We are concerned by the dynamic demographic and economic consequences of epidemics, and to this end, we consider a general overlapping generations model which allows for several epidemic configurations. People live for three periods, successively as children, junior adults and senior adults. A...

This paper contributes to the literature about tax havens by providing a more comprehensive analysis of their role. The aim is to analyze how low tax jurisdictions can react to growing international pressure exerted by high tax countries to enforce compliance with anti-tax planning standards. To...

Saving rates and household investment in stocks and business equity are all increasing in income and wealth. Introducing subsistence consumption to a common-across-households Epstein-Zin-Weil utility function is up to a quantitative explanation, in the context of stan- dardized parsimonious...

This paper studies how the choice of fixed or flexible exchange rate regimes is affected by the existence of intensive and extensive margins. We study two models where firms enter during or before each period of production. We show how the the choice of those regimes depend on the level and the...

We develop a model where workers both choose their residential location (geographical space) and social interactions (social space). In equilibrium, we show under which condition the majority group resides close to the job center while the minority group lives far away from it. Even though the...