This paper tests the impact of competition on the hiring process in the French retail sector. Following the Becker …'s theory, higher the competition, lower is discrimination. Using local Herfindhal-Hirschman indexes, a correspondence study … ensures to observe how competition affects discrimination. A strong employment gap is observable between French natives and …

promotion system for French academics to look at women's attitudes towards competition in an actual labour market. Using data … for academic economists over the period 1991-2008 we find that, conditional on entering the competition, there is no …

expectations in the sense that any other expectations justifying his choices imply a smaller likelihood for the history he observes … with limited memory, then there are rationally formed expectations equilibria exhibiting an excess volatility that no … rational expectations equilibrium can match. Given that the limited records or finite memory case may arguably be the relevant …

rules and institutions they face. This allows to proxy the bailout expectations in both countries and their role in … determining soft budget spending behaviors. A larger impact of expectations is taken as evidence of greater discretion in fiscal … soft budget constraints and bailing out expectations are a quantitatively important component of local government spending …

This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using …

-1979) classical, but restrictive, assumptions of rational expectations and perfect foresight. It deals with sequential financial …