Arguments are presented in the case of Eastern European transition countries for combining the restructuring of insolvent pay-as-you-go retirement systems with the introduction of mandatory, private, funded pensions. They involve the reduction of dead-weight loss, the return to formal activity...

Le debat sur l'avenir des retraites se limite trop souvent a deux acteurs , le marche et l'Etat (et a deux systemes, la repartition et la capitalisation), en oubliant la famille, ou plutot les familles diverses, selon leurs moyens financiers, la pregnance des contraintes de liquidite, mais aussi...

This paper studies the relationships between determinacy and stability under recurdive learning of rational expectations equilibria. The analysis is carried out within a non-stochastic linear temporary general equilibrium framework with predetermined variables (or memory). Determinacy of the...

Ce texte presente un questionnaire experimental concernant les comportements face a l'incertain et a l'avenir. Il est pose a un millier d'individus volontaires, tires de l'echantillon de l'enquete "patrimoine 1997" effectue par l'insee. A travers plus de 80 questions balayant divers domaines de...

This paper presnets first empirical results on moral hazard in demand for physician services, using a longitudinal dataset on 4578 individuals followed during two years. The data set contains two subgroups, one for which a copayment rate of 10% for physician visits was introduced in 1994, and an...