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We study the relationship between social segmentation and income inequality by means of the economic theory of clubs with private provision of the club good. After having characterized the equilibrium partition of society in clubs and investigating its characteristics, we show how the clubs'...
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L'objectif de ce papier est, en premier lieu, d'analyser la dynamique induite par des chocs fiscaux dans un modele d'equilibre general intertemporel stochastique dans lequel l'hypothese d'equivalence ricardienne n'est pas verifiee (l'horizon des agents etant plus court que celui du...
Persistent link: https://www.econbiz.de/10005245453
We present a simple and direct proof for a nonlinear Leray-Schauder type alternative for a large class of condensing or compact set-valued maps, containing convex as well as nonconvex valued maps.
Persistent link: https://www.econbiz.de/10005776479
Notre reflexion dans ce papier concerne la relation entre les IDE, le capital humain et la croissance dans les pays en cours d'industrialisation. Ces pays hotes multiplient les politiques incitatives d'investissements, afin de beneficier le plus possibles des retombees positives des...
Persistent link: https://www.econbiz.de/10005776480
The purpose of this paper is to show that the lattice Sn of permutations on a n-element set is bounded. This result strengthens the semi-distributive nature of the lattice Sn. To prove this property, we use a characterization of the class of bounded lattices in terms of arrows relations defined...
Persistent link: https://www.econbiz.de/10005776481
This paper studies the determinants of location choice by foreign investors in France. A new sample of almost 4000 location choices over 10 years and 92 administrative locations is used to measure two important issues : To what extent do foreign investors cluster spatially and are the decision...
Persistent link: https://www.econbiz.de/10005776482
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In this paper, we show that the correspondence discovered by Koshevoy (1999) and, Johnson and Dean (1998) between anti-exchange closure operators and path independent choice operators is a duality between two semilattices of such operators. Then we use this duality to obtain old and new results...
Persistent link: https://www.econbiz.de/10005776484