It is shown that backward-forward procedure which selects solutions in dynamic models with rational expectations may fail to give a solution when the lags are of order two.

This paper reviews the literature on the impact of work on health. We consider work along two dimensions: (i) the intensive margin, i.e. how many hours an individual works and (ii) the extensive margin, i.e. whether an individual is in employment or not, independent of the number of hours...

In France, a significant number of General Practitioners (GPs) earn less than 1.5 times the French minimum salary. Using a representative panel of self-employed GPs over the years 1993-2004, this paper tests whether these low-income GPs choose to work less than all other GPs or whether they are...

This paper focuses on the trade-off between formal care and informal care for disabled elderly people living at home in France. Using data from the French\ Handicap Santé Ménages " survey (2008), we try to answer the question of the effect of an increase in formal home care hours on the...

This article focus on the trade-off between work and informal care among women aged 50 to 65. We first specify a simple time allocation model assuming a substitution between the two activities trough the time constraint but also a complementarity trough the agent’s preferences. From the two...

This paper focuses on the trade-off between formal care and informal care for disabled elderly people living in the community. We propose a simple microeconomic model which describes the simultaneous decision process between potential informal caregivers and disabled elderly person living at...