The possibility of carbon leakage arises when there is an asymmetry in climate policies across countries. A Border Carbon Adjustment (BCA) and a Border Tax Adjustment (BTA) are considered effective instruments to tackle this leakage. Using the Melitz trade model with firm heterogeneity, we study...

[eng] Game Theory offers the natural tool for a theoretical analysis of markets. Its usefulness becomes evident in the analysis of imperfect competition. To illustrate this theme we first examine the analysis of price competition stemming from the Bertrand- Edgeworth model which has led to the...

[eng] Educational Choices, General Equilibrium and Economic Growth, . by Antoine d'Autume.. . A proper understanding of the role of human capital in economic growth is best achieved in a framework where microeconomic educational choices are imbedded in a general equilibrium model. We therefore...