Sciences Po Economics Discussion Papers

2024-13 Les lendemains du quantitative easing: le cadre opérationnel de la nouvelle politique monétaire (PDF 653.7 KB)
Vivien Levy-Garboua and Gérard Maarek

2024-12 A Simple Model of the Operational Framework for Monetary Policy (PDF 224.22)
Vivien Levy-Garboua and Gérard Maarek

2024-11 Digital Tools in the Classroom: Evidence from a Large-Scale Natural Experiment
Ghazala Azmat, Denis Fougère, and Clémence Lobut

2024-10 The Gravity of Violence
Mathieu Couttenier, Julian Marcoux, Thierry Mayer, and Mathias Thoenig

2024-09 Fiscal Management of Aggregate Demand: The Effectiveness of Labor Tax Credits
Axelle Ferrière and Gaston Navorro

2024-08 The Wage of Temporary Agency Workers
Antonin Bergeaud, Pierre Cahuc, Clément Malgouyres, Sara Signorelli, and Thomas Zuber

2024-07 Employment Protection Legislation and Job Reallocation Across Sectors, Firms and Workers
Pierre Cahuc and Marco G. Palladino

2024-06 The Micro and Macro Economics of Short-Time Work 
Pierre Cahuc

2024-05 Prices and Concentration: A U-Shape? Theory and Evidence from Renewables 
Michele Fioretti, Junnan He, and Jorge Tamayo

2024-04 The Role of Workers in Knowledge Diffusion Across Firms (PDF 1.68 MB)
Anders Akerman and Kerstin Holzheu
(updated November 2024)

2024-03 Delayed Childbearing and Urban Revival: A Structural Approach
Ana Moreno-Maldonaldo and Clara Santamaria

2024-02 Do the Numbers Matter? An Experiment on Policy Preferences
Itzhak Rasooly

2024-01 Multi-Tier Hierarchies: A Moral Hazard Approach
Joaquin Coleff and Juan Sebastián Ivars

2023-11 Housing Costs and Real Income Differences across Chinese Cities
Ziyang Chen, Pierre-Philippe Combes, Sylvie Démurger, and Xiuyan Liu
(updated June 2024)

2023-10 The Two Faces of Worker Specialization
Zsofiá Bárány and Kerstin Holzheu
(updated May 2024)

2023-09 Socioemotional Development during Adolescence: Evidence from a Large Macro Shock
Ghazala Azmat, Katja Maria Kaufmann, and Yasemin Özdemir

2023-08 Some Don't Like It Hot: Bank Depositors and NGO Campaigns Against Brown Banks (PDF 1.76 MB)
Clément Mazet-Sonilhac and Jean-Stéphane Mésonnier
(Updated September 2024; circulated formerly as Some Don't Like It Hot: Bank Depositors and NGO Campaigns Against Fossil Fuels)

2023-07 Time-Varying Agglomeration Economies and Aggregate Wage Growth
Clémence Berson, Pierre-Philippe Combes, Laurent Gobillon, and Aurélie Sotura

2023-06 An Anatomy of Urbanization in Sub-Saharan Africa
Pierre-Philippe Combes, Clément Gorin, Shohei Nakamura, Mark Roberts, and Benjamin Stewart

2023-05 Where Is Poverty Concentrated? New Evidence Based on Internationally Consistent Urban and Poverty Measurements
Shohei Nakamura, Pierre-Philippe Combes, Robin Moellerherm , Charlotte Robert, Mark Roberts, Benjamin Stewart, and Slava Yakubenko

2023-04 Ownership Frictions in a Procurement Market: Evidence from London Buses
Marleen Marra and Florian Oswald

2023-03 Spatial Rents, Garage Location, and Competition in the London Bus Market
Marleen Marra and Florian Oswald

2023-02 Five Facts about MPCs: Evidence from a Randomized Experiment 
Johannes Boehm, Etienne Fize, and Xavier Jaravel

2023-01 Kinks Know More: Policy Evaluation Beyond Bunching with an Application to Solar Subsidies (PDF 919.22 KB)
Stefan Pollinger
(updated August 2024)

2022-12 Masks, Cameras, and Social Pressure
Itzhak Rasooly and Roberto Rozzi

2022-11 Heterogeneity in MPC Beyond Liquidity Constraints: The Role of Permanent Earnings 
Jeanne Commault
(Updated in June 2024. Formerly titled How Do Persistent Earnings Affect the Response of Consumption to Transitory Shocks?)

2022-10 Will We Ever Be Able to Track Offshore Wealth? Evidence from the Offshore Real Estate Market in the UK
Jeanne Bomare and Ségal Le Guern Herry

2022-09 Social Media and Newsroom Production Decisions
Julia Cagé, Nicolas Hervé, and Béatrice Mazoyer

2022-08 Innovation Begets Innovation and Concentration: the Case of Upstream Oil & Gas in the North Sea
Michele Fioretti, Alessandro Iaria, Aljoscha Janssen, Clément Mazet-Sonilhac, and Robert K. Perrons

2022-07 Productivity Slowdown and Tax Havens: Where Is Measured Value Creation?
Jean-Charles Bricongne, Samuel Delpeuch, and Margarita Lopez Forero

2022-06 Bank Local Specialization
Anne Duquerroy, Clément Mazet-Sonilhac, Jean-Stéphane Mésonnier, and Daniel Paravisini

2022-05 Employment Effects of Restricting Fixed-Term Contracts: Theory and Evidence
Pierre Cahuc, Pauline Carry, Franck Malherbet, and Pedro S. Martins

2022-04 Search Frictions in International Goods Markets
Clémence Lenoir, Julien Martin, and Isabelle Mejean

2022-03 Electoral Turnovers
Benjamin Marx, Vincent Pons, and Vincent Rollet
(updated in October 2022)

2022-02 The New Speak and Economic Theory Or How We Are Being Talked To
Jean-Paul Fitoussi

2022-01 An Exact Analysis of Precautionary Consumption Growth
Jeanne Commault

2021-14 Structural Change, Land Use and Urban Expansion
Nicolas Cœurdacier, Florian Oswald, and Marc Teignier

2021-13 The Dynamic Consequences of State-Building: Evidence from the French Revolution
Cédric Chambru, Emeric Henry, and Benjamin Marx
(updated in November 2022)

2021-12 Putting People First: Beyond COVID-19
Jean-Paul Fitoussi, Khalid Malik, Jill Rubery, and Robert Skidelsky

2021-11 Workplace Presenteeism, Job Substitutability and Gender Inequality
Ghazala Azmat, Lena Hensvik, and Olof Rosenqvist 

2021-10 Formation of College Plans: Expected Returns, Preferences and Adjustment Process
Ghazala Azmat and Katja Maria Kaufmann

2021-09 The Anatomy of Intergenerational Income Mobility in France and Its Spatial Variations
Gustave Kenedi and Louis Sirugue

2021-08 It Takes Money to Make MPs: Evidence from 150 Years of British Campaign Spending
Julia Cagé and Edgard Dewitte

2021-07 Saving for a Dry Day: Coal, Dams, and the Energy Transition
Michele Fioretti and Jorge Tamayo

2021-06 Corruption and Firm Growth: Evidence from around the World
Raymond Fisman, Sergeï Guriev, Carolin Ioramashvili, and Alexander Plekhanov

2021-05 Local Public Goods and the Spatial Distribution of Economic Activity
Arthur Guillouzouic, Emeric Henry, and Joan Monras

2021-04 The Heterogeneous Effect of Short-Time Work: From Saved Jobs to Windfall Effects
Pierre Cahuc, Francis Kramarz, and Sandra Nevoux

2021-03 The Lock-In Effects of Part-Time Unemployment Benefits
Hélène Benghalem, Pierre Cahuc, and Pierre Villedieu

2021-02 Performance Pay in Insurance Markets: Evidence from Medicare
Michele Fioretti and Hongming Wang

2021-01 The Voice: The Shareholders' Motives Behind Corporate Donations during COVID-19
Michele Fioretti, Victor Saint-Jean, and Simon C. Smith
(updated February 2022, formerly entitled 'Selfish Shareholders: Corporate Donations during COVID-19')

2020-12 Labor Share, Foreign Demand and Superstar Exporters
Ludovic Panon

2020-11 Heroes and Villains: The Effects of Combat Heroism on Autocratic Values and Nazi Collaboration in France (PDF 489.55 KB)
Julia Cagé, Anna Dagorret, Pauline Grosjean, and Saumitra Jha
(updated October 2021)

2020-10 Managing Inequality Across Business Cycles: Optimal Policies with Heterogeneous Agent Models
François Le Grand and Xavier Ragot

2020-09 Informational Barriers to Market Access: Experimental Evidence from Liberian Firms
Jonas Hyort, Vinayak Iyer, and Golvine de Rochambeau

2020-08 J'Accuse! Antisemitism and Financial Markets in the Time of the Dreyfus Affair (updated Dec 2020)
Quoc-Anh Do, Roberto Galbiati, Benjamin Marx, and Miguel A. Ortiz Serrano

2020-07 The Heterogeneous Price of a Vote: Evidence from Multiparty Systems, 1993-2017 (updated Dec 2020)
Yasmine Bekkouche, Julia Cagé, and Edgard Dewitte

2020-06 Checking and Sharing Alt-Facts
Emeric Henry, Sergeï Guriev, and Ekaterina Zhuravskaya

2020-05 Apprenticeship and Youth Unemployment
Pierre Cahuc and Jérémy Hervelin

2020-04 Global Giants and Local Stars: How Changes in Brand Ownership Affect Competition
Vanessa Alviarez, Keith Head, and Thierry Mayer

2020-03 Media Competition and News Diets 
Charles Angelucci, Julia Cagé, and Michael Sinkinson

2020-02 Estimating and Auction Game with Two-Sided Entry 
Marleen Marra
(updated June 2024, formerly entitled ‘Pricing and Fees in Auction Platforms with Two-Sided Entry’)

2020-01 Caring or Pretending to Care? Social Impact, Firms' Objectives, and Welfare (PDF 2.43 MB)
Michele Fioretti
(updated February 2022, formerly entitled 'Social Responsibility and Firms' Objectives')

2019-17 Gender Promotion Gaps: Career Aspirations and Workplace Discrimination
Ghazala Azmat, Vicente Cunãt, and Emeric Henry

2019-16 Peer Effects in Academic Research: Senders and Receivers
Clément Bosquet, Pierre-Philippe Combes, Emeric Henry, and Thierry Mayer

2019-15 Subsidizing Inequality: Performance Pay and Risk Selection in Medicare
Michele Fioretti and Hongming Wang

2019-14 Secular Trends in Wealth and Heterogeneous Capital: Land is Back...and Should Be Taxed 
Odran Bonnet, Guillaume Chapelle, AlainTrannoy, and Étienne Wasmer

2019-13 3G Internet and Confidence in Government
Sergei Guriev, Nikita Melnikov, and Ekaterina Zhuravskaya

2019-12 Corruption and Adverse Selection
Leonidas Koutsougeras, Miguel Santos, and Xei Fu

2019-11 Eat Widely, Vote Wisely ? Lessons from a Campaign Against Vote Buying in Uganda
Chris Blattman, Horacio Larreguy, Benjamin Marx, and Otis R. Reid

2019-10 Technology-Induced Trade Shocks? Evidence from Broadband Expansion in France
Clément Magouyres, Thierry Mayer, and Clément Mazet-Sonilhac

2019-09 The Heterogeneous Price of a Vote: Evidence from France, 1993-2014
Yasmine Bekkouche, Julia Cagé

2019-08 Partial Language Competence
Jeanne Hagenbach, Frédéric Koessler

2019-07 Comparative Advantage of Firms
Johannes Boehm, Swati Dhingra, and John Morrow

2019-06 Learning to Cooperate in the Shadow of the Law (PDF 1.13 MB)
Roberto Galbiati, Emeric Henry, and Nicolas Jacquemet
(updated April 2021)

2019-05 The Production of Information in an Online World: Is Copy Right?
Julia Cagé, Nicolas Hervé, and Marie-Luce Viaud

2019-04 When in Rome... on local norms and sentencing decisions
David Abrams, Roberto Galbiati, Emeric Henry, and Arnaud Philippe

2019-03 Inefficient Short-Time Work
Pierre Cahuc and Sandra Nevoux

2019-02 Sex and the Mission: The Conflicting Effects of Early Christian Missions on HIV in sub-Saharan Africa
Julia Cagé, and Valeria Rueda

2019-01 Monetary Easing, Leveraged Payouts and Lack of Investment
Viral V. Acharya and Guillaume Plantin

2018-14 Altruism and Risk Sharing in Networks
Renaud Bourlès, Yann Bramoullé, and Eduardo Perez-Richet

2018-13 Test Design Under Falsification
Eduardo Perez-Richet and Vasiliki Skreta

2018-12 Limited Participation, Capital Accumulation and Optimal Monetary Policy
Xavier Ragot

2018-11 Voting and Contributing when the Group is Watching
Emeric Henry and Charles Louis-Sidois

2018-10 Waiting for my Neighbors
Sidartha Gordon, Emeric Henry, and Pauli Murto

2018-9 Facts, Alternative Facts, and Fact Checking in the Times of Post-Truth Politics
Oscar Barrera, Sergei Guriev, Emeric Henry, and Ekaterina Zhuravskaya

2018-08 The Impact of Contract Enforcement Costs on Value Chains and Aggregate Productivity
Johannes Boehm

2018-07 Vertical Integration and Foreclosure: Evidence from Production Network Data
Johannes Boehm and Jan Sonntag

2018-06 Fiscal and Monetary Regimes: A Strategic Approach (PDF 1.96 MB)
Jean Barthélemy and Guillaume Plantin

2018-05 The Institutional Foundations of Religious Politics: Evidence from Indonesia (insérer lien)
Samuel Bazzi, Gabriel Koehler-Derrick, and Benjamin Marx

2018-04 Misallocation in the Market for Inputs: Enforcement and Organization of Production
Johannes Boehm, and Ezra Oberfield

2018-03 When Short-time Work Works
Pierre Cahuc, Francis Kramarz, and Sandra Nevoux

2018-02 Taxation and Self-Employment
Zsofia Bárány

2018-01 Whither Economic History? Between Narratives and Quantification
Pamfili Antipa, and Vincent Bignon

2017-06 A Proof of Blackwell's Theorem
Eduardo Perez-Richet

2017-05 Optimal Monetary Policy in a Liquidity Trap with Heterogeneous Agents
Xavier Ragot

2017-04 Sovereign Default and Liquidity: the Case for a World Safe Asset
François Le Grand and Xavier Ragot

2017-03 Optimal Fiscal Policy with Heterogeneous Agents and Aggregate Shocks
François Le Grand and Xavier Ragot

2017-02 Optimal Monetary Policy and Liquidity with Heterogeneous Households
Florin Bilbiie and Xavier Ragot

2017-01 Credibility and Monetary Policy
Jean Barthélemy and Eric Mengus

2016-08 The Welfare Cost of Inflation Risk Under Imperfect Insurance
Olivier Allais, Yann Algan, Edouard Challe, and Xavier Ragot

2016-07 Solving Endogenous Regime Switching Models
Jean Barthélemy and Magalie Marx

2016-06 The Signaling Effect of Raising Inflation
Jean Barthélemy and Eric Mengus

2016-05 The Welfare Effects of Involuntary Part-Time Work
Daniel Borowczyk-Martins and Étienne Lalé

2016-04 The Rise of Part-time Employment
Daniel Borowczyk-Martins and Étienne Lalé

2016-03 A Brief History of Human Time: Exploring a Database of "Notable People"
Olivier Gergaud, Morgane Laouenan, and Etienne Wasmer

2016-02 Semiparametric Analysis of Network Formation
Koen Jochmans

2016-01 Modified-Likelihood Estimation of the B-Model
Koen Jochmans

2015-10 A Note on Sufficiency in Binary Panel Models
Koen Jochmans and Thierry Magnac

2015-09 Two-Way Models for Gravity
Koen Jochmans

2015-08 The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity
Johannes Boehm

2015-07 Job Polarization and Structural Change
Zsofia Barany and Christian Siegel

2015-06 The Neighbor is King: Customer Discrimination in the Housing Market
Pierre-Philippe Combes

2015-06 Bias-Corrected Estimation of Panel Vector Autoregressions
Geert Dhaene and Koen Jochmans

2015-05 Migration Externalities in Chinese Cities
Pierre-Philippe Combes, Sylvie Démurger, and Shi Li

2015-04 Immigration and Wage Dynamics: Evidence from the Mexican Peso Crisis
Joan Monras

2015-03 Two-Way Models for Gravity
Koan Jochmans

2015-02 Effect of Income on Trust: Evidence from the 2009 Crisis in Russia
Maxim Ananyev and Sergei Guriev

2015-01 Economic Shocs and Internal Migration
Joan Monras

2014-18 Estimating Multivariate Latent-Structure Models
Stéphane Bonhomme, Koen Jochmans, Jean-Marc Robin

2014-17 Employment Adjustment and Part-time Jobs: The US and the UK in the Great Recession
Daniel Borowczyk-Martins and Etienne Lalé

2014-16 Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone
Philippe Martin P and Thomas Philippon

2014-15 The Long-Term Effects of the Printing Press in Sub-Saharan Africa
Julia Cagé and Valeria Rueda

2014-14 Shopping Time
Nicolas Petrosky-Nadeau, Etienne Wasmer, and Shutian Zeng

2014-13 Capital Cities, Conflict, and Misgovernance: Theory and Evidence
Filipe Campante, Quoc-Anh Do, and Bernardo Guimaraes

2014-12 Performance-Based Financing, Motivation and Final Output in the Health Sector: Experimental Evidence from the Democratic Republic of Congo
Elise Huillery E and Juliette Seban

2014-11 Employment Protection and Capital-Labor Ratios
Alexandre Janiak and Etienne Wasmer

2014-10 Unanimity in Attribute-Based Preference Domains
Sidartha Gordon

2014-09 Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions
Nicolas Petrosky-Nadeau and Etienne Wasmer

2014-08 Doubts and Dogmatism in Conflict Behavior
Sidartha Gordon and Alessandro Riboni

2014-07 Does Housing Capital Contribute to Inequality? A Comment on Thomas Piketty’s Capital in the 21st Century?
Odran Bonnet, Pierre-Henri Bono, Guillaume Chapelle, and Etienne Wasmer

2014-06 Income Tax and Retirement Schemes
Philippe Choné and Guy Laroque

2014-05 Multiplicative-Error Models with Sample Selection
Koen Jochmans

2014-04 Information Transmission in Nested Sender-Receiver Games
Ying Chen and Sidartha Gordon

2014-03 Split-Panel Jackknife Estimation of Fixed-Effect Models
Geert Dhaene and Koen Jochmans

2014-02 Welfare and Trade Without Pareto
Keith Head, Thierry Mayer, and Mathias Thoenig

2014-01 Inference on Mixtures Under Tail Restrictions
Marc Henry, Koen Jochmans, and Bernard Salanié

2013-17 Gender and Competition: Evidence from Academic Promotions in France
Clément Bosquet, Pierre-Philippe Combes, and Cecilia Garcia-Penalosa

2013-16 What Predicts a Successful Life? A Life-Course Model of Well-Being
Richard Layard, Andrew E. Clark, Francesca Cornaglia, and Nattavudh Powdthavee, and James Vernoit

2013-15 Weighted Majoritarian Rules for the Location of Multiple Public Facilities
Olivier Bochet, Sidartha Gordon, and Rene Saran

2013-14 Time to Ship during Financial Crises
Nicolas Berman, José De Souza, Philippe Martin, and Thierry Mayer

2013-13 Input-Trade Liberalization, Export Prices and Quality Upgrading
Maria Bas and Vanessa Strauss-Khan

2013-12 Search, Project Adoption and the Fear of Commitment
Talia Bar, Vidya Atal, and Sidartha Gordon

2013-11 Firm Heterogeneity and Aggregate Welfare
Marc J. Melitz and Stephen J. Redding

2013-10 Voting Alone? The Political and Cultural Consequences of Commercial TV
Paolo Pinotti, Andrea Tesei, and Ruben Durante

2013-09 Nonparametric Estimation of Finite Mixtures
Stéphane Bonhomme, Koen Jochmans, and Jean-Marc Robin

2013-08 Optimal Project Selection Mechanisms
Talia Bar and Sidartha Gordon

2013-07 Likelihood Inference in an Autoregression with Fixed Effects
Geert Dhaene and Koen Jochmans

2013-06 Innovation beyond Patents: Technological Complexity as a Protection against Imitation
Emeric Henry and Francisco Ruiz‐Aliseda

2013-05 Proximity as a Source of Comparative Advantage
Liza Archanskaia

2013-04 Pairwise-Comparison Estimation with Nonparametric Controls
Koen Jochmans

2013-03 Empowering Parents in School: What They Can(not) Do
Elizabeth Beasley and Elise Huillery

2013-02 Gravity Equations: Workhorse, Toolkit, and Cookbook
Keith Head and Thierry Mayer

2013-01 Isolated Capital Cities, Accountability and Corruption: Evidence from US States
Filipe R. Campante and Quoc-Anh Do