Policy and inequality response to uncertainty shocks: A multi-country analysis   This paper investigates the effects of uncertainty shocks on public debt and inequality across 25 developed and emerging economies over an average period of 30 years, using a structural vector autoregression (SVAR) framework. While uncertainty shocks are generally recessionary, their macroeconomic and distributional effects […]

Applicant choice in the design of social housing allocations : Evidence from France Although social housing is prevalent in many developed countries, there is no consensus over how to design allocation rules. Measuring the impact of a change in rules requires predicting how applicants will respond. In a context where rents are fixed, application data […]

Owning More of the Chain: Capital Subsidies and Firm-Level Upstream Shifts in China This paper examines the causal effect of China’s capital-goods import subsidy on firms’ production organization from a global value chain perspective. Implemented through the Catalogue for the Guidance of Importing Technologies and Products, the policy subsidized high-tech equipment to promote industrial upgrading and deeper GVC […]

Tax Policy Design in a Globalized Economy: A Comparative Analysis of Destination and Origin Principles Abstract: This paper examines the optimal structure of commodity taxation in an open economy characterized by firm mobility and labor market segmentation. We develop a two-country general equilibrium model with monopolistic competition, endogenous firm relocation, and a dual labor market […]

Gendering On The Confucian Clan: A Social Cost Perspective This paper unbundles the role of the Confucian clan through a systems approach, focusing on its long-lasting effects on women by shaping a traditional gender institution in China. Specifically, we ask whether the Confucian clan, as a risk-sharing institution, perpetuates itself by reinforcing a patrilineal system […]

Spheres of Influence in Multigame Contact We study the effect of multigame contact in asymmetric prisoner's dilemma games. Players simultaneously play two games either with the same partner (multigame contact) or with different partners (single-game contact). Asymmetry arises because one game is more valuable to one player, while the other game matters more to the […]

An economic analysis of extra-territorial taxation, joint with G. Zucman  This paper proposes an economic analysis of extraterritorial tax policy. We consider a country imposing top-up taxes to the foreign profits of multinational firms to ensure a minimum effective corporate tax rate. We analyze the incidence of this tax, its domestic and global welfare effects, […]

Écarts entre attitudes et comportements dans la consommation durable : étude des justifications et des croyances compensatoires. Room B422