Individual well-being is not driven only by income. For example, unemployment, bad health, or uncomfortable housing conditions are likely to worsen quality of life. Consequently such variables must be taken into account in order to measure individual well-being correctly, on the condition that...

During the 2008/2009 crisis French businesses were hit by a slump in domestic and world demand, while French banks encountered difficulties that may have encouraged them to tighten their credit conditions. This crisis strongly affected the number of business start-ups as well as the initial size...

The French cluster policy Pôles de compétitivité has been launched in 2004 to foster collaborations between firms, research institutions, and training institutions. Many firms taking part in these clusters have obtained subsidies to finance R&D collaborative projects involving other firms and...

Public debt is considered sustainable if discounted net repayments are expected to cover the initial debt issuance, i.e. if the government intertemporal budget constraint is expected to hold. With risk averse lenders and an uncertain economic environment, Bohn (1995) stresses that this...

This paper implements an affine term structure model that accommodates "unspanned" macro risks for the Euro area, i.e. distinct from yield-curve risks. I use an averaging-estimator approach to obtain a better estimation of the historical dynamics of the pricing factors, thus providing more...

This article provides evidence about how access to social housing affects living and accommodation conditions of households, using hedonic prices and stratified regression methods. First, I estimate the monthly monetary benefit of social housing tenants, which is the difference between the...

Many countries have reformed hospital reimbursement policies to provide stronger incentives for quality and cost reduction. The purpose of this work is to show how the effect of such reforms depends on the intensity of local competition. We build a nonprice competition model to examine the...

Since the late 70s and the first two oil shocks, many economic studies have explored the link between changes in oil prices and global economic growth. However, the causes of the variations in oil price have changed over this period. Thus the impact of these shocks on the economy may also...

Since the seminal paper by Chow and Lin the literature on temporal disaggregation has focused on temporal disaggregation of flow variables. Moreover, this literature on optimal methods has traditionally emphasized static models and forced all dynamic dimension of the link between time series to...

We use a 30-year longitudinal matched employer-employee database to describe the evolution of job stability by studying the duration of employment spells. The paper proposes two different perspectives aiming at describing and characterizing this evolution. Firstly, the analysis of survival rates...