Economics serving society

(February-March) 5 papers... in 5 minutes

February 2016

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Emission Intensity and Firm Dynamics: Reallocation, Product Mix and Technology in India- Geoffrey Barrows and Hélène Ollivier
The geography of greenhouse gas emissions has changed radically in recent decades and the emerging economies – China, India and Brazil – represent a growing part of global emissions, even if their per capita emissions remain relatively low compared with the industrialised countries...
Short link to this article: http://bit.ly/1QRWRJo

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A Simple Solution to Invalid Inference in the Random Coefficients Logit Model- Philipp Ketz
The “random coefficients logit model”, introduced in a seminal paper by Berry, Levinsohn, and Pakes (1995), is widely used by academics and practitioners to model the demand for differentiated products. Its popularity stems from its ability to produce realistic substitution patterns, while only requiring market level data, such as market shares and product characteristics...
Short link : http://bit.ly/1oJRkia

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Pour une combinaison politique monétaire / politique macroprudentielle au service de la stabilité économique et financière de la zone euro- Jézabel Couppey-Soubeyran and Salim Dehmej
The euro zone suffers from a lack of “policy mix”, that is to say, from the lack of a joint use of monetary and budgetary levers. Monetary policy carries all the weight of macroconjunctural adjustment, while national budgetary policies are rendered ineffective by the crisis and the budgetary austerity that is the European Commission’s preferred response...
Short link to this article: http://bit.ly/24pGWyZ

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The Social Effects of Ethnic Diversity at the Local Level: a Natural Experiment with Exogenous Residential Allocation - Yann Algan, Camille Hémet and David Laitin
One of the most significant challenges that modern societies face, and at the same time one of our greatest opportunities, is the growing ethnic and social diversity in most developed countries” Robert Putnam (2007).
The notion of diversity refers to the fact that members of a community differ in certain characteristics linked to ethnic origin, socio-economic status and culture...
Short link to this article: http://bit.ly/1VJxYHG

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Capital Imports Composition, Complementarities, and the Skill Premium in Developing Countries - Ohad Raveh and Ariell Reshef
Many developing countries in the 1980s and 1990s went through a process of trade liberalization, allowing access to their domestic markets as well as gaining access to foreign ones. This led to an expansion of import and export activity...
Short link: http://bit.ly/1LHNhYm


March 2016

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Public persuasion- Marie Laclau and Ludovic Renou
How do publicity campaigns manage to convince consumers to buy certain products? How do public media appearances persuade voters to voter for a man or woman in politics? How do national health campaigns persuade individuals to stop smoking, be vaccinated, or take up exercise? ...
Short link to this article: http://bit.ly/1ruhDde

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Export price adjustments under financial constraints - Angelo Secchi, Federico Tamagni and Chiara Tomasi
Recent research has shown that the lack of proper financial resources affect a firm’s behavior in international markets along a few dimensions. Indeed, for financially constrained firms the probability to enter a market abroad, the number and the volume of goods exported and the number of trading partners tend to be all lower than for unconstrained firms...
Short link to this article: http://bit.ly/1Uy31oN

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Spousal Retirement: a Regression Discontinuity Study - Elena Stancanelli
Ageing populations and growing budgetary pressures have pushed most OECD countries to introduce reforms aimed at extending working life, particularly by increasing the legal age of retirement. France was the pioneer in this measure...
Short link to this article: http://bit.ly/1TlidjG

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Recursive games: uniform value, Tauberian theorem and the Mertens conjecture- Xiaoxi Li et Xavier Venel
The model called “stochastic games” was introduced by Shapley in 1953 in order to simulate the interaction between several agents in a dynamic model. In numerous economic situations, agents’ decisions have a double influence: an influence on their immediate gains and an influence on those that they might obtain in the future...
Short link to this article: http://bit.ly/1W6L8hX

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Households in Times of War : Adaptation Strategies during the Nepal Civil War - François Libois
Among the costs of war, human losses and physical destruction are the first that come to mind, but the results of conflict are much broader. Many individuals who are not directly affected by the violence modify their decisions and adapt to the increased insecurity. Adaptation strategies can be quite different depending on social category...
Short link to this article: http://bit.ly/1OdRHre