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...

[fre] Doit-on craindre que des « fractures spatiales » soient induites par les transformations de l'économie ? Dès 1967, en termes plus mesurés époque oblige le chef du service régional et urbain du Commissariat Général du Plan considérait que « les inégalités importantes et...

While most of the literature on employment protection has focused on government-mandated severance pay, it has recently been documented that a substantial share of severance payments derives from private contracts or collective agreements. This paper studies the determination of these payments....

This study evaluates the impact of an increase in childcare subsidies on the use of paid childcare and the participation rate of mothers of preschool children. We use a natural experiment provided by the PAJE, a French reform in family allowances introduced in 2004. This reform temporarily...

The assumption that consumers are fully rational and hold correct expectations over prices is demanding in dynamic settings. We claim that it is testable provided that market-level data on prices and purchases are available. We find that consumers hold simple expectations on the timing of...

The basic assumption of a structural VARMA model (SVARMA) is that it is driven by a white noise whose components are uncorrelated (or independent) and are interpreted as economic shocks, called "structural" shocks. These models have to face two kinds of identification problems. The first...

We analyze the effects of large war episodes (world wars) on the macroeconomic dynamics of four advanced countries (France, Germany, the UK and the U.S.) using a structural small open economy model estimated with Bayesian techniques. Our dataset is taken from Piketty and Zucman (2014) and goes...