Publications

Most of the information presented on this page have been retrieved from RePEc with the kind authorization of Christian Zimmermann
Optimal Transport for Counterfactual Estimation: A Method for Causal InferenceBook chapterArthur Charpentier, Emmanuel Flachaire and Ewen Gallic, In: Optimal Transport Statistics for Economics and Related Topics, Nguyen Ngoc Thach, Vladik Kreinovich, Doan Thanh Ha and Nguyen Duc Trung (Eds.), 2024, pp. 45-89, Springer Nature Switzerland, 2024

Many problems ask a question that can be formulated as a causal question: what would have happened if...? For example, would the person have had surgery if he or she had been Black? To address this kind of questions, calculating an average treatment effect (ATE) is often uninformative, because one would like to know how much impact a variable (such as the skin color) has on a specific individual, characterized by certain covariates. Trying to calculate a conditional ATE (CATE) seems more appropriate. In causal inference, the propensity score approach assumes that the treatment is influenced by $$\boldsymbol{x}$$x, a collection of covariates. Here, we will have the dual view: doing an intervention, or changing the treatment (even just hypothetically, in a thought experiment, for example by asking what would have happened if a person had been Black) can have an impact on the values of $$\boldsymbol{x}$$x. We will see here that optimal transport allows us to change certain characteristics that are influenced by the variable whose effect we are trying to quantify. We propose here a mutatis mutandis version of the CATE, which will be done simply in dimension one by saying that the CATE must be computed relative to a level of probability, associated to the proportion of x (a single covariate) in the control population, and by looking for the equivalent quantile in the test population. In higher dimension, it will be necessary to go through transport, and an application will be proposed on the impact of some variables on the probability of having an unnatural birth (the fact that the mother smokes, or that the mother is Black).

Public debt as private liquidity: the Poincaré experience (1926–1929)Journal articleAurélien Espic, Financial History Review, Volume 30, Issue 3, pp. 308-329, Forthcoming

In the follow-up to the 1926 political and monetary crisis in France, a new government led by Raymond Poincaré attempted to restore monetary stability by restructuring public debt. A sinking fund was missioned to withdraw short-term public bills from money markets. This policy disorganized the largest Parisian banks of the time, as they relied on these bills to manage their liquidity. Without developed domestic money markets, no other asset could absorb the excess liquidity freed by the withdrawal of these bills, and these leading banks faced a low-rate environment. In search of yield, they expanded their activities abroad a few months before the 1929 crash. These findings renew our understanding of the expansion of France's banking sector in the 1920s. In addition, they shed new light on the role of public debt in financial stability in an open economy.

Taxation du patrimoine, bouclier fiscal et contexte macroéconomiqueBook chapterLeconte Nicolas, Trannoy Alain and Wassmer Etienne, In: Etats de droits, Mélanges en l’honneur de Dany Cohen, 2023/10, pp. 365-380, Dalloz Lefebvre, Forthcoming
Measuring Social Welfare. An introduction, Matthew D. Adler, New York, Oxford University Press, 2019Journal articleFeriel Kandil, Revue de Philosophie Economique / Review of Economic Philosophy, Volume 23, Issue 2, pp. 227, Forthcoming

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Are Scholars’ Wages Correlated with their Human Capital?Journal articleDavid de la Croix, Frédéric Docquier, Alice Fabre and Robert Stelter, Repertorium eruditorum totius Europae, Volume 10, pp. 9-15, Forthcoming
Ramadan fasting increases leniency in judges from Pakistan and IndiaJournal articleSultan Mehmood, Avner Seror and Daniel Chen, Nature Human Behaviour, Volume 7, Issue 6, pp. 874, Forthcoming

Using data on roughly half a million cases and 10,000 judges from Pakistan and India, Mehmood et al. estimate the impact of the Ramadan fasting ritual on criminal sentencing decisions. They find that fasting increases judicial leniency and reduces reversals of decisions in higher courts. We estimate the impact of the Ramadan fasting ritual on criminal sentencing decisions in Pakistan and India from half a century of daily data. We use random case assignment and exogenous variation in fasting intensity during Ramadan due to the rotating Islamic calendar and the geographical latitude of the district courts to document the large effects of Ramadan fasting on decision-making. Our sample comprises roughly a half million cases and 10,000 judges from Pakistan and India. Ritual intensity increases Muslim judges' acquittal rates, lowers their appeal and reversal rates, and does not come at the cost of increased recidivism or heightened outgroup bias. Overall, our results indicate that the Ramadan fasting ritual followed by a billion Muslims worldwide induces more lenient decisions.

German and French decision-makers and the entry into the war in 1914: The lessons of a modelJournal articleAlain Trannoy, Revue Economique, Volume 73, Issue 6, pp. 977, Forthcoming

We build up a general purpose decision model to predict the choice between going to war and staying at peace for a rational decision-maker. This model articulates root causes such as the risk of future war and parameters such as potential gains in case of victory, potential losses in case of defeat, the probability of victory and the war human losses. We apply and calibrate this model to the case of German and French decision-makers at the very end of July 1914, taking into account the decisions already taken by Austria-Hungary and Russia and the uncertainty surrounding the decision of Great Britain. We assume a short war that does not last beyond 1914. Our model predicts the entry into the war of Germany and France, the argument of preventive war (going to war today rather than tomorrow) proving to be decisive for both countries, with the added benefit for France of the potential recovery of Alsace-Moselle in the event of victory. The computation reveals that of the two countries, it was France that seems to have the most interest in the war, making it possible to explain the passive behavior of the French leaders, Raymond Poincaré in the first place, who, if they did not provoke the war, did not really try to avoid it either.

Interpretable Machine Learning Using Partial Linear Models*Journal articleEmmanuel Flachaire, Sullivan Hué, Sébastien Laurent and Gilles Hacheme, Oxford Bulletin of Economics and Statistics, Volume 69, 2023

Despite their high predictive performance, random forest and gradient boosting are often considered as black boxes which has raised concerns from practitioners and regulators. As an alternative, we suggest using partial linear models that are inherently interpretable. Specifically, we propose to combine parametric and non-parametric functions to accurately capture linearities and non-linearities prevailing between dependent and explanatory variables, and a variable selection procedure to control for overfitting issues. Estimation relies on a two-step procedure building upon the double residual method. We illustrate the predictive performance and interpretability of our approach on a regression problem.

État des lieux de l’enseignement de l’éducation thérapeutique du patient dans la formation initiale des sages-femmes françaisesJournal articleEmilie Ohayon, Claire Marchand, David Naudin and Sébastien Riquet, Éducation thérapeutique du patient / Therapeutic patient education, Volume 15, Issue 1, pp. 10206, 2023

Objectives This study aims to establish an inventory of the teaching of Therapeutic Patient Education (TPE) in the initial training of French midwives. Method: A descriptive quantitative study was conducted in France. An online questionnaire comprising 27 questions was distributed to 35 French midwifery schools. Results: Out of 19 schools that responded to the survey, 11 taught TPE, 8 did not address it in training. This teaching is mainly transversal. The obstacles to the teaching of TPE are the current density of the program, the absence of a text regulating this teaching and the difficulties in circumscribing the field of TPE in relation to that of prevention, promotion and health education. The simulation is used in only one school. Discussion: This survey shows a willingness of educational teams to invest in the teaching of health education, including TPE. For this, it is a question of strengthening the training of teachers in order to clarify the areas of intervention of the midwife calling for health promotion, prevention and health education; to offer specific internships to students and to use simulation. Extending the duration of initial training is an opportunity to plan specific teaching and to discuss the place of the health service.

A Dynamic Theory of The Balassa-Samuelson EffectBook chapterHarutaka Takahashi and Alain Venditti, In: Topical Issues in International Development and Economics, 2023-12-04, pp. 333-343, 2023

The Balassa-Samuelson effect is still an important phenomenon in the theory of economic development, as Balassa states, "As economic development is accompanied by greater inter-country differences in the productivity of tradable goods, differences in wages and service prices increase, and correspondingly so do differences in purchasing power parity and exchange rates." To the best of our knowledge, the Balassa-Samuelson effect has not been formally examined in the framework of optimal growth theory. By embedding the Balassa-Samuelson's original model in an optimal growth model setting, we investigate the validity of the Balassa-Samuelson effect in such a case and show that the Balassa-Samuelson effect follows from one of the properties of the optimal steady state.