Recherche avancée

Sean Ennis, Marc Ivaldi et Vicente Lagos

vol. 66, n° 2, mai 2023

This paper examines the impact of most favored nation (MFN) clauses on retail prices, taking advantage of two natural experiments that changed vertical contracting between hotels and major digital platforms. The broad E.U. intervention narrowed the breadth of “price parity” obligations between...

Ingela Alger, Laura Juarez, Miriam Juarez-Torres et Josepa Miquel-Florensa

vol. 37, n° 2, mai 2023, p. 205–220

This study presents evidence from a lab-in-the-field experiment, conducted in eight small, rural villages in Mexico, in which subjects choose to exert real effort to fund real health centers in their own and other localities. The results show that women are more willing than men to exert effort to...

Michele Bisceglia

vol. 71, n° 1, avril 2023, p. 1–46

Consider a three-tier industry with a monopolist supplying a manufacturer which sells its product to final consumers through two retailers. Contracts are linear and secret. Hence, upon receiving an out-of-equilibrium offer, each retailer must form a belief about the identity of the deviating...

Stefan Lamp

vol. 84, avril 2023, p. 1179–1219

This paper tests for the presence of behavioral biases in household decisions to adopt solar photovoltaic installations using exogenous variation in weather. I find that residential technology uptake responds to exceptional weather, defined as deviations from the long-term mean, in line with the...

Viktor Stojkoski, Philipp Koch et César Hidalgo

vol. 4, n° 130, avril 2023

To achieve inclusive green growth, countries need to consider a multiplicity of economic, social, and environmental factors. These are often captured by metrics of economic complexity derived from the geography of trade, thus missing key information on innovative activities. To bridge this gap, we...

Anne Briand, Arnaud Reynaud, Franck Viroleau, Vasileios Markantonis et Giuliana Branciforti

vol. 28, avril 2023, p. 259–272

We develop a dynamic computable general equilibrium (CGE) model to assess the macroeconomic impacts of water scarcity and water (in)security in South Africa. The CGE model which includes a detailed representation of water resources (surface water, groundwater, wastewater, and seawater) has been...

Laurent Miclo

vol. 27, avril 2023, p. 515 – 557

The random mapping construction of strong stationary times is applied here to finite Heisenberg random walks over ℤM, for odd M ⩾ 3. When they correspond to 3 × 3 matrices, the strong stationary times are of order M6, estimate which can be improved to M4 if we are only interested in the convergence...

Daniel F. Garrett, George Georgiadis, Alex Smolin et Balazs Szentes

vol. 209, n° 105621, avril 2023

This paper considers a moral hazard model with agent limited liability. Prior to interacting with the principal, the agent designs the production technology, which is a specification of his cost of generating each output distribution. After observing the production technology, the principal offers...

Georges Casamatta

vol. 138, n° 3, avril 2023, p. 195–219

We consider an infinite-horizon economy populated by two types of individuals, some individuals being more productive than others. Individuals live one period and are altruistic toward their children. Assuming that the allocation received by a given individual depends only on his type and the one...

Claude Crampes, Norbert Ladoux et Jean-Marie Lozachmeur

n° 23-1460, avril 2023

We analyze a Pareto optimal income tax problem à la Mirrlees (1971) in which households consume three types of goods: energy goods, energy efficient investments and non-energy goods. The two main ingredients of our normative analysis are: i) an indirect relationship between energy and the...