If firms and workers are free to move within a country, they will choose to locate in areas where local attributes enhance their productivity. In equilibrium, however, differences in local productivity should be offset by higher local prices. In this paper, I estimates both local sectoral cost...

We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...

The last 20 years have seen a significant evolution in the literature on horizontal inequity (HI) and have generated two major and "rival" methodological strands, namely, classical HI and reranking. We propose in this paper a class of ethically flexible tools that integrate these two strands....

In exchange economies where agents have private information, strategy-proof social choice functions defined on large domains of preferences, are not efficient. We provide a restricted domain of preferences, namely the set of generalized Leontief utility functions, where there exist mechanisms...

The purpose of this paper is twofold. First, we construct a DSGE model which spells out explicitly the instrumentation of monetary policy. The interest rate is determined every period depending on the supply and demand for reserves which in turn are affected by fundamental shocks: unforeseeable...

PelicanHPC is a rapid (around 5 minutes, when you know what you're doing) means of setting up a high performance computing (HPC) cluster for parallel computing using MPI. This tutorial gives a basic description of what PelicanHPC does,  addresses how to use the released CD images to set up a...

In general terms key sectors analysis aims at identifying the role, or impact, that the existence of a productive sector has in the economy. Quite a few measures, indicators and methodologies of varied complexity have been proposed in the literature, from multiplier sums to extraction methods,...

A social choice function is group strategy-proof on a domain if no group of agents can manipulate its final outcome to their own benefit by declaring false preferences on that domain. Group strategy-proofness is a very attractive requirement of incentive compatibility. But in many cases it is...

In the light of first-hand data from a Beninese urban household survey in Cotonou, we investigate several motives aiming to explain participation in Rotating Savings and Credit ASsociations. We provide anecdotal pieces of evidence, descriptive statistics, FIML regressions and matching estimates...

We investigate experimentally whether preferences over an outcome depend on what other possible outcomes of the situation under consideration are, i.e. whether choices are "menu dependent". In simple sequential games we analyze whether reactions to a certain benchmark oucome are influenced by...