The paper studies the optimal tax-subsidy schedules in an economy where the only decision of the agents is to work, or not, with an application to the case of France. Copyright The Econometric Society 2005.

There has been little empirical work evaluating the sensitivity of fertility tonancial incentives at the household level. We put forward an identicationstrategy that relies on the fact that variation of wages induces variation inbenets and tax credits among \comparable" households. We implement...

A number of countries have recently implemented variants of a negative incometax, to push the less skilled members of the economy into work, or to make workpay in comparison with welfare benefits. In most cases, these measures haveresulted for the concerned groups in a decrease of the tax rates,...

In a second best environment, the optimal policy choice sometimesfollows the first best rules. This note lays down the information structureand separability assumptions under which this property holds in a varietyof setups.

Commentators have often linked the increase in births in France since 1995 to more generous family benefits. We study here empirically the link between fertility and financial incentives by estimating and simulating a joint structural model of participation and fertility on a sample of French...

We extend here our earlier work (Laroque-Salanie, 1989) and propose a dynamic simulated pseudo-maximum likelihood method to deal with a very general class of dynamic non-linear models, including models with lagged latent variables. We test this method on Monte Carlo-generated data for a...

The classical theory of commodity price determination integrates myopic supply and demand on the one hand with competitive storage (speculation) under rational expectations on the other. Taking into account the fact that inventories mist; be non-negative, this paper derives from the theory...

[fre] Une décomposition de 3,25 millions de personnes de 25 à 49 ans sans emploi à l’enquête Emploi de mars 1997 conduit à isoler trois composantes. La première regroupe les personnes qui ne souhaitent pas travailler, compte tenu de leur situation familiale, de leur état de santé, du...