One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...

Virtue is modelled as an asset that women can use in the marriage market: since men value virginity in prospective mates, preserving her virtue increases a woman’s chances of marrying a high-status husband, and therefore allows for upward social mobility. Consistent with some historical and...

In this paper, the unilateral divorce law is modelled trough the combination of exclusive rights on the marriage dissolution and alternative compensation rules benefiting to the parent having custody of the children. Their influence are studied both in the short run (probability and efficiency...

Should income transfers be conditional upon personal characteristics of the potential recipients (the so-called “tagging”) or should they only be tied to reported incomes ? This question is addressed in a partial equilibrium setting distinguishing two types of jobs and a distribution of...

L’objectif de ce texte est de questionner les fondements normatifs des politiques d’activation, dans leur version Making Work Pay, afin de souligner les «préférences révélées » des décideurs politiques. Pour cela, nous montrons comment les théories de la justice de Rawls, Dworkin et...

The aim of this paper is to examine, both at partial and general equilibrium, the consequences of work sharing policies, when the wages, the length of the working time and the participation rates are endogenous, in an economy where workers get utility from leisure. It is shown that the effects...

This article addresses the important issue of anchoring in contingent valuation surveys that use the double-bounded elicitation format. Anchoring occurs when responses to the follow-up dichotomous choice valuation question are influenced by the bid presented in the initial dichotomous choice...

Consider an economy populated by males and females, both rich and poor. The society has to choose one of the following marriage institutions: polygyny, strict monogamy, and serial monogamy (divorce and remarriage). After having identified the conditions under which each of these equilibria...

L’objet de cet article est d’analyser l’effet de la corruption sur la mobilisation des recettes publiques. Une analyse économétrique sur données de panel (125 pays et couvrant la période 1980-2002) permet de ne pas rejeter l’hypothèse d’un effet négatif de la corruption sur les...

Employers and job seekers rely extensively on job informational networks to fill vacancies or to find a job. The widespread use of job contacts to find work has been largely associated with labor outcomes, such as finding a job or even affecting wages. Some scholars have claimed that informal...