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Increasing skill premium and skill supply - steady state effects or transition?
I challenge the existing literature that claims that strongly biased technology is necessary to observe a simultaneous increases in the skill supply and the skill... -
Risk, Cooperation and the Economic origins of social Trust: an empirical Inve...
Extensive research has documented the importance of social trust for economic development, yet the origins of trust remain largely unexplored. This paper examines the... -
Waiting to Imitate: On the Dynamic Pricing of Knowledge
We study the problem of an inventor who brings to the market an innovation that can be legally copied. Imitators may 'enter' the market by copying the innovation at a... -
La diversité : esquisse de critique sociologique
This note proposes a deconstruction of the notion of diversity, which is more and more frequently used. This is done by making explicit the historical contexts in... -
Promising the right prize
Prizes are often awarded to encourage research on products deemed of vital importance. We present a mechanism which can, in situations where the innovators are better... -
The intergenerational content of social spending : health care and sustainabl...
The paper endorses the thesis that current macro imbalances are partly due to an excess of household savings in China, whose origin is to be found among other things... -
Housing and the Labor Market: Time to Move and Aggregate Unemployment
The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in unemployment rates across countries but does not... -
Production externalities: internalization by voting
We study internalization of production externalities in perfectly competitive markets where production plans are decided by majority voting. Since shareholders want... -
Climate change and trade policy: From mutual destruction to mutual support
Contrary to what is still often believed, the climate and trade communities have a lot in common: a common problem (a global "public good") common foes (vested... -
The EU Preferential Trade Agreements: Defining Priorities for a Debt-Ridden, ...
The EU severe debt problem requires urgently the design and implementation of domestic pro-growth reform agendas in Europe. Opening markets to foreign competitors has... -
Quality sorting and trade: Firm-level evidence for French wine
Investigations of the effect of quality differences on heterogeneous performance in exporting have been limited by lack of direct measures of quality. We examine... -
Illusion der Bewegung - Eine Bilanz der französischen Wirtschafts- und Sozial...
Statt eines übergeordneten strategischen Konzepts prägt eine Vielzahl von Einzelmaßnahmen die Wirtschafts- und Sozialpolitik unter Nicolas Sarkozy. Zentrale... -
Re-industrializing the Eurozone
Real divergences in economic performances that emerge between countries belonging to the eurozone make it necessary to define an economic policy oriented toward a... -
Saving the Banks: The Political Economy of Bailouts
How much leeway did governments have in designing bank bailouts and deciding on the height of intervention during the 2007-2009 financial crisis? This paper analyzes... -
Mergers in the GB Electricity Market: Effects on Retail Charges
The opening up of the UK residential electricity sector in 1999 prompted several studies of the impact this had on both the level and structuring of retail charges,... -
Working poor in the EU : an exploratory comparative analysis
This article explores the determinants of working poverty in the European Union. At the individual and household level, the factors contributing to working poverty... -
The contested legitimacy of investment arbitration and the human rights ordeal
As attested by a growing body of literature1 and an increasing number of claims before arbitrators, the human rights ordeal now facing investment arbitration is the... -
La Loi sur la modernisation de l'économie et la distribution : faut-il tout e...
La loi sur la modernisation de l'économie (LME) a " pour ambition de relancer la concurrence ". Mais le projet de loi déposé se réduit, en fait, à une politique de... -
The variance of a rank estimator of transformation models
This note shows that the asymptotic variance of Chen's [Econometrica, 70, 4 (2002), 1683-1697] two-step estimator of the link function in a linear transformation model... -
Les conséquences inattendues de la puissance européenne
Le 25 octobre dernier, le Wall Street Journal publiait un violent réquisitoire contre l'Europe intitulé " Regulatory Imperialism ". Ce qui était mis en avant dans ce...
