{"title":"Introduction. Special issue on unconventional monetary policies","authors":"Jean‐Guillaume Sahuc","doi":"10.3917/redp.302.0133","DOIUrl":"https://doi.org/10.3917/redp.302.0133","url":null,"abstract":"","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"68 1","pages":"133-135"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78397483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Intermittent Electric Generation Technologies and Smart Meters: Substitutes or Complements","authors":"Fadoua Chiba, S. Rouillon","doi":"10.3917/REDP.304.0069","DOIUrl":"https://doi.org/10.3917/REDP.304.0069","url":null,"abstract":"We model a simplified electric market with producers using either conventional or intermittent electric generators and consumers equipped with either smart or traditional meters. We calculate the investment in intermittent technologies and smart meters in a social optimum. We find that the optimal penetration of smart meters is increasing in the volatility of the electric spot price. As a consequence, intermittent capacities and smart-meters are complement, only if the correlation existing between intermittent energy and demand is negative or if the capacity of intermittent generators is large enough. Otherwise, larger intermittent capacities actually help to decrease the volatility of the electric spot price, making smart-meters less useful. We also give a numeral application, calibrated to represent the French electric market in 2016 and policy objective for 2030. We show in particular that a general adoption of smart meters would be optimal only if the cost of installing and operating smart meters was unrealistically low.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"20 1","pages":"573-613"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84361342","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Economic Analysis of Violent Crim","authors":"Petros G. Sekeris, T. Ypersele","doi":"10.3917/REDP.306.0133","DOIUrl":"https://doi.org/10.3917/REDP.306.0133","url":null,"abstract":"Dans cet article nous developpons un modele theorique permettant de mieux comprendre l’effet des lois sur le controle des armes a feu sur les crimes violents lies a l’appropriation de propriete privee. Nous supposons qu’une rencontre violente est couteuse aussi bien pour un criminel que pour sa victime et nous identifions deux types d’equilibres : un equilibre violent en strategie pure et un equilibre en strategie mixte dans le cadre duquel le criminel est dissuade avec une probabilite strictement positive. L’effet d’un assouplissement de la legislation sur les armes a feu depend du niveau des restrictions legales initiales en la matiere, ainsi que du gain d’efficacite relatif de la victime et du criminel. Nous mettons au jour une possible relation en U-inverse entre la souplesse des lois sur les armes a feu et les investissements en activites violentes, ce qui permet de reconcilier des resultats empiriques anterieurs contradictoires.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"108 1","pages":"975-999"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72931277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Gender Gap in Numeracy and the Role of Marital Status. Evidence from 19th century France","authors":"Faustine Perrin","doi":"10.3917/REDP.301.0051","DOIUrl":"https://doi.org/10.3917/REDP.301.0051","url":null,"abstract":"Evidence of conventional human capital indicators (e.g. literacy, educational attainment, years of schooling) by marital status is rare or inexistent for the period prior to the 20th century. An indicator of human capital frequently used for the pre-1900 period is the age heaping. We employ this method to chart and analyze the heterogeneity and gender-specific differences of cognitive abilities (numeracy) across France in the mid- 19th century by marital status. We find that married women heap significantly less than unmarried women, while single men heap less than married men. We explore the reliability of four hypotheses to explain those differences. We find that married and non-married women’s data are prone to bias and must be used carefully when accounting for basic numeracy skills. Yet, we find a robust correlation between literacy and numeracy. Our findings suggest that married women’s numeracy skills are more closely linked with indicators of human capital, e.g. enrollment rates, than non-married women’s and men’s numeracy skills.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"47 1","pages":"51-76"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90876987","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Balance Sheet Policies in a Large Currency Union: A Primer on ECB Non-Standard Measures since 2014","authors":"M. Darracq-Pariès, Niki Papadopoulou","doi":"10.3917/redp.302.0171","DOIUrl":"https://doi.org/10.3917/redp.302.0171","url":null,"abstract":"EnglishThroughout the euro area crisis, the ECB broadened the scope of its instruments and enacted a series of non-standard measures to address financial fragmentation across jurisdictions and restore an appropriate degree of policy accommodation. The transmission of these measures through the currency union depends on the financial structure prevailing in various regions. This paper explores the country-specific macroeconomic transmission of selected non-standard measures from the ECB using a global DSGE model with a rich financial sector: we use the six-region multi-country model of Darracq Paries and Papadopoulou [2019] to evaluate the macroeconomic effects of asset purchase programmes as well as credit easing measures taken by the ECB since 2014. The model accounts for credit and exchange rate channels of non-standard monetary policy measures. We show that the domestic transmission of the APP through the credit intermediation chain is significant and quite heterogenous across the largest euro area countries. The introduction of global portfolio frictions on euro area government bond holdings by international investors opens up for a larger depreciation of the euro which turns out to reinforce the macroeconomic propagation and narrow down the cross-country heterogeneity of the impacts. francaisDurant la crise financiere, la BCE a ete amenee a elargir le champ de ses instruments de politique monetaire, prenant des mesures non-conventionnelles dont le but premier etait de repondre au processus de fragmentation financiere entre les differentes juri-dictions de la zone euro et de restaurer un degre approprie d’assouplissement des conditions monetaires. La propagation de ces mesures au sein de l’union monetaire depend largement de la structure du systeme financier des differentes regions. Cet article explore justement les canaux de transmission de certaines mesures non-conventionnelles de la BCE, tout en tenant de l’heterogeneite au sein de la zone euro et en utilisant un modele DSGE global avec specification granulaire et realiste du secteur financier. L’analyse est basee sur le modele multi-pays a 6 regions de Darracq Paries et al. [2019] et se concentre notamment sur l’etude d’impact macroeconomique des achats de titres de la BCE depuis 2014. Le modele peut rendre compte a la fois du canal du credit des politiques non-conventionnelles mais aussi de leur transmission via l’environnement international et the taux de change. Les resultats de simulations indiquent une transmission domestique significative des achats de titres par la banque centrale via le canal de credit. L’impact macroeconomique s’avere tout de meme heterogene entre les Etats membre de la zone euro. L’introduction de frictions sur les choix de portefeuille d’actifs reste-du-monde modifie la transmission des politiques d’achats d’actifs par la banque centrale : cela implique une plus forte depreciation de l’euro, renforcant les effets expansionnistes des mesures et attenuant les dif","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"95 1","pages":"171-230"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82931911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Coase Goes to War: Contract Choice on the Battlefield","authors":"E. Piano","doi":"10.3917/REDP.306.0159","DOIUrl":"https://doi.org/10.3917/REDP.306.0159","url":null,"abstract":"Les approches economiques des conflits tendent a se concentrer sur leurs determinants, sur les facteurs qui influencent leur issue et sur leurs consequences pour les parties impliquees. Relativement peu d’attention est accordee a la maniere dont ces parties structurent l’organisation interne de leurs efforts pendant le conflit. Cet article s’appuie sur la theorie des choix contractuels pour developper un cadre d’analyse des groupes militaires. Ce cadre permet de faire des previsions sur deux aspects fondamentaux de l’organisation militaire : les proprietes du contrat entre un principal et ses agents, et l’attribution a differents agents de la propriete des biens militaires (armes, armures, châteaux, etc.). Ces predictions sont testees par rapport a des preuves historiques sur l’evolution de l’organisation militaire a travers le temps et l’espace.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"38 1","pages":"1001-1023"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82174533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Schultz et le capital humain : une trajectoire intellectuelle","authors":"Charlotte Le Chapelain, S. Matéos","doi":"10.3917/REDP.301.0005","DOIUrl":"https://doi.org/10.3917/REDP.301.0005","url":null,"abstract":"L’apport de Becker [1964] a la theorie du capital humain s’est rapidement impose comme une reference. Pourtant l’impulsion initiale donnee au programme est attribuee a la figure de Schultz. Schultz a en effet ete a l’origine d’une reflexion conceptuelle particulierement riche qui a contribue de maniere determinante au developpement du concept et de la theorie du capital humain. L’objectif de cet article est de retracer la trajectoire intellectuelle de Schultz relative au concept de capital humain afin d’eclairer la richesse – relativement sous-estimee, par rapport aux travaux de Becker notamment – de son apport en ce domaine.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"14 1","pages":"5-25"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76446457","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Are Anarcho-Capitalists Insane? Medieval Icelandic Conflict Institutions in Comparative Perspective","authors":"Vincent J. Geloso, P. Leeson","doi":"10.3917/REDP.306.0115","DOIUrl":"https://doi.org/10.3917/REDP.306.0115","url":null,"abstract":"Les anarcho-capitalistes affirment que les institutions de gouvernance privee pourraient se substituer efficacement au gouvernement, et font souvent reference a l’Islande medievale, qui etait gouvernee par le secteur prive. La pensee conventionnelle considere ceci comme insense : l’Islande medievale etait pauvre, et toute societe riche est dotee d’un gouvernement. Bien que cela soit vrai, au regard des normes modernes toutes les societes de l’Europe medievale etaient pauvres. La question de savoir si le niveau de vie aurait ete plus eleve sous un gouvernement en Islande medievale est une question empirique qui n’a pas ete evaluee de maniere empirique. Nous proposons cette evaluation en considerant le fait que, contrairement a l’Islande, d’autres territoires de l’Europe medievale etaient en partie gerees par un gouvernement. Nous utilisons des donnees historiques sur la stature humaine, les salaires et la croissance demographique pour comparer les niveaux de vie dans les territoires europeens medievaux. Le niveau de vie dans l’Europe medievale gouvernee par l’Etat ne semble pas avoir ete plus eleve qu’en Islande. Les anarcho-capitalistes, semble-t-il, ne sont pas si insenses.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"20 1","pages":"957-974"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81766579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Quite a Visible Hand? State Funding and Primary Education in 19th-century France and Italy","authors":"Gabriele Cappelli","doi":"10.3917/redp.301.0077","DOIUrl":"https://doi.org/10.3917/redp.301.0077","url":null,"abstract":"tj ; 3Cet article analyse le processus de convergence educative en France et en Italie, au niveau regional, sur le long XIXe siecle, lorsque les deux systemes educatifs repondaient d’une organisation decentralisee. Une nouvelle base de donnee harmonisee sur l’education primaire est presentee. Elle inclut des estimations des ratios bruts de scolarisation primaire, des depenses municipales par enfant en âge scolaire et des aides publiques des departements francais et des provinces italiennes. L’analyse montre qu’une convergence educative, au niveau regional, est apparue bien avant le passage a une organisation centralisee des systemes educatifs dans les deux pays. Toutefois, le rythme de la convergence regionale s’est accelere durant cette transition, et l’ampleur des investissements et aides de l’Etat a constitue un facteur d’importance pour la convergence regionale. Bien que de plus amples developpement soient requis – incluant notamment des facteurs rattaches a la demande d’education – les resultats suggerent, qu’au-dela de la simple reponse du marche et des caracteristiques de la demande educative, les institutions et la politique publique ont constitue plutot des « mains visibles », qui jouerent un role important pour le developpement de l’education dans les regions d’Europe du sud-ouest.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"74 1","pages":"77-105"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84754564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Introduction. Le capital humain : perspectives historiques et cliométriques","authors":"C. Diebolt, Charlotte Le Chapelain","doi":"10.3917/redp.301.0001","DOIUrl":"https://doi.org/10.3917/redp.301.0001","url":null,"abstract":"Depuis la « Revolution du capital humain », initiee a la fin des annees 1950, l'analyse economique reconnait le capital humain comme un facteur important de developpement et de croissance economique. La contribution du capital humain au processus de croissance demeure toutefois, paradoxalement peut etre, sujette a de nombreuses incertitudes. Sa comprehension precise se heurte, presque systematiquement, a la difficulte d'evaluer de maniere pertinente les dotations en capital humain. Cette difficulte constitue d'ailleurs la pierre d'achoppement du programme du capital humain depuis son origine. De nos jours, cette difficulte donne lieu a une critique severe de son programme de recherche, si ce n'est a sa remise en question.","PeriodicalId":44798,"journal":{"name":"REVUE D ECONOMIE POLITIQUE","volume":"47 1","pages":"1-4"},"PeriodicalIF":0.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80153462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}