En génétique des populations, les modèles sont souvent complexes ce qui rend l'évaluation de la vraisemblance difficile, si ce n'est impossible. En revanche, des mécanismes de génération de données sont parfois disponibles ce qui explique pourquoi les méthodes d'inférence bayésienne...

The objective of this doctoral thesis is to put forth the role of psychology in the fluctuations of production, redistribution and inequalities. Our work is centered on two axes : i) the importance of psychology with regards to inequalities in determining individual beliefs about the role of...

This paper quantifies the effects on welfare of misspecified monetary policy objectives in a stylized DSGE model. We show that using inappropriate objectives generates relatively large welfare costs. When expressed in terms of ‘consumption equivalent’ units, these costs correspond to...

The recent observed decline of business cycle variability suggests that broad macroeconomic risk may have fallen as well. This may in turn have some impact on equity risk premia. We investigate the latent structures in the volatilities of the business cycle and stock market valuations by...

This paper studies the nonlinear adjustment between industrial production and carbon prices – coined as ‘the carbon-macroeconomy relationship’ – in the EU 27. We model carbon price returns and industrial production as nonlinear and state-dependent, with dynamics depending on the sign and...

his paper develops a model of carbon pricing by considering two fundamental drivers of European Union Allowances : economic activity and energy prices. On the one hand, economic activity is proxied by aggregated industrial production in the EU 27 (as it provides the best performance in a...

Using the structural unobserved component (UC) modeling, this study will analyze the Senegalese economic growth path after 5 decades of independence by focusing on the potential output, the GDP cycle, and the type of shocks on the GDP. Empirical evidence suggests that an inventory cycle mainly...

Managers in the fundraising and public sectors face the constant challenge of soliciting donations from a population who may or may not have donated before. Rather than merely asking respondents what they wish to donate, it is standard practice to present a set of suggested amounts – the...

Using several unique data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness and the impact of wage-setting institutions on wage rigidity. First, the average duration of wages is a little less than one year and around 10 percent of...

Poisson processes are used in various application fields applications (public health biology, reliability and so on). In their homogeneous version, the intensity process is a deterministic constant. In their inhomogeneous version, it depends on time. To allow for an endogenous evolution of the...