Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Title
Now showing items 224-243 of 564
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Habit Formation and the Persistence of Monetary Shocks
(Université de Montréal. Département de sciences économiques., 2002)This paper studies the persistent effects of monetary shocks on output. Previous empirical literature documents this persistence, but standard general equilibrium models with sticky prices fail to generate output responses beyond the duration of ... -
The hard problem of prediction for conflict prevention
(Université de Montréal. Département de sciences économiques., 2019-04)There is a rising interest in conflict prevention and this interest provides a strong motivation for better conflict forecasting. A key problem of conflict forecasting for prevention is that predicting the start of conflict in previously peaceful ... -
Harsanyi’s Social Aggregation Theorem : A Multi-Profile Approach with Variable-Population Extensions
(Université de Montréal. Département de sciences économiques., 2003)This paper provides new versions of Harsanyi’s social aggregation theorem that are formulated in terms of prospects rather than lotteries. Strengthening an earlier result, fixed-population ex-ante utilitarianism is characterized in a multi-profile ... -
The Hessian Method (Highly Efficient State Smoothing, In a Nutshell)
(Université de Montréal. Département de sciences économiques., 2008-03) -
Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts
(Université de Montréal. Département de sciences économiques., 1997)This article presents a review of the stabilization attempts in Argentina, Brazil, and Israel during the 1980’s. Earlier research is summarized and complemented with additional sources of contemporaneous information and a detailed analysis of institutional ... -
Hidden Unemployment: a Search Theoretic Interpretation
(Université de Montréal. Département de sciences économiques., 1994) -
High-Wage Workers and High-Wage Firms
(Université de Montréal. Département de sciences économiques., 1995) -
The hotelling model with multiple demands
(Université de Montréal. Département de sciences économiques., 2013-10)The purpose of this chapter is to provide an elementary introduction to the non-renewable resource model with multiple demand curves. The theoretical literature following Hotelling (1931) assumed that all energy needs are satisfied by one type of ... -
House allocation via deferred-acceptance
(Université de Montréal. Département de sciences économiques., 2013-07)We study the simple model of assigning indivisible and heterogenous objects (e.g., houses, jobs, offi ces, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. For this model, known as the house allocation ... -
The household revolution: childcare, housework, and female labor force participation
(Université de Montréal. Département de sciences économiques., 2013-07)Over the twentieth century, the allocation of womens' time changed dramatically. This paper explores the implications for the allocation of married womens' time stemming from: (1) the household revolution associated with the introduction of a variety ... -
The housing boom and selection into entrepreneurship
(Université de Montréal. Département de sciences économiques., 2019-05)We provide evidence that the boom in housing prices occurred in the early 2000 distorted the selection of individuals that opened a business. A simple model of collateral financing predicts an increase in entry into entrepreneurship for house-owners ... -
How are wages determined? : a quasi-experimental test of wage determination theories
(Université de Montréal. Département de sciences économiques, 2023-01-02)We use novel quasi-experimental variation to (i) test whether firm-specific demand shocks impact wages, and (ii) to disentangle predictions coming from wage bargaining and firm upward sloping labor supply curve (wage posting). We use a unique ... -
How do Young People Choose College Majors?
(Université de Montréal. Département de sciences économiques., 1997)Previous studies on the determinants of the choice of college major have assumed a constant probability of success across majors or a constant earnings stream across majors. Our model disregards these two restrictive assumptions in computing an expected ... -
How Important Are Intergenerational Transfers of Time? a Macroeconomic Analysis
(Université de Montréal. Département de sciences économiques., 2000)This paper examines the implications of intergenerational transfers of time and money for labor supply and capital accumulation. Although intergenerational transfers of time in the form of grandparenting are as substantial as monetary transfers in the ... -
How Much Inflation is Necessary to Grease the Wheels?
(Université de Montréal. Département de sciences économiques., 2007)This paper studies Tobin's proposition that inflation "greases" the wheels of the labor market. The analysis is carried out using a simple dynamic stochastic general equilibrium model with asymmetric wage adjustment costs. Optimal inflation is determined ... -
How Prescribed Policy Can Mislead when Data Are Defective: a Follow-Up to Srinivasan (1994) Using General Equilibrium
(Université de Montréal. Département de sciences économiques., 1996)We highlight an example of considerable bias in officially published input-output data (factor-income shares) by an LDC (Turkey), which many researchers use without question. We make use of an intertemporal general equilibrium model of trade and ... -
Identification de grappes industrielles pour la génération de projets d'investissement
(Université de Montréal. Département de sciences économiques., 1980-06) -
Identification, Weak Instruments and Statistical Inference in Econometrics
(Université de Montréal. Département de sciences économiques., 2003)We discuss statistical inference problems associated with identification and testability in econometrics, and we emphasize the common nature of the two issues. After reviewing the relevant statistical notions, we consider in turn inference in nonparametric ... -
(Il)legal Assignments in School Choice
(Université de Montréal. Département de sciences économiques., 2017-05)In public school choice, students with strict preferences are assigned to schools. Schools are endowed with priorities over students. Incorporating different constraints from applications, priorities are often modeled as choice functions over sets ... -
The Impact of Decentralization on Growth and Democracy: a Note
(Université de Montréal. Département de sciences économiques., 1995)