This paper studies the statistical properties of impulse response functions in structural vector autoregressions (SVARs) with a highly persistent variable as hours worked and long-run identifying restrictions. The highly persistent variable is specified as a nearly stationary persistent process....

Afluent households can respond to taxation with means that are not economically viable for the rest of the population, such as sophisticated tax plans and international tax arbitrage. This paper studies an economy in which an inequality-averse social planner faces agents who have access to a...

How to motivate academically struggling students? For those tracked in the vocational stream in France, two alternatives paths are competing: full-time vocational training and apprenticeship. Little research has been done on comparing the effectiveness of these two competing templates as ways to...

What can evolutionary biology tell us about male-female differences in preferences concerning family matters? Might mothers be more solicitous toward offspring than fathers, for example? The economics literature has documented gender differences—children benefit more from money put in the...

This work studies how the introduction of competition to the side of the market offering trading contracts affects the equilibrium investment profile in a bilateral investment game. By using a common agency framework, where contracts are not exclusive, we find that the equilibrium investment...

This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...

We study the role of status in an experimental Principal-Agent game.Status is awarded to subjects based on either talent or luck. In each randomly matched principal-agent pair, the principal chooses the agent's status-contingent piece rate for a task in which talent matters for performance (an...

By combining standardized calculation methods for total noise levels and monetary estimates from well established evaluation methods, this study outlines a model to estimate the short run marginal cost (SRMC) for road and railway noise that is able to differentiate not only modes of transport,...

This paper studies the determination of informal long-term care (family aid) to de- pendent elderly in a worst case scenario concerning the harmonyof family relations. Children are purely sel…sh, and neither side can make credible commitments (which rules out e¢ cient bargaining). The model is...

We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...