We estimate a structural model of education choices in which individuals choose between a professional (or technical) and a general track at both high school and university levels using French panel data (Génération 98). The average per-period utility of attending general high school (about...

Relying on a correspondence study conducted in France before the 2015 attacks, this paper compares the callback rates of immigrants of Muslim and Christian culture who originate from the same country and whose religiosity varies from non-religious to religious. Based on responses to over 6,200...

This paper analyzes long-term trends in intergenerational earnings persistence in France for male cohorts born between 1931 and 1975. This time period has witnessed important changes in the French labor market and educational system, in particular an important compression of earnings...

Equilibria and optima generally differ in imperfectly competitive markets. While this is well understood theoretically, it is unclear how large the welfare distortions are in the aggregate economy. Do they matter quantitatively? To answer this question, we develop a multi-sector monopolistic...

The global nuclear power play seems to be changing form and altering courses with each passing day. The world has realised the enormous destructive potential of nuclear weapons and has even made reasonable room for curbing and containing their use in the past. However, whether or not the world...

In comparative legal scholarship, particularly comparative corporate law, the major studies are directed towards comparing the current legal provisions, while legal developments of these provisions are sporadically investigated. Still where such an attempt has been made, the arguments therein...

The implementation of the MiFID Directive in November 2007 results in the end of monopolies of European stock exchanges. Thus it introduces trades fragmentation: listed securities are no longer solely traded in the market which first listed them, but also in other stock exchanges or trading...

Controversy has surrounded the Iran nuclear deal since it was signed two years ago. Although the main stipulations of the agreement have been successfully implemented—Iran has so far complied with the restrictions on its nuclear program in return for the lifting of economic sanctions—the...

The impact of broadband Internet on employment is ambiguous, but empirical evidence is still limited. In this paper, we exploit data on a massive adoption of broadband Internet in France to investigate the impact of broadband Internet on employment. Using a fuzzy difference-in-difference...