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Publications

finance

On the chaotic expansion for counting processes

We introduce and study an alternative form of the chaotic expansion for Poisson functionals, using a very specific (non-equivalent) Girsanov transformation; we name this alternative form pseudo-chaoti ...

Hillairet Caroline, Réveillac Anthony

Electron. J. Probab. 29 1 - 33, 2024

economics

Direct and Indirect Effects of Subsidized Dual Apprenticeships

Public interventions in the apprenticeship market often aim to increase demand or returns. We set up a double-sided experiment with youth and firms to analyze a subsidized dual apprenticeship program. ...

Crépon Bruno, Premand Patrick

The Review of Economic Studies, 2024

economics

Public Debt and the Political Economy of Reforms

How do electoral incentives influence the choice to experiment with a policy reform that generates uncertain future benefits? To answer this question, we examine a two-period model of redistributive p ...

Boyer Pierre, Roberson Brian, Esslinger Christoph

American Economics Journal: Microeconomics, Vol. 16, No. 3, 2024

economics

Local exposure to refugees changed attitudes to ethnic minorities in the Netherlands

We investigate the effect of exposure to refugees on locals’ preferences with regard to ethnic minorities using individual-level panel data from the Netherlands. The data combine self-reported prefe ...

Achard Pascal, Albrecht Sabina, Ghidoni Riccardo, Cettolin Elena, Suetens Sigrid

The Economic Journal, 2024