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Aggregation, Efficiency and Mutual Fund Separation in Incomplete Markets
Detemple, Jérôme B.; Gottardi, Piero - Centre Interuniversitaire de Recherche en Analyse des … - 1997
This paper studies the conditions for aggregation, portfolio separation and effective completeness of competitive allocations in general equilibrium models with incomplete markets in which agents have general preference and endowment distributions. We show that these properties are distinct....
Persistent link: https://www.econbiz.de/10005100865
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Opportunity Costs, Competition, and Firm Selection
Atallah, Gamal - Centre Interuniversitaire de Recherche en Analyse des … - 2002
costs are endogenized by linking them to current efficiency. The effect of this interchangeability of skills is studied in … likely to crowd out efficient ones when the relationship between current efficiency and opportunity costs is strong, and when …
Persistent link: https://www.econbiz.de/10005169017
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Keep it Down: An Experimental Test of the Truncated Uniform Price Auction
Doyon, Maurice; Rondeau, Daniel; Mbala, Richard - Centre Interuniversitaire de Recherche en Analyse des … - 2009
dramatically improve the flow of information among market pareticipants and increase efficiency. On the other hand, prevailing …, affect buyer and seller behavior and to assess how it impacts efficiency. The results show that the T-UPA significantly … lowers the equilibrium price and results in moderate efficiency losses. Most importantly, the T-UPA effectively counters the …
Persistent link: https://www.econbiz.de/10008565455
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Les innovations en matière de politiques économiques et leur incidence sur la productivité Leçons pour le Québec
Aubert, Benoit A.; Landry, Simon; Patry, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2004
This description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005079402
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Les innovations en matière de politiques économiques et leur incidence sur la productivité Le cas de l'Irlande
Aubert, Benoit A.; Landry, Simon; Patry, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2004
This description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005079420
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Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?
Dostie, Benoit; Léger, Pierre Thomas - Centre Interuniversitaire de Recherche en Analyse des … - 2011
the impact of training on productivity decrease dramatically with age, suggesting that incentives for firms to invest in …
Persistent link: https://www.econbiz.de/10009364567
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Using Innovation Surveys for Econometric Analysis
Mairesse, Jacques; Mohnen, Pierre - Centre Interuniversitaire de Recherche en Analyse des … - 2010
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of the data they contain and the challenge they pose to the analyst and the econometrician. We document the two uses that have been made of these data: the construction of...
Persistent link: https://www.econbiz.de/10008552854
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Les innovations en matière de politiques économiques et leur incidence sur la productivité Le cas de la Bavière
Aubert, Benoit A.; Landry, Simon; Patry, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2004
his description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005100452
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Les innovations en matière de politiques économiques et leur incidence sur la productivité Le cas de la Nouvelle-Zélande
Aubert, Benoit A.; Landry, Simon; Patry, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2004
his description, produced within the CIRANO research program on productivity, seeks to unearth the innovative economic …
Persistent link: https://www.econbiz.de/10005100458
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Environmental Regulation and Productivity: New Findings on the Porter Analysis
Lajeunesse, Richard; Lanoie, Paul; Patry, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 2001
total factor productivity (TFP) growth in the Quebec manufacturing sector. This allows us to investigate more fully the …: 1) the contemporaneous impact of environmental regulation on productivity is negative, 2) the opposite result is …
Persistent link: https://www.econbiz.de/10005100595