In three related papers, we consider a pure exchange financial economy, where agents may observe private information signals, form private anticipations and face an "exogenous uncertainty", on the future state, and an "endogenous uncertainty", on the future prices. At a sequential equilibrium,...

Recent economic literature on the impact of migration on the country of origin has not successfully analyzed the effect of migration on unemployment and wage rate especially in urban area. Using a detailed CGE model applied to the moroccan economy, we are able to show that if we take into...

We consider a pure exchange financial economy, where agents observe private information signals, form private anticipations and face an "exogenous uncertainty" on the future state, and an "endogenous uncertainty", on the future prices. At a sequential equilibrium, all agents expect the "true"...

Cross-national comparison of policies is basically linked, albeit implicitly, to translation for two main reasons. On the one hand, understanding policies from a comparative point of view is impossible without taking seriously the central role played by language in any political activity. On the...

In this paper, we review the macroeconomic literature on financial frictions and banking in a dynamic general equilibrium framework. Our work focuses first on the pioneer articles that have analyzed the amplification effects associated to the financial accelerator. We then shift our attention...

One year after the publication of Arrow's 1951 book Social Choice and Individual Values, Guilbaud (1912-2006) published in Économie Appliquée a 50 page's paper entitled Les théories de l'intérêt général et le problème logique de l'agrégation. In this paper -unfortunately too little...

In France, football has become a political issue. Concerned by the decline of French clubs in European competitions, the Government is considering several reforms to give clubs more financial resources to compete with the best European clubs. This paper, empirically based on a panel database,...

Tax cuts create simultaneously a lack of tax receipts and more savings ready to be changed into public bonds and compensate this shortage of tax revenue. A part of tax resources is replaced by borrowing and those who are enjoying tax cuts are also receiving interest from government. The...

This paper is the French contribution for an international comparative survey directed by the Japan Institute for Labour Policy and Training (Tokyo). It assesses available empirical data, analyses and debates. It obeys to the standard architecture of the international questionnaire :...

Are scientific arguments used for analysing "sustainable development" ? This issue is at the core of the EBP-biosoc research project of which we present a few aspects on the use of scientific knowledge through "Evidence Based Policy" method. The use of such a framework in social sciences...