Some five years after the severe recession of 2009, private sector investment in Europe is still dangerously sluggish. And public sector investment has been cut, reinforcing the downward trend seen over the past thirty years. In this paper, we discuss the complementarity between private and...

Depuis le milieu des annees soixante-dix, la position des travailleurs les moins qualifies sur les marches du travail des pays industrialises s'est singulierement devalorise. Encore majoritaires dans la population active, leur proportion decroît regulierement depuis vingt-cinq ans. Pourtant,...

We study the interplay between market structure and other domestic factors that affect the production and consumption decisions of agricultural families in Africa. We are interested in modeling the production allocation of factors of production to various cash and food crops and in how this...

This paper analyzes the transfer pricing of multinational firms. We propose a simple framework in which intra-firm prices may systematically deviate from arm's length prices for two motives: i) pricing to market, and ii) tax avoidance. Multinational firms may decide not to avoid taxes if the...

The academic interest around the well-known inequality-finance nexus has recently been the subject of a renewed attention. A recent, yet flourishing literature started pointing inequality as a possible cause credit bubbles, leading to financial crises. Based on the existing literature, this...

The sub-Saharan African (SSA) countries are excluded from the mega-deals (EU-USA, EU-Japan, China-Japan-Korea…) under negotiations: they might however undergo important economic impacts, as their exports remain dependant from those large markets. Using a dynamic Computable General Equilibrium...

We provide a systematic decomposition of world trade using a new database built on an harmonized version of Trade Unit Values, CEPII's database providing a world trade matrix of unit values for more than 230 countries and 5 100 products over the period 2000-2012. The decomposition allows to...

This work investigates the motivations behind the Chinese fiscal policy on exports. It relies on very detailed product level (HS 6 digit) data over the period 2002-12 covering both export tax and export VAT rebate. It aims to uncover the respective importance of the various policy motivations...