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101by Schubert, Katheline Published in Recherches économiques de Louvain (2006)“...The choice of a discount rate is central in project evaluation, all the more since the project?s horizon is distant. The controversy about the appropriate...”
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102by Julien, Ludovic Alexandre Published in Recherches économiques de Louvain (2006)“...General equilibrium models of coordination failures capture the rationale of decentralised private activities. Nevertheless, the modelling of decentralized...”
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103“...The aim of this paper is to evaluate to what extent more transparency can reduce the occurrence of speculative attacks. It proposes a survey of the literature...”
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104by Magnani, Riccardo Published in Recherches économiques de Louvain (2006)“...The objective of this paper is to analyse the impacts of the ageing of the Italian population on the economic system and in particular on the pension system in...”
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105“...In this paper, we design the optimal procurement mechanisms when bidders are privately informed on efficiency and on observable but neither verifiable nor...”
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106“...In this paper we consider a two-stage duopoly game where firms first decide whether to invest in advertising and then compete in prices. Advertising has two...”
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107
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108“...We consider a transferable quotas market in order to manage a renewable resource in an overlapping generations framework. Each agent can use or not the quotas...”
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109by Ouardighi, Jalal El Published in Recherches économiques de Louvain (2005)“...This paper analyzes the specialization dynamics of technological activities measured by patents over 221 European regions for the period 1989- 2000. The...”
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110by Maillot-Bugnon, Stéphanie Published in Recherches économiques de Louvain (2005)“...This article studies the role of an exclusive social insurance as a redistributive mechanism in presence of an optimal linear income tax. Agents differ in...”
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111“...La Persistance de l'Inflation dans les Modèles Néo-Keynésiens, by Mohamed Safouane Ben Aïssa and Olivier MusyWe derive the inflation dynamics implied by the...”
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112by Charlot, Olivier Published in Recherches économiques de Louvain (2005)“...The ageing of workers is a key factor to explain their different performance on the labour market. Employment rates by age are in general bell-shaped, whereas...”
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113by Boisson, Hélène Published in Recherches économiques de Louvain (2005)“...We characterize the optimal regulation contract of a monopoly with two private information parameters of adverse selection (productivity and polluting...”
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114by Le Garrec, Gilles Published in Recherches économiques de Louvain (2005)“...We study in an OLG model the key role of the government in the survival of the pay-as-you-go retirement systems. We show that retirement systems with strong...”
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115by Poret, Sylvaine Published in Recherches économiques de Louvain (2005)“...This paper gives a theoretical base to the vertical structure of the distribution network of illicit drugs by using the analysis of vertical relationships and...”
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116“...We investigate positional effects in a vertically differentiated duopoly, evaluated against the first best. Positional concerns distort the allocation of...”
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117by Paty, Sonia Reulier, Emmanuelle Leprince, Matthieu Published in Recherches économiques de Louvain (2005)“...This article provides an empirical test for the existence of spatial tax interactions among French sub-national jurisdictions at the département level. We...”
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118by Baudry, marc Published in Recherches économiques de Louvain (2005)“...Les impôts locaux sont-ils gaspillés ?, by Marc BaudryAlthough public economists generally agree on the fact that the gap between the positive approach of...”
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119by Doepke, Matthias Published in Recherches économiques de Louvain (2005)“...The empirical literature on monetary policy shocks documents that contractionary shocks are followed by a persistent rise in interest rates and a persistent...”
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120by Pop, Adrian Published in Recherches économiques de Louvain (2005)“...Mandatory Sub-Debt Policy as an alternative to the Third Pillar of Basel II : Is it feasible ?, by Adrian PopThe recent proposals of reform put forward by the...”