Cahiers de recherche CREFE / CREFE Working Papers

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150: Preponderance of Evidence

Dominique Demougin and Claude Fluet

149: Assurance de responsabilité et aléa moral dans les régimes de responsabilité objective et pour faute

Claude Fluet

148: Fertility, Education, and Market Failures

Sylvain Dessy and Stephane Pallage

147: On the Pricing of Replacement Parts

Max Blouin

146: Semiparametric Efficient Estimation of the Mean of a Time Series in the Presence of Conditional Heterogeneity of Unknown Form

Douglas Hodgson

145: Input-Output Structure and Nominal Staggering: The Persistence Problem Revisited

Kevin Huang and Zheng Liu

144: Efficient Estimation of Conditional Asset Pricing Models

Douglas Hodgson and Keith Vorkink

143: Testing the Capital Asset Pricing Model Efficiently Under Elliptical Symmetry: A Semiparametric Approach

Douglas Hodgson, Oliver Linton and Keith Vorkink

142: Optimal Predictive Tests and a Simulation Study

Alain Guay

141: Collective Female Labor Supply: Theory and Application

Olivier Donni

140: Collective Household Labor Supply: Nonparticipation and Income Taxation

Olivier Donni

139: Damage Averaging and the Formation of Class Action Suits

Nicolas Marceau and Steeve Mongrain

138: Gangs and Crime Deterrence

Abdalla Mansour, Nicolas Marceau and Steeve Mongrain

137: An Econometric U.S. Business Cycle Model with Nominal and Real Rigidities

Ali Dib and Louis Phaneuf

136: A 'Natural Experiment' on the Economics of Storks: Evidence on the Impact of Differential Family Policy on Fertility Rates in Canada

Edith Duclos, Pierre Lefebvre and Philip Merrigan

135: Why Banning the Worst Forms of Child Labour Would Hurt Poor Countries

Sylvain Dessy and Stephane Pallage

134: Canadian Consumption and Portfolio Shares

Michel Normandin and Pascal St-Amour

133: Testing for Structural Change in the Presence of Auxiliary Models

Eric Ghysels and Alain Guay

132: Tax Harmonization versus Tax Competition in Europe: A Game Theoretical Approach

Andre Fourcans and Thierry Warin

131: Forecasting with Real Business Cycle Models

Christian Zimmermann

130: Animal Spirits meets Creative Destruction

Patrick Francois and Huw Lloyd-Ellis

129: Labor Hoarding, Superior Information and Business Cycle Dynamics

Martin Boileau and Michel Normandin

128: Equilibrium in a Decentralized Market with Adverse Selection

Max Blouin

127: Self-enforcing Employment Contracts and Business Cycle Fluctuations

Christian Sigouin

126: Nominal Dynamics in Expected Market-Clearing Models

Christian Calmès and Frederic Dufourt

125: Tax Smoothing with Stochastic Interest Rates: A Re-assessment of Clinton's Fiscal Legacy

Huw Lloyd-Ellis, Shiqiang Zhang and Xiaodong Zhu

124: Magnitude X on the Richter Scale: Welfare Cost of Business Cycles in Developing Countries

Stephane Pallage and Michel Robe

123: Buying Out Child Labor?

Stephane Pallage and Christian Zimmermann

122: Centralized versus Decentralized Taxation of Mobile Polluting Firms

Georges A. Tanguay and Nicolas Marceau

121: Redistribution and Employment Policies with Endogenous Unemployment

Robin Boadway, Katherine Cuff and Nicolas Marceau

120: Prepondeance of the Evidence: Tort Rules and the Efficient Standard of Proof

Dominique Demougin and Claude Fluet

119: The Effect of Childcare and Early Education Arrangements on Developmental Outcomes of Young Children

Pierre Lefebvre and Philip Merrigan

118: Twin Engines of Growth

Huw Lloyd-Ellis and Joanne Roberts

117: Overlapping Generations of Cars

Max Blouin

116: On the Output-Inflation Relationship when Price and Quantity Adjustments are Costly

Leif Danziger and Claus Thustrup Hansen

115: Financial Intermediation with Heterogeneous Projects: An Application to the Japanese Credit Crunch

Mingwei Yuan and Christian Zimmermann

114: General Equilibrium Macroeconomic Models and Superior Information

Martin Boileau and Michel Normandin

113: Quality Undersupply and Oversupply

Max Blouin

112: On the Transmission of Monetary Policy Shocks

Kevin Huang, Zheng Liu and Louis Phaneuf

111: Optimal Time Consistent Fiscal Policy with Overlapping Generations

Steven Ambler

110: A Theory of Inalienable Property Rights

David Andolfatto

109: Child Labor and Coordination Failures

Sylvain Dessy and Stephane Pallage

108: Fiscal Shocks and Fiscal Risk Management

Huw Lloyd-Ellis and Xiaodong Zhu

107: Vertical International Trade as a Monetary Transmission Mechanism in an Open Economy

Kevin Huang and Zheng Liu

106: Chain of Production as a Monetary Propagation Mechanism

Kevin Huang and Zheng Liu

105: Staggered Contracts and Business Cycle Persistence

Kevin Huang and Zheng Liu

104: Tax Evasion and Trust

Robin Boadway, Nicolas Marceau and Steeve Mongrain

103: From Foraging to Agriculture

Nicolas Marceau and Gordon Myers

102: Business Tax Lobbying

Nicolas Marceau and Michael Smart

101: Limiting Court Behavior: A Case for High Minimum Sentences and Low Maximum Ones

Dominique Demougin and Stephane Pallage