For about thirty years, time series models with time-dependent coefficients have sometimes been considered as an alternative to models with constant coefficients or non-linear models. Analysis based on models with time-dependent models has long suffered from the absence of an asymptotic theory...

Publiée par la Commission européenne, l’étude examine l’évolution économique et technique du marché de l’édition scientifique en Europe. Elle a été commandée dans le cadre du débat public actuel sur les conditions d'accès aux publications scientifiques et sur leur diffusion....

This paper estimates the impact of loan officer subjectivity on microcredit granting by exploiting an exceptionally detailed database from a Brazilian microfinance institution. The loan officers collect field data, meet with applicants, and make recommendations to the credit committee, which has...

Microfinance is often assumed to be an ethically progressive industry, but in recent years it has been the target of much ethical criticism. Microfinance institutions have been accused of using exploitative lending techniques and charging usurious interest rates; and critics even question the...

A huge tension exists between recognizing sustainable development (SD) as a meta-discourse and accepting a limitless interpretational width. We analyse the impacts of diversity of worldviews on the interpretation of SD-as a knowledge-based concept-through a critical literature review, resulting...

This article examines the relationship between institutions and the remuneration of different jobs by comparing the German and Belgian labour markets with respect to a typology of institutions (social representations, norms, conventions, legislation and organizations). The observed institutional...