We study the adoption of lean production in American manufacturing for the past fifteen years. It is based on an intensification of work and is accompanied by an increase of occupational injuries and illnesses. Thus, for detailed manufacturing industries, we proxy reorganization by an indicator...

Les lois de conservation restent peu utilisees en economie. Cette note offre une nouvelle version du theoreme de Noether adaptee au contrat optimal, methode d'optimisation dynamique la plus souvent retenue en economie theorique. Ce theoreme permet de determiner des quantites invariantes le long...

This paper departs from John Roemer's theory of equality of opportunities. We seek to determine what part of observed outcome inequality may be attributed to differences in observed "circumstances", including family background, and what part is due to "personal efforts". We use a...

We study efficiency properties of allocations and equilibria in dynamic stochastic economies with finitely lived agents. Efficiency is assessed to the concept of interim optimality which considers the agents' welfare at their birth date in every possible circumstance which may occur at that...

This paper analyzes how political institutions, wealth distribution and economic activities affect each other during the process of development. A simple general equilibrium model of rent-seeking political elites with two productive sectors (modern and traditional) is presented.