L'industrie de l'électricité subit une restructuration à l'échelle mondiale. La concurrence est introduite au niveau de la production alors que le transport et la distribution demeurent des monopoles réglementés par les gouvernements. Aux États-Unis, il y a déjà ouverture du marché de...

This paper develops the link between poverty and inequality by focussing on a class of poverty indices (some of them well-known) which aggregate normative concerns for absolute and relative deprivation. The indices are distinguished by a parameter that captures the ethical sensitivity of poverty...

We examine the sensitivity of poverty comparisons across countries with dissimilar household needs when equivalence scale parameters are varied. We use a sample of Spanish and British households, using both absolute and relative poverty lines. We sum up these comparisons using subjective...

This paper investigates the testable restrictions on the time- series behavior of equity premia implied by a representative agent model whose state- and time-non-separable preferences are subject to taste shocks. The model nests state- and time-separable preferences with and without taste shocks...

We develop a theoretical and an empirical analysis of the impact of imperfect targeting, participation costs and incomplete take-up upon the level of progressivity, vertical equity, horizontal inequity and redistribution exerted by state benefits. For this, we make use of well-known indices of...