We evaluate the wage impact of the strong and rapid increase in schooling levels experienced by the cohorts born after WWII in France. In order to identify the causal effect of education, we exploit the fact that the small group of people graduating from elite education (Grandes Ecoles) remained...

In France as in the US, the participation of a mother in the labour market is influenced by the sex of her oldest siblings. Same-sex mothers tend to have more children and to work significantly less than the other mothers. In contast, the sex of the oldest siblings does not have any perceptible...

In this paper, we provide an axiomatic characterization of social welfare functions for uncertain incomes. Our most general result is that a small number of reasonable assumptions regarding welfare orderings under uncertainty rule out pure ex ante as well as pure ex post evaluations. Any social...

In France as in the US, the participation of a mother in the labour market is influenced by the sex of her oldest siblings. Same-sex mothers tend to have more children and to work significantly less than the other mothers. In contast, the sex of the oldest siblings does not have any perceptible...

In this paper, we provide an axiomatic characterization of social welfare functions for uncertain incomes. Our most general result is that a small number of reasonable assumptions regarding welfare orderings under uncertainty rule out pure ex ante as well as pure ex post evaluations. Any social...