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An Axiomatization of the Serial Cost-Sharing Method
(Université de Montréal. Département de sciences économiques., 2009-12)
We o¤er an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all ...
Allocation via Deferred-Acceptance under Responsive Priorities
(Université de Montréal. Département de sciences économiques., 2009-12)
In many economic environments - such as college admissions, student placements at public schools, and university housing allocation - indivisible objects with capacity constraints are assigned to a set of agents when each ...
Do Inflation-Targeting Central Banks Implicitly Target the Price Level?
(Université de Montréal. Département de sciences économiques., 2009-12)
This paper reports graphical and statistical evidence that the inflation targeting regimes in Canada and the UK - but not in Australia, New Zealand, or Sweden - actually resemble price-level targeting. In particular, the ...
The Effects of the Length of the Period of Commitment on the Size of Stable International Environmental Agreements
(Université de Montréal. Département de sciences économiques., 2009-12)
This paper extends the standard model of self-enforcing dynamic international environmental agreements by allowing the length of the period of commitment of such agreements to vary as a parameter. It analyzes the pattern ...
Legal Institutions, Sectoral Heterogeneity, and Economic Development
(Université de Montréal. Département de sciences économiques., 2008-07)
Poor countries have lower PPP–adjusted investment rates and face higher relative
prices of investment goods. It has been suggested that this happens either because
these countries have a relatively lower TFP in industries ...
Asset Pricing in a Production Economy with Chew–Dekel Preferences
(Université de Montréal. Département de sciences économiques., 2009-05)
In this paper we provide a thorough characterization of the asset returns implied
by a simple general equilibrium production economy with Chew–Dekel risk preferences and convex capital adjustment costs. When households ...
The Economic Effects of Improving Investor Rights in Portugal
(Université de Montréal. Département de sciences économiques., 2009-02)
The Portuguese economy has performed remarkably well since joining the EU in 1986. Output per worker grew at an annual rate of 2.25%. The relative price of investment has declined. Real investment has increased compared ...
Forked Three-awned Grass, Aristida basiramea Engelm. ex Vasey : a new addition to the flora of Quebec
(Ottawa Field Naturalists Club, 2004)
A population of Forked Three-awned Grass (Aristida basiramea Engelm. ex Vasey; Poaceae) was found for the first time in
Quebec, on a sand barren of the Cazaville region (Haut-Saint-Laurent). The only other region where ...
The Haut-Saint-Laurent wilderness at the time of settlement based on Sellar’s History. Part II : Forests and wetlands.
(Société Historique de la Vallée de la Châteauguay = Chateauguay Valley Historical Society, 2006)