This paper investigates the joint impact of the European Union Emissions Trading System (EU ETS), Europe’s main climate change policy, on carbon emissions and economic performance of regulated companies. The impact on emissions is analysed using installation-level carbon emissions from...

This paper examines an industry whose economic activity uses a natural capital on which its profit also relies. When such a productive natural capital has a limited capacity to recover from its exploitation, a free market tends to over-exploit it, calling for public intervention. The analysis is...

Grâce à un système de protection sociale très développé, le taux de pauvreté moyen est peu élevé en France. Toutefois, comme dans d’autres pays, la pauvreté est fortement concentrée dans certains quartiers. Leurs habitants sont confrontés à de nombreux handicaps sur le plan social...

Le système de santé français offre des soins de haute qualité. Les résultats moyens sur le plan de la santé sont bons, le public est très satisfait du système de santé et les restes à charge sont en moyenne faibles. Comme dans d’autres pays de l’OCDE, le progrès technologique...

Control over digital transactions has steadily risen in recent years, to an extent that puts into question the Internet’s traditional openness. In order to investigate the origins and effects of such change the paper formally model the historical evolution of digital control. In the model, the...

This Working Paper contains the contributions written in English forthcoming in a Special Issue of the Journal of Industrial and Management Economics / Economia e politica industriale (39, (2), 2012 ). The title (and the topic) of the whole Special Issue is “Competitiveness in Manufacturing:...

In matching theory of contracts the substitutes condition plays an essential role to ensure the existence of stable matchings. We study many-to-many matchings where groups of individuals, of size possibly greater than two, are matched to a set of institutions. Real-world examples include orphan...

This paper addresses revolutionary changes in the education, fertility and market work of U.S. families formed in the 1870s-1920s: Fertility fell from 5.3 to 2.6; the graduation rate of their children increased from 7 to 50 percent; and the fraction of adulthood wives devoted to market-oriented...

L’offerta imprenditoriale ha un impatto rilevante sull’economia e condiziona in modo significativo l’evoluzione della società. Come è noto, la creazione di nuove imprese contribuisce a diffondere l’innovazione, a sostenere lo sviluppo nel lungo periodo e ad alimentare la concorrenza....