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Tradable pollution permits in dynamic general equilibrium: Can optimality and acceptability be reconciled?
Rotillon, Gilles; Jouvet, Pierre-André; Bréchet, Thierry - Université Paris-Dauphine (Paris IX) - 2013
sake of political acceptability. We first analyze the many adverse impacts of free allowances, and then we propose a policy …
Persistent link: https://www.econbiz.de/10010754231
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Migrants' Home Town Associations and Local Development in Mali
Mesplé-Somps, Sandrine; Mercier, Marion; Gubert, Flore; … - Université Paris-Dauphine (Paris IX) - 2015
This paper explores the impact of Malian migrants' Home Town Associations (HTAs) located in France on the provision of local public goods in Mali. To this end, we compute an original dataset on all the HTAs that have been created by Malian migrants in France since 1981 and geo-localize their...
Persistent link: https://www.econbiz.de/10011228193
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Return Migrants in Western Africa: Characteristics and Labour Market Performance
Robilliard, Anne-Sophie; Gubert, Flore; de Vreyer, Philippe - Université Paris-Dauphine (Paris IX) - 2009
Persistent link: https://www.econbiz.de/10010706765
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Inequality and migration: what different European patterns of migration tell us
Mouhoud, El Mouhoub; Oudinet, Joël - Université Paris-Dauphine (Paris IX) - 2010
Migration flows are often thought of as stemming from a reserve army of labour from developing countries, putting … migration flows among European countries and stresses their diversity through a combination of labour market factors in … the dynamics of European migration flows. The second part estimates a reduced form of model of the relative determinants …
Persistent link: https://www.econbiz.de/10011072749
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Migration and Determinants of Remittances to Southern Mediterranean Countries: when history matters! Insights of two new surveys
Mouhoud, El Mouhoub; Miotti, Luis; Oudinet, Joël - Université Paris-Dauphine (Paris IX) - 2009
In this paper we analyze the main determinants of migrant’s remittances by measuring directly the role of non observable variables related to subjective motivations and historical context of the emigration process. Subjective variables, such as attachment feeling and intent to return to the...
Persistent link: https://www.econbiz.de/10011073368
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Existence of Equilibria in Nonconvex Economies without Free Disposal
Jouini, Elyès - Université Paris-Dauphine (Paris IX) - 1992
In this paper we eliminate the free disposal assumption in a general equilibrium model in which the production sector may exhibit increasing returns to scale or more general types of nonconvexities and where the firms follow general pricing rules. Under standard assumptions in this framework, we...
Persistent link: https://www.econbiz.de/10010905150
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A Class of Models satisfying a Dynamical Version of the CAPM
Napp, Clotilde; Jouini, Elyès - Université Paris-Dauphine (Paris IX) - 2003
Under a comonotonicity assumption between aggregate dividends and the market portfolio, the CCAPM formula becomes more tractable and more easily testable. In this paper, we provide theoretical justifications for such an assumption.
Persistent link: https://www.econbiz.de/10010905244
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Equilibrium Pricing Bound on Option Prices
Jouini, Elyès; Chazal, Marie - Université Paris-Dauphine (Paris IX) - 2008
We consider the problem of valuing European options in a complete market but with incomplete data. Typically, when the underlying asset dynamics is not specified, the martingale probability measure is unknown. Given a consensus on the actual distribution of the underlying price at maturity, we...
Persistent link: https://www.econbiz.de/10010905368
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Payoff-dependant Balancedness and Cores
Bonnisseau, Jean-Marc; Iehlé, Vincent - Université Paris-Dauphine (Paris IX) - 2007
situations depending on an exogenous environment. A non-emptiness result for the equilibrium–core is also provided in the context …
Persistent link: https://www.econbiz.de/10010905386
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The macroeconomics of disequilibrium
Duménil, Gérard; Lévy, Dominique - Université Paris-Dauphine (Paris IX) - 1987
It is shown that it is possible to construct a disequilibrium microeconomics in which agents react to the evidence of disequilibrium (inventories, nonnormal ratio of capacity utilization, etc.). In a one good model, we describe the set of fixed points In addition to normal equilibrium, two...
Persistent link: https://www.econbiz.de/10011265515