Dans cette étude, on montre l'importance de la syndication en tant que mécanisme de gouvernance spécifique au capital-investissement. A travers ce mécanisme, les capitaux-investisseurs exercent un contrôle lors de leur prise de participation. A partir d'un échantillon composé de 106...

This article aims to establish a link between the unemployment duration and the inter vivos transfers received by the unemployed individuals. We present a model where the transfer shapes the receiver's job search strategy while the donor bases it on the receiver's unemployment duration....

Quel pourrait être l'apport des analyses d'E. Ostrom dans le champ de la gouvernance sur Internet? Nous justifions d'abord notre appel au modèle du choix institutionnel, en montrant que le " système Internet " ne relève plus seulement d'une évidente logique de biens privés et d'une...

In this paper, we aim at assessing Markov-switching and threshold models in their ability to identify turning points of economic cycles. By using vintage data that are updated on a monthly basis, we compare their ability to detect ex-post the occurrence of turning points of the classical...

In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its persistence. For this purpose, we first develop a theoretical model based on the equilibrium matching framework of Mortensen and Pissarides (1999) and Pissarides (2000) where we...

Book review of "The Natural Survival of Work: Job Creation and Job Destruction in a Growing Economy". By Pierre Cahuc and André Zylberberg.

This paper uses repeated cross-section data ISSP data from 1989, 1997 and 2005 to consider movements in job quality. It is first underlined that not having a job when you want one is a major source of low well-being. Second, job values have remained fairly stable over time, although workers seem...

This paper provides new evidence on the linkages between a large array of institutional arrangements (on product, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates, thus allowing us to control for possible substitution...

The randomized trial literature has helped to renew the field of microeconometric policy evaluation by emphasizing identification issues raised by endogenous program participation. Measurement and attrition issues have perhaps received less attention. This paper analyzes the dramatic impact of...

This article evaluates the effects of intensive counseling schemes that are provided to about 20% of the unemployed since the 2001 French unemployment policy reform (PARE). Several of the schemes are dedicated at improving the quality of assignment of workers to jobs. As a result, it is...