Many people who have migrated internally move again, often back to their earlier location. This paper examines these well-known phenomena using a French administrative data source, a panel sample taken from employers? annual declarations of tax and social security data (DADS). Descriptive...

This paper reports the results from a randomized experiment designed to evaluate the direct and indirect (displacement) impacts of job placement assistance on the labor market outcomes of young, educated job seekers in France. We use a two-step design. In the first step, the proportions of job...

This paper deals with the protest bids issue in choice experiments. In the context of the Water Framework Directive, we examined local residents’ preferences for water quality improvements at a specific river basin in France. We used the choice experiment method with site-specific attributes...

We show that the welfare costs of business cycles in a monetary union can be higher under incomplete financial markets than under complete markets. A monetary union with home bias, sticky prices and country-specific shocks is a second-best environment in which the structure of financial markets...

We propose a novel selectivity correction procedure to deal with survey attrition, at the crossroads of the “Heckit" and of the bounding approach of Lee (2009). As a substitute for the instrument needed in sample selectivity correction models, we use information on the number of attempts that...

At the beginning of 2008 was introduced in France a feebate on the purchase of new cars called the “Bonus/Malus”. Since January 2008, the less polluting cars benefited from a price reduction of up to 1,000 euros, while the most polluting ones were subject to a taxation of 2,600 euros. We...

In this paper we highlight the link existing between economic growth and inequality. Using the FH-DADS panel data set, resulting from the matching of Pôle Emploi (French National Employment Agency) historical database and the "Déclarations Annuelles de Données Sociales” data set (DADS), we...

In conditionally heteroskedastic models, the optimal prediction of powers, or logarithms, of the absolute value has a simple expression in terms of the volatility and an expectation involving the independent process. A natural procedure for estimating this prediction is to estimate the...

We consider the problem of testing a particular type of composite null hypothesis under a nonparametric multivariate regression model. For a given quadratic functional Q, the null hypothesis states that the regression function f satisfies the constraint Q[f] = 0, while the alternative...

Standard risk measures, such as the Value-at-Risk (VaR), or the Expected Shortfall, have to be estimated and their estimated counterparts are subject to estimation uncertainty. Replacing, in the theoretical formulas, the true parameter value by an estimator based on n observations of the Profit...