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 Destinie model is a dynamic microsimulation model that has been developed and used at the French national statistical institute (INSEE) since the mid-1990s and whose main application is the analysis of pension policies. The paper presents the new version of the model that is progressively...

This work presents a methodology to evaluate user cost of capital using firm level accounting data for French firms between 1984 and 2002. This evaluation relies on a modelling of individual user cost of capital that accounts for the structure of the financing of the firm, banking interest rates...

We use the 1982 and 1993 reforms of the French pension system in the private sector to study the relationship between Social Security benefits and the well-being of the elderly between the late 70s and the beginning of the new century. Affecting people in a different way, depending on year of...

This paper presents some empirical evidence on the French labor market focusing on transitions between stable jobs, temporary work, unemployment and non-participation. The model used is based on a Markov chain mixture which allows to distinguish labor market histories that are confined to...

The Stiglitz report on the measurement of economic performance and social progress has been recently released. Part of this report is devoted to the issue of measuring sustainability. One of the sustainability indexes it considers is the concept of adjusted net savings (ANS). Compared to other...

This paper focuses on labor market transitions and especially on those involving fixed-term contracts. Our contribution is twofold: first, we provide an accurate measure of labor market transitions and focus on transitions from fixed-term contracts to open-ended contracts or unemployment...

Recent studies have tried to provide rigorous tests of causal effects of education levels on health status. Some of these studies show a significant causal impact of school-leaving age on mortality at later ages: their empirical strategy consists in using exogenous shocks on education levels...

This paper compares Frances export performances to those of five similar exporting countries (Germany, Spain, the United Kingdom, Italy and Japan). The analysis is decomposed by geographical destination of the exports (44 partner countries) and by sector (12 industrial sectors). Trade flows are...

The Destinie model is a dynamic microsimulation model whose main purpose is the long run projection of pensions both at the macro and micro levels. This document presents how such simulations can be built with the new version of the model. They do not rely on a closed ready-made program where...