The aim of this paper is to propose a theoretical connection between insurance and economic growth. We develop a simple model to insert microeconomically founded optimal insurance with moral hazard in a standard macroeconomic framework of optimal growth. We characterize the long-run equilibrium,...

Aux États-Unis, comme dans beaucoup de pays développés, la participation des femmes au marché du travail a fortement augmenté depuis plus de 4 décennies. Cette augmentation constante a compensé le déclin continu de la participation des hommes, ce qui a permis d’alimenter la croissance...

The aim of this short paper is to devise policies to avoid that the present course of globalization becomes so unstable that it would lead to a general rejection in both rich and poor countries. If we try to disentangle rhetoric from reality, globalisation is not exactly what we think it is. It...