Search
Now showing items 11-20 of 58
Stochastic Volatility
(Université de Montréal. Département de sciences économiques., 1996)
This paper prepared for the Handbook of Statistics (Vol.14: Statistical Methods in Finance), surveys the subject of stochastic volatility. the following subjects are covered: volatility in financial markets (instantaneous ...
Investment Under Demand Uncertainty: the Newsboy Problem Revisited
(Université de Montréal. Département de sciences économiques., 1996)
In this article we study the effect of uncertainty on an entrepreneur who must choose the capacity of his business before knowing the demand for his product. The unit profit of operation is known with certainty but there ...
Labor Market Institutions and Gender Differences in Wage Inequality
(Université de Montréal. Département de sciences économiques., 1996)
In this paper, we present graphical and quantitative evidence on the important role played by changes in labor market institutions on the rise in wage inequality in the United States during the 1980s. We show that the ...
La mobilite internationale des facteurs de production en situation de chomage et de libre-echange commercial: une revue de la problematique
(Université de Montréal. Département de sciences économiques., 1996)
Cet article fait un recensement des analyses theoriques et empiriques concernant les effets possibles de la mobilite internationale des facteurs de production. les resultats et les recommendations du modele de base sont ...
Pour être efficaces, les rites de guérison ont-ils besoin des dieux?
(1996-05)
Dans cet article, j’essaye de réfléchir sur l’efficacité des rites de guérison. Puisqu’il arrive que les rites de guérison remplissent leur fonction et qu’ils apportent une guérison, je me demande s’ils doivent leur succès ...
Moral Hazard and Marshallian Inefficiency: Evidence from Tunisia
(Université de Montréal. Département de sciences économiques., 1996)
In the presence of moral hazard, received agency theory predicts the Marshallian inefficiency of agricultural tenancy contracts, meaning that inputs per hectare on sharecropped land will differ from that on owned land. in ...
The Rise and Decline of the East German Economy, 1949-1989
(Université de Montréal. Département de sciences économiques., 1996)
Why do some organizations decline while other do not? to study this issue , we introduce technological change into a theory of agency proposed by Laffont and Tirole. We show that the optimal organizational form for production ...
Parametric and Nonparametric Approaches to Price and Tax Reform
(Université de Montréal. Département de sciences économiques., 1996)
In the analysis of tax reform, when equity is traded off against efficiency, the measurement of the latter requires us to know how tax-induced price changes affect quantities supplied and demanded. in this paper, we present ...
Présentation
(Presses de l’Université de Montréal, 1996)
The Efficiency of Collective Bargaining in Public Schools
(Université de Montréal. Département de sciences économiques., 1996)
This paper develops a bargaining model of wage and employment determination for the public sector. the solution to the model generates structural wage and employment equations that are estimated using data from New York ...