This paper investigates the provision of insurance to workers against search-induced wage uctuations. I rely on numerical simulations of a model of on-the-job search and precautionary savings. The model is calibrated to low skilled workers in the U.S.. The extent of insurance is determined by...

This paper presents a simultaneously study of the impact of gender and localization inequalities on the earnings of under-graduates. Using multilevel modeling, the framework draws both individual-level (i.e., pertaining to the individual elements of groups) and aggregate-level (i.e., pertaining...

We estimate the evolution of healthcare demand under the influence of income growth and population aging with two samples of patients surveyed in the same regions, but with an interval of 18 years in rural China and with mixed logit to deal with heterogeneity. In accordance with theoretical and...

La recherche “ Refipar ” s'est donnée pour objectif d'analyser les modalités de mise en oeuvre et l'impact de différents changements dans les hôpitaux français et italiens. Il s'est agit de cerner les attendus et les conséquences de ces changements tant au plan des relations...

Cette recherche s'attache à cerner les enjeux économiques pour la région Rhône-Alpes de la liaison transalpine et à pointer les éventuelles stratégies qui pourraient accompagner la mise en service de cette liaison, tant pour en accentuer les effets bénéfiques que pour tenter d'en...

The recent fi nancial crisis revealed several flaws in both monetary and fi nancial regulation. Contrary to what was believed, price stability is not a suffi cient condition for financial stability. At the same time, micro-prudential regulation alone becomes insu fficient to ensure the financial...

We introduce a new model for describing the fluctuations of a tick-by-tick single asset price. Our model is based on Markov renewal processes. We consider a point process associated to the timestamps of the price jumps, and marks associated to price increments. By modeling the marks with a...

Depuis 2010, la France connaît une multiplication de systèmes monétaires locaux qui s'apparentent à des monnaies citoyennes commerciales : ce sont les abeilles, mesures, heols, SOL violette, etc. L'intégration de commerces et de producteurs dans le cercle d'usage de la monnaie leur permet...

The aim of this project is to understand the main determinants of Southwest Airline's presence on U.S. domestic routes, over the period 2002 to 2007. A new dataset has been constructed, using quarterly and annual data from the U.S. Department of Transportation (DB1B and T100 Origin and...

This paper applies a social learning model to the optimal consumption rule of Allen & Carroll (2001), and delivers convincing convergence dynamics towards the optimal rule. These findings constitute a significant improvement regarding previous results in the literature, both in terms of speed of...