Publications des institutions partenaires
Monetary policy and real cost imbalances in currency unions
The real unit labor cost is an important variable in today's debate over competitiveness and labor cost imbalances in the Eurozone. This paper documents the link existing between developments in the labor share and relative monetary policy stance across euro area members. First I present the theoretical foundations of such link using a standard New Keynesian framework, then I...
Institution partenaire
Institut de hautes études internationales et du développement
/ 01/04/2015
International migration of skilled workers with endogenous policies
We study the interaction between the optimal immigration policy of a host country and education policy of a source country in a model of international migration of skilled workers. Acquisition of human capital is driven by the academic and career opportunities at home and abroad. Greater opportunities to migrate are found to increase the source country's net stock of human...
Institution partenaire
Institut de hautes études internationales et du développement
/ 01/04/2015
Debt sustainability in low-income countries: the grants versus loans debate in a world without crystal balls
When allocating their aid budget, development agencies need to decide whether to give outright grants or use concessional loans that blend a grant and credit element. Theory suggests that the degree of concessionality should be negatively correlated with debt sustainability. Several donors use the World Bank/IMF Debt Sustainability Framework to guide their aid decisions. They give...
Institution partenaire
Institut de hautes études internationales et du développement
/ 25/02/2015
The impact of land mines on child health: evidence from Angola
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 05/02/2015
Guest workers in the underground economy
Guest-worker programs have been providing rapidly growing economies with millions of temporary foreign workers over the last couple of decades. With the duration of stay strictly limited by program rules in most of the host countries and wages paid to guest workers often set at sub-market levels, many of the migrants choose to overstay and seek employment in the underground economy....
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/12/2014
Sequential decision making in merger control
We model merger control procedures as a process of sequential acquisition of information and compare US and EU procedures. In the US, the authorities do not have to justify their decision to require further information (issue a second request),whereas in the EU, the authorities face a different (enforceable) standard of proof in phase I relative to phase II. We found that in the...
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/12/2014
Clean substitutes and the effectiveness of carbon foot print labels vs. Pigovian subsidies: evidence from a field experiment
We study how substitutability between clean and dirty alternatives affects the effectiveness of environmental regulation in a field experiment that controls for the choice set of respondents. We consider four product categories with clean and dirty alternatives: (i) cola products in plastic bottles vs. in aluminum cans; (ii) skimmed vs. whole milk; (iii) chicken meat vs. beef meat;...
Institution partenaire
Institut de hautes études internationales et du développement
/ 17/10/2014
PADRE: politically acceptable debt restructuring in the Eurozone
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/10/2014
Documenting legal dissonance: legal pluralism in Papua New Guinea
We examine the case of payback killings and similar retributive sanctions in the context of a transplant regime such as that existing in Papua New Guinea. This is a post-colonial regime with multiple overlaid legal systems, with significant negative interaction existing between the different regimes. We explain how multiple regimes can co-exist in the context of negative...
Institution partenaire
Institut de hautes études internationales et du développement
/ 30/09/2014
Resistance to the regulation of common resources in rural Tunisia
We examine the effect of the introduction of uniform water-charging for aquifer management and provide evidence using a survey-based choice experiment of agricultural water users in rural Tunisia. Theoretically, we show that the implementation of the proposed second-best regulation would result both in efficiency gains and in distributional effects in favour of small landholders....
Institution partenaire
Institut de hautes études internationales et du développement
/ 30/09/2014
Running with the red queen: an integrated assessment of agricultural land expansion and global biodiversity decline
Modern agriculture relies on a small number of highly productive crops and the continued expansion of agricultural land area has led to a significant loss of biodiversity. In this paper we consider the macroeconomic consequences of a continued expansion of modern agriculture from the perspective of agricultural productivity and food production: as the genetic material supporting...
Institution partenaire
Institut de hautes études internationales et du développement
/ 30/09/2014
A household survey of the cost of illnesses due to air pollution in Beijing, China
This paper examines with a case study of Beijing, China, the health benefits that could be reaped from urban air quality improvements. The study implements a household survey to collect information about the yearly medical expenditures and lost days of work, to estimates the total costs of illness (COI) borne by a typical individual due to airborne diseases. The results of this...
Institution partenaire
Institut de hautes études internationales et du développement
/ 30/09/2014
Networked FDI: sales and sourcing patterns of Japanese foreign affiliates
This paper applies a novel empirical approach to characterising the horizontalness and verticalness of affiliates based on Yeaple’s complex FDI concept. In its simplest form, horizontalness is measured as affiliates' local sales share while their verticalness is measures as their share of non-local sourcing of intermediates. Japanese affiliates in most sectors and nations are...
Institution partenaire
Institut de hautes études internationales et du développement
/ 26/09/2014
A surplus of ambition: can Europe rely on large primary surpluses to solve its debt problem?
IMF forecasts and the EU’s Fiscal Compact foresee Europe’s heavily indebted countries running primary budget surpluses of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt/GDP ratios down to the Compact’s 60 percent target. We show that primary surpluses this large and persistent are rare. In an extensive sample of high...
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/09/2014
The costs of sovereign default
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/09/2014
Factory-free Europe?: a two unbundlings perspective on Europe's 20th century manufacturing miracle and 21st century manufacturing malaise
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/09/2014
Multilateralising 21st century regionalism
The multilateralisation of regionalism takes different forms when applied to deep versus shallow regional trade agreements (RTAs). Shallow agreements focus on discriminatory tariffs; hence, multilateralisation strives mainly to reduce discrimination. Deep agreements focus on the disciplines necessary to foster international production sharing; key provisions often resembling...
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/09/2014
Spiders and snakes: offshoring and agglomeration in the global economy
Global production sharing is determined by international cost differences and frictions related to the costs of unbundling stages spatially. The interaction between these forces depends on engineering details of the production process with two extremes being ‘snakes’ and ‘spiders’. Snakes are processes whose sequencing is dictated by engineering; spiders involve the assembly of parts...
Institution partenaire
Institut de hautes études internationales et du développement
/ 10/09/2014
Air pollution in urban Beijing: the role of government - controlled information
This paper looks at the problem of information control behind the unsustainable levels of air pollution in China. In particular, it focuses on a large urban area, Beijing, and it examines the role of the public, government-controlled information and the adaptation choices of households in response to signals about high pollution. Our analysis is based on a simple theoretical...
Institution partenaire
Institut de hautes études internationales et du développement
/ 09/09/2014
Original sin: the pain, the mystery, and the road to redemption
Institution partenaire
Institut de hautes études internationales et du développement
/ 09/09/2014
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