Zobrazeno 1 - 10
of 14
pro vyhledávání: '"Jean-Baptiste Michau"'
Autor:
Jean-Baptiste Michau
Publikováno v:
The Scandinavian Journal of Economics. 123:382-414
This paper investigates the provision of insurance to workers against search-induced wage uctuations. I rely on numerical simulations of a model of on-the-job search and precautionary savings. The model is calibrated to low skilled workers in the U
Autor:
Jean-Baptiste Michau
Publikováno v:
Journal of Economic Dynamics and Control. 100:1-28
This paper relies on the new Keynesian model with structural inflation persistence to characterize the optimal monetary and fiscal policy in a liquidity trap. It shows that, with a Phillips curve that is both forward and backward looking, the monetar
Autor:
Jean-Baptiste Michau, Oliver Denk
Publikováno v:
The Scandinavian Journal of Economics. 120:717-762
Workers are exposed to the risk of permanent disability. We rely on a dynamic mechanism design approach to determine how imperfect information on health should optimally be used to improve the trade-off between inducing the able to work and providing
Publikováno v:
SSRN Electronic Journal.
We consider a neoclassical economy where households derive utility from holding wealth. We show that, under some conditions, there can be rational bubbles. Hence, we provide a microfoundation for bubbles that relies on a frictionless infinite-horizon
Autor:
Robin Louail, Franklin Florin, Sophie Bernard, Jean-Baptiste Michaud, Jonathan Breton, Najate Achamrah, Marie-Pierre Tavolacci, Moïse Coëffier, David Ribet
Publikováno v:
Gut Pathogens, Vol 15, Iss 1, Pp 1-9 (2023)
Abstract Coagulase negative staphylococci (CoNS) are a heterogeneous group of bacteria that colonize different types of human epithelia. These bacteria have a highly variable pathogenic potential ranging from avirulent species to major nosocomial pat
Externí odkaz:
https://doaj.org/article/b0a461cbdfc840d6bee5a2552e6727c3
Autor:
Jean-Baptiste Michau
Publikováno v:
Journal of Public Economics. 111:1-16
In this paper, I characterize the optimal redistribution policy in a simple life-cycle framework with both an intensive and an extensive margin of labor supply. The extensive margin corresponds to the choice of a retirement age. The optimal allocatio
Autor:
Jean-Baptiste Michau
Publikováno v:
Journal of the European Economic Association. 11:1320-1347
This paper emphasizes the two-way causality between the provision of unemployment insurance and the cultural transmission of work ethic. Values affect the size of the moral-hazard problem and, hence, the policy to be implemented. Conversely, when par
Autor:
Jean-Baptiste Michau
This paper relies on a Ramsey model with money to o¤er a simple theory of secular stagnation. The permanent failure of the economy to produce at full capacity results from three features: (i) The combination of the zero lower bound on the nominal in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6efabee6ed07ace1aba64619ef5298ab
https://hal-polytechnique.archives-ouvertes.fr/hal-01211667/document
https://hal-polytechnique.archives-ouvertes.fr/hal-01211667/document
Autor:
Jean-Baptiste Michau
This paper characterizes the optimal policy within a dynamic search model of the labor market with risk-averse workers. In a first-best allocation of resources, unemployment benefits should provide perfect insurance against the unemployment risk, lay
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::23046cfe84ccfe43f3248430b6fe8c7c
https://hal.archives-ouvertes.fr/hal-00757173
https://hal.archives-ouvertes.fr/hal-00757173
Autor:
Jean-Baptiste Michau
Jean-Baptiste Michau argues that a declining work ethic helps to account for rising European unemployment from the 1970s.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::aaba380235c5a5e24e27eeee156db6bf
http://cep.lse.ac.uk/pubs/download/cp294.pdf
http://cep.lse.ac.uk/pubs/download/cp294.pdf