths of risk reduction yielding the same increase in life expectancy (decreasing risk for the next decade, subtracting a constant...
Abdelaati Daouia, Gilles Stupfler et Antoine Usseglio-Carleve
vol. 10, n° 3, mars 2023
Superspreading has been suggested to be a major driver of overall transmission in the case of SARS-CoV-2. It is therefore important to statistically investigate the tail features of superspreading events (SSEs) to better understand virus propagation and control. Our extreme value analysis of...
Christian Bontemps, Cristina Gualdani et Kevin Remmy
n° 23-1415, mars 2023
We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We show...
Tuan Anh Luong, Manh-Hung Nguyen, N.T. Khuong Truong et Kien Le
vol. 77, mars 2023, p. 326–336
This paper investigates the extent to which individual migration decisions in Vietnam can be driven by climate change, based on the historical rainfall data from 70 weather stations in Vietnam and the Vietnam Access to Resources Household Survey. Utilizing the exogenous variation in the rainfall...
Elias Carroni, Andrea Mantovani et Antonio Minniti
vol. 138, mars 2023, p. 238–253
This paper examines the signaling role of prices in a context of salient thinking. Consumers cannot observe product quality directly, and they focus on the product attribute – either quality or price – that stands out in the market. Our analysis shows that salience considerations mitigate the...
Jeffrey A. Friedman
vol. 8, n° 1, mars 2023
Le présent article évalue les idées progressistes qui émergent au sujet de la grande stratégie des États-Unis. L'hypothèse distinctive de l'analyse des progressistes est que l'inégalité structurelle nuit aux intérêts nationaux des États-Unis. Pour remédier à ce problème, les progressistes suggèrent...
Maxime Derex et Thomas J. H. Morgan
sous la direction de Jamshid J. Tehrani, Jeremy Kendal et Rachel Kendal, Oxford University Press, février 2023
Human adaptation relies on the multigenerational transmission and accumulation of both skills and knowledge. Nonetheless, there is currently no agreement on which factor, or combination of factors, explains our peculiar ability to do so. Theoretical and empirical work, however, has identified many...
Perrin Lefebvre et David Martimort
février 2023
Jean-Charles Rochet et Bruno Biais
n° 23-1413, février 2023
Taxing financial transactions is often advocated for Pigouvian reasons, when financial speculation is supposed to generate inefficiencies. We adopt instead a Mirrleesian approach, and study the optimal taxation of financial transactions when financial markets are efficient, but the tax system is...
Hans Gersbach, Jean-Charles Rochet et Ernst-Ludwig von Thadden
n° 23-1412, février 2023
This paper studies the impact of corporate political influence on fiscal policy. We in-troduce different interest groups, firms and households, into a simple growth model with incomplete markets and heterogeneous agents. Firms face non-insurable id-iosyncratic productivity shocks. They finance their...
