La plupart des informations présentées ci-dessous ont été récupérées via RePEc avec l'aimable autorisation de Christian Zimmermann
Stated preferences outperform elicited preferences for predicting reported compliance with Covid-19 prophylactic measuresJournal articleIsmael Rafai, Thierry Blayac, Dimitri Dubois, Sebastien Duchêne, Phu Nguyen-Van, Bruno Ventelou et Marc Willinger, Journal of Behavioral and Experimental Economics, Volume 107, pp. 102089, 2023

This article studies the behavioral and socio-demographic determinants of reported compliance with prophylactic measures against COVID-19: barrier gestures, lockdown restrictions and mask wearing. The study contrasts two types of measures for behavioral determinants: experimentally elicited preferences (risk tolerance, time preferences, social value orientation and cooperativeness) and stated preferences (risk tolerance, time preferences, and the GSS trust question). Data were collected from a representative sample of the inland French adult population (N=1154) surveyed during the first lockdown in May 2020, and the experimental tasks were carried out on-line. The in-sample and out-of-sample predictive power of several regression models - which vary in the set of variables that they include - are studied and compared. Overall, we find that stated preferences are better predictors of compliance with these prophylactic measures than preferences elicited through incentivized experiments: self-reported level of risk, patience and trust are predicting compliance, while elicited measures of risk-aversion, patience, cooperation and prosociality did not.

Can workers still climb the social ladder as middling jobs become scarce? Evidence from two British cohortsJournal articleCecilia Garcia-Peñalosa, Fabien Petit et Tanguy van Ypersele, Labour Economics, Volume 84, pp. 102390, 2023

The increase in employment polarization observed in several high-income economies has coincided with a reduction in inter-generational mobility. This paper argues that the disappearance of middling jobs can drive changes in mobility, notably by removing a stepping stone towards high-paying occupations for those from less well-off family backgrounds. Using data from two British cohorts who entered the labour market at two points in time with very different degrees of employment polarization, we examine how parental income affects both entry occupations and occupational upgrading over careers. We find that transitions across occupations are key to mobility and that the impact of parental income has grown over time. At regional level, using a shift-share IV-strategy, we show that the impact of parental income has increased the most in regions experiencing the greatest increase in polarisation. This indicates that the disappearance of middling jobs played a role in the observed decline in mobility.

Gender differences in re-contesting decisions: New evidence from French municipal electionsJournal articleJulieta Peveri et Marc Sangnier, Journal of Economic Behavior & Organization, Volume 214, pp. 574-594, 2023

This paper studies differences across genders in the re-contesting decisions of politicians following electoral wins or defeats. Using close races in mixed-gender French local elections, we show that women are less likely to persist in competition when they lose compared to male runners-up, but are equally or more prone than male winners to re-contest when they win. Differences in observable characteristics or in the expected electoral returns of running again cannot fully account for these gender gaps in persistence. In contrast, evidence suggests that results are driven by behavioural explanations such as cross-gender differences in candidates’ attitudes toward competition, or by political parties behaving differently toward female and male candidates for a given electoral outcome. Additionally, we provide evidence that a woman’s victory encourages former female challengers to re-contest but does not trigger the entry of new female candidates.

Colonial origins and quality of education evidence from cameroonJournal articleYasmine Bekkouche et Yannick Dupraz, World Development, Volume 170, pp. 106245, 2023

We revisit the question of colonial legacies in education by focusing on quality rather than quantity. We study Cameroon, a country where a Francophone education system with French colonial origins coexists with an Anglophone system with British colonial origins. This allows us to investigate the impact of different teaching practices on students’ test scores. We find that pupils schooled in the Francophone system perform better in mathematics in Grade 5, with test scores higher by two thirds of a standard deviation. Thanks to detailed school survey data, we are able to account for a wide array of inputs of the education production function, such as the economic and social conditions of students, the material conditions of the schools and classrooms, as well as some information on the teachers’ practices and pedagogical culture. We find that Francophone schools have better classroom equipment and that Francophone teachers use more vertical teaching methods, but that these differences cannot explain why Francophone students perform better in mathematics. In the end, we cannot pin down the exact mechanism behind our result.

We modeled long memory with just one lag!Journal articleLuc Bauwens, Guillaume Chevillon et Sébastien Laurent, Journal of Econometrics, Volume 236, Issue 1, pp. 105467, 2023

Two recent contributions have found conditions for large dimensional networks or systems to generate long memory in their individual components. We build on these and provide a multivariate methodology for modeling and forecasting series displaying long range dependence. We model long memory properties within a vector autoregressive system of order 1 and consider Bayesian estimation or ridge regression. For these, we derive a theory-driven parametric setting that informs a prior distribution or a shrinkage target. Our proposal significantly outperforms univariate time series long-memory models when forecasting a daily volatility measure for 250 U.S. company stocks over twelve years. This provides an empirical validation of the theoretical results showing long memory can be sourced to marginalization within a large dimensional system.

Machine Learning Alternatives to Response Surface ModelsJournal articleBadih Ghattas et Diane Manzon, Mathematics, Volume 11, Issue 15, pp. 3406, 2023

In the Design of Experiments, we seek to relate response variables to explanatory factors. Response Surface methodology (RSM) approximates the relation between output variables and a polynomial transform of the explanatory variables using a linear model. Some researchers have tried to adjust other types of models, mainly nonlinear and nonparametric. We present a large panel of Machine Learning approaches that may be good alternatives to the classical RSM approximation. The state of the art of such approaches is given, including classification and regression trees, ensemble methods, support vector machines, neural networks and also direct multi-output approaches. We survey the subject and illustrate the use of ten such approaches using simulations and a real use case. In our simulations, the underlying model is linear in the explanatory factors for one response and nonlinear for the others. We focus on the advantages and disadvantages of the different approaches and show how their hyperparameters may be tuned. Our simulations show that even when the underlying relation between the response and the explanatory variables is linear, the RSM approach is outperformed by the direct neural network multivariate model, for any sample size (<50) and much more for very small samples (15 or 20). When the underlying relation is nonlinear, the RSM approach is outperformed by most of the machine learning approaches for small samples (n ≤ 30).

Tax competition in the presence of profit shiftingJournal articleSteeve Mongrain, David Oh et Tanguy van Ypersele, Journal of Public Economics, Volume 224, pp. 104940, 2023

The popular view is that governments should crack down on tax avoidance by multinational corporations, but in practice, lax anti-profit-shifting policies are common. Here, we analyze how controlling profit shifting influences fiscal competition. Equilibrium tax rates are determined by the elasticities of two components: retained profit and capital mobility. Anti-profit-shifting policies decrease the elasticity of the first, but increase the elasticity of the second. The impact of these policies on equilibrium tax rates is then ambiguous. We show that there are cases in which laxer policies increase equilibrium tax rates and countries’ well-being by favoring investments. We use estimates of different elasticities to show that our model can support lax enforcement.

Firm-specific pay premiums and the gender wage gap in EuropeJournal articleJan-Luca Hennig et Balazs Stadler, Economica, Volume 90, Issue 359, pp. 911-936, 2023

We study how firm premia influence the gender wage gap for 21 European countries. We use a quadrennial harmonized matched employer–employee dataset to estimate gender-specific firm premia. Subsequently, we decompose the firm-specific wage premia differential into within- and between-firm components. On average, the former accounts mainly for the decline in the pay gap between 2002 and 2014. We pay particular attention to the development of each component by age group, and find that the between-firm component is associated with an increase in the gender pay gap over age. The decomposition of firm premia allows us to investigate how institutional settings relate to each component. We associate the within-firm component with collective bargaining at the national and firm levels, and the between-firm component with family policies. Decentralized wage bargaining is associated with a larger within-firm pay gap, whereas family policies incentivizing women to return to employment after family formation are linked to a smaller between-firm component.

Does it matter where and how governments spend?Journal articleErnil Sabaj, Rashid Sbia et Haytem Troug, Economics Letters, Volume 228, pp. 111158, 2023

This paper studies government spending multipliers in a panel of OECD countries. While recent literature has highlighted the differences in government consumption and investment effects, we extend this approach sectorally and report findings that suggest strong heterogeneities across sectors for government spending and output. Differences in price stickiness and sectors’ position in the production network are the main drivers of these heterogeneities.

Testing for causality between climate policies and carbon emissions reductionJournal articleBertrand Candelon et Jean-Baptiste Hasse, Finance Research Letters, Volume 55, pp. 103878, 2023

In this paper, we evaluate the causal effects of climate policies on carbon emissions reduction. Specifically, we investigate the properties of the Granger causality test in the frequency domain, assuming that the dependent variables include a binary variable and a continuous variable (resp. treatment and outcome variables). Monte Carlo simulations confirm that: (i) this test is valid under this assumption; and (ii) it has more power than its time-domain counterpart. Then, using Sweden as a case study, we evaluate the impact of the Kyoto Protocol, the Swedish carbon tax, and the European Union Emissions Trading System (EU ETS) on carbon emissions reduction over the period 1964–2021. Our empirical results indicate that only the carbon tax Granger causes carbon emissions reduction in the long run. Our methodological framework offers policymakers a useful toolbox for climate policy evaluation as well as new insights into the outcomes of international treaties and carbon pricing policies.