[fre] Le renforcement de la déontologie financière est une décision de nature collective que la place financière doit souhaiter dans son ensemble. Les mesures à prendre doivent à la fois : respecter le professionnalisme commercial des intervenants les plus dynamiques, facteur de progrès ;...

The idea of this article is to take in account both the existence of a domestic interest rate risk and an exchange rate risk. In an international context, we can show that the exchange rates premium is linked in a triangular relation with the two domestic term premiums. This equilibrium relation...

This article explores one type of financial market segmentation on the basis of the coexistence of two categories of investors, those who have unrestrained access to international markets and those who are limited to their national market alone one account of constraints principally related to...

This study examines the martingale difference hypothesis (MDH) for the carbon emission allowance market within the European Union Emission Trading Scheme (EU ETS) during the Phase I and the Phase II, using both daily and weekly data over the 2005–2009 period. We analyze the MDH for spot prices...