A strong economic recovery is underway in France, bolstered by progress on vaccination, strong fiscal support and solid private sector led investment. Employment has recovered to above pre-crisis levels and unemployment is virtually stable. Inflation is increasing, mainly driven by a rise in...

Bank of Canada research done prior to the most recent renewal of the inflation-control agreement in 2011 concluded that the benefits associated with a target below 2 per cent were insufficient to justify the increased risk of being constrained by the zero lower bound (ZLB) on nominal interest...

This thesis is an evaluation of the overall technical and economic mitigation potential in China agriculture and the conditions of putting a carbon price in this sector. The research scope is cropland emissions and particularly those related to synthetic nitrogen fertilizer use. The thesis is...

The aim of this research is to study the determinants of the use of direct versus intermediated solutions on the French housing market. The theoretical perspective of perceived transaction costs provides a useful framework for understanding the existence of a specific mode of transaction in real...

This thesis deals with different problems related to markets with transaction costs and is composed of four parts.In part I, we begin with the study of assymptotic hedging a European option in a local volatility model with bid-ask spread.In part II, we study the optimal consumption problem in a...

One of the most influential “lessons” of the moral hazard theory in health economics is that cost sharing can reduce health spending without damage on health status. This “lesson” has been enormously influential on policy makers. This paper shows that this theoretical and empirical...