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We investigate a model of one-to-one matching with transferable utility when some of the characteristics of the players are unobservable to the analyst. We allow for a wide class of distributions of unobserved heterogeneity, subject only to a separability assumption that generalizes Choo and...
Persistent link: https://www.econbiz.de/10011003828
Many econometric models can be analyzed as finite mixtures. We focus on two-component mixtures and we show that they are nonparametrically point identified by a combination of an exclusion restriction and tail restrictions. Our identification analysis suggests simple closed-form estimators of...
Persistent link: https://www.econbiz.de/10011245950
This article aims at understanding the interplay between pension schemes and tax instruments. The model features extensive labor supply in a stationary environment with overlapping generations and perfect financial markets. Compared with the reference case of a pure taxation economy, we find...
Persistent link: https://www.econbiz.de/10011003779
Persistent link: https://www.econbiz.de/10011146108
The 10th EUROFRAME1 Conference on economic policy issues in the European Union was held in Warsaw on 24 May 2013. The Conference topic was: “Towards a better governance in the EU?”. Twelve of the papers given at the Conference are released in this issue of the Revue de l’OFCE/Debates and...
Persistent link: https://www.econbiz.de/10011158509
En raison de la crise des dettes publiques, les projets visant à instaurer des règles budgétaires sont revenus au premier plan. Cette étude analyse leurs justi fications et les spécifications proposées, dans un cadre néo-classique, puis dans un cadre keynésien. Il n'y a aucune preuve...
Persistent link: https://www.econbiz.de/10011158511
La période d’avant-crise, comme la crise, ont mis en évidence les défauts d’organisation de la zone euro. Il est difficile d’avoir une monnaie unique entre des pays dont les conjonctures et les problèmes structurels diffèrent. La gouvernance mise en place (pas de garantie des dettes...
Persistent link: https://www.econbiz.de/10011158518
L’article sous-revue propose une évaluation de l’impact des exonérations de cotisations sur les bas-salaires telles qu’elles existaient en 2012. Nous nous proposons ici d’analyser les conclusions de l’article de trois points de vue : les évaluations qu’il propose de cet impact...
Persistent link: https://www.econbiz.de/10011158520
The 2007 crisis highlighted the drawbacks of the euro area framework which were already there from the launch of the single currency. There cannot be a single currency between countries with different economic situations and independent economic policies. Euro area governance (no public debts...
Persistent link: https://www.econbiz.de/10011158547
In June 2012 European Council launched the banking union as a new project expected to contribute to solve the euro area crisis. Is banking union a necessary supplement to monetary union or a new rush forward? A banking union would break the link between the sovereign debt crisis and the banking...
Persistent link: https://www.econbiz.de/10011158550