French wage share in value-added has experienced important fluctuations for three decades. Nevertheless, recent studies have underlined that the usual indicator of wage share, by estimating labour remuneration of self-employed workers very badly, overestimates the French wage share decrease...

We analyse the issue of global imbalances and share the view that the US current account deficit result from economic developments inside the United States but also from the increase in saving in Asian countries. The globalization process helped financing deficits by significantly lowering...

Wholesale electricity markets are increasingly driven by the rules of competition while recent outages in different regions of the world suggest that security of supply is a public good. The objective of this paper is to show that security of supply and more generally, electricity supply has...

This paper presents a critical survey of the literature on trade openness. In the first part we start by analyzing distributive domestic issues that arise following changing trade patterns. We identify the sources of the problems, and assess the technical and political feasibility of measures...

The legal origin influences the development of the financial system which impacts on the long run economic growth. So, we would like to conclude on the superiority of a special legal tradition or the bank based/market based system. However, the architecture of the financial system is neutral. It...

This study compares the use of flexible working patterns in four European countries. In particular, working patterns that lead to a decoupling of working time and operating time are considered. The analysis is based on logistical regressions performed on individual data from the 2003 European...