[eng] Does market volatility increase ? . The French stock exchange has known a deep fall in prices for 3 years with great uncertainties on economic activity and firms' finances. So, this article deals with the size of market' s turbulences, their origins and the measures to take. A proper...

[fre] Gunther Capelle-Blancard, Thierry Chauveau L'apport de modèles quantitatifs à la supervision bancaire en Europe. Dans cette étude nous proposons un indicateur avancé du risque d'insolvabilité des banques qui repose sur une analyse quantitative. Cet indicateur, de type Camels, combine...

[fre] Les conséquences de diverses mesures de politique économique pour limiter la hausse des cotisations-retraite et mieux les répartir entre les générations ont déjà fait l'objet d'une étude publiée dans cette Revue (Cf. n° 47 octobre 1993). Cette étude faisait appel à la...

[eng] Pensions and demographics in France : the transition Thierry Chauveau and Rahim Loufir Since the end of the sixties, the fertility rate has drastically decreased in France as in most OECD countries. In the next decades, this demographic transition wili imply, if the current public pension...

[eng] The future of public pensions in the seven major economies Thierry Chauveau, Rahim Loufir In most OECD countries, the financing of the current public Pay-As-You-Go (PAYG) pension system may become quite worrisome due to the likely ageing of the population. This article provides an analysis...

[eng] In the sixties, the SCP (Structure-Conduct-Performance) paradigm used to be reffered to, by economists analyzing the banking market structure. Such a point of view was challenged by the New Industrial Economic School. It was emphasized that market structure should be determined...

[eng] Due to the likely ageing of the French population over the coming decades, the future financing of the current public, « pay-as-you-go » pension system is quite worrisome. If the currently foreseen stagnation of the population materializes, a choice will have to be made between keeping...