In this research, we introduce information structure as a variable to explain differences in salary profiles and rates of separation among firm.

Historique et reflexif, ce travail reexamine les theses et les debats les plus saillants de la methodologie economique au XXeme siecle jusqu'a 1970 environ. Il s'attache plus particulierement a la periode de l'entre-deux geurres et de l'immediat apres-guerre. Il traite successivement de...

We built a portfolio choice model in which agents are heterogeneous and possibly draw systematic rational forecast errors.

The high persistence of the PPP deviations is well documented in empirical work about real exchange rates. Our paper explores the possibility that, in presence of e.g. shipping costs, a nonlinear representation is more relevant for the real exchange rate.

If the allocation of a differential information economy are defined as incentive compatible state - contingent lotteries over consumption goods, competitive equilibrium allocations exist and belong to the (ex ante incentive) core. Furthermore, any competitive equilibrium allocation can be viewed...

Central to an understanding of how foreign exchange markets work is the nature of the expectations formation process. Of particular interest are the potentially stabilising of destabilising nature of these expectations. In this paper we use a unique disaggregate expectations data base to model...

Dans ce papier, on se propose de montrer qu'il est possible d'employer en premiere approximation, dans un cadre temporel stationnaire, la technique d'analyse factorielle statique (seulement adaptee a priori a des donnees individuelles) et d'en deriver une procedure de test du nombre de facteurs...