In this short paper, uncertainties on resource stock and on technical progress are introduced
into an intertemporal equilibrium model of optimal extraction of a non-renewable resource …

The weakness of the euro has been surprising given the widely-held expectation that it
would be a strong currency. This paper critically examines explanations for the slide in the …

This paper estimates the elasticity of intertemporal substitution for US aggregate time series
data, taking into account the precautionary savings motive. By making use of a recursive …

Supplement to “Relative Risk Aversion: A Meta-Analysis” Page 1 Supplement to “Relative Risk
Aversion: A Meta-Analysis” * Ali Elminejada, Tomas Havranekb,c, Zuzana Irsovab aNazarbayev …

Two central concerns in the sustainability debate are the weight given to the needs of future
generations and the application of the precautionary principle. In an economic model, these …

The present work is dedicated to theoretical aspects of long-term evaluation with a focus on
time and uncertainty structure. Motivated along the lines of global warming, the analysis …

The paper introduces a new notion of risk aversion that is independent of the good under
observation and its measure scale. The representational framework builds on a time …

The paper introduces a new notion of risk aversion that is independent of the good under
observation and its measure scale. The representational framework builds on a time …

Résumé Cet article est essentiellement empirique. Il a pour objectif de mesurer la prime de
risque sur les actions françaises (1960-1992) et d'évaluer, à l'aide de calibrages et …

The weakness of the euro has been surprising given the widely-held expectation that it
would be a strong currency. This paper critically examines explanations for the slide in the …