We analyze how bankruptcy laws affect the general equilibrium interactions between credit and wages. Soft laws reduce the frequency of liquidations and thus ex post inefficiencies, but they worsen credit rationing ex ante. This hinders firm creation and thus depresses labor demand. Rich agents...

We determine the optimal exploitation time-paths of two energy resources, one being depletable and polluting, namely a fossil fuel, the other being renewable and clean. These optimal paths are considered along with the two following features. First, the cumulative atmospheric pollution stock is...

Chemical contamination of fresh produce through pesticide spraying is considered a minor risk for consumer health. As a result, a high proportion of safety controls may be delegated to the private sector by public agencies. Private control is even greater when fresh produce is sold to...

Cost-benefit analysis (CBA) aims at estimating a monetary value for environmental or public health degradation. In a regulatory context, it should be seen as a complementary tool to risk assessment to aid public decision-making. CBA should therefore be particularly relevant in the governance of...

This paper examines the implications of an environmental policy for growth performances. We develop a model where growth is driven by human capital accumulation. Firms invest in research to develop new technologies to reduce their pollution emissions and education is treated as product which not...

Saltwater intrusion in coastal aquifers is one of the main causes of groundwater quality degradation. These intrusions are often due to excessive withdrawals in sensitive parts of coastal aquifers. The scope of this paper is to identify specific problems set by optimal management of such a...

Risk management has become a central issue in sanitary crises. Agro food firms have devised organizational responses to sanitary risks, usually implying better traceability. European Regulation 178/2002 established mandatory traceability. This paper provides a critical appraisal of the European...

This study examines the effect of road and railway noise on property prices. It uses the hedonic regression technique on a Swedish data set that contains information about both road and railway noise for each property, and finds that road noise has a larger negative impact on the property prices...

Ce numéro spécial traite principalement de l'origine des revenus dans les exploitations agricoles et plus, spécifiquement, de la pluriactivité. Il aborde la place de la femme en agriculture, la diversification des sources des revenus des ménages agricoles et la mutation des modèles de...