In 1997, a new legislation banning below-invoice retail prices came into force in France. Individually negotiated discounts could no longer be passed on to consumers, which is equivalent to allowing industry-wide price oors. The anti-competitive effects of such practices are well-known. The...

The continuous innovation process experienced by the information technology industries over the last decades has caused the price of computer power to decrease dramatically. This has led many firms to invest massively in increasingly efficient computers. This paper is an attempt to assess the...

This paper investigates the substitution possibilities in the production function between capital and two labour inputs, skilled and unskilled workers. We estimate a very general system of factor demand at the firm level, using original panel data obtained by merging three different sources. We...

We estimate a conditional convergence equation derived from an augmented Solow model where human capital is defined as skilled labour. We implement Generalized Method of Moments (GMM) estimators on a panel of countries. Estimation is carried out on the model in levels instrumented by the lagged...

This paper provides evidence based on French macroeconomic data, that shocks on the cost of oil inputs are transmitted asymmetrically to the prices of fuel. We use an error correction model to estimate the dynamics of the transmission of the cost of crude oil expressed in French currency, to the...

We use microdata to examine the existence of downward wage rigidity in France, during the second half of the 90s. We use three annual datasets : a sample of the Déclarations Annuelles de Données Sociales, the Fiscal Income Survey and the Labour Force Survey. The first two sources, compiled on...