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Effets de voisinage et localisation : la ségrégation urbaine est-elle inéluctable ?.

Moizeau, Fabien; Tropeano, Jean-Philippe; Vergnaud, … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008

In this paper, we provide a theoretical framework for exploring the consequences of neighborhood informational effects - identified as role models - so as to deduce the urban configuration. With this aim, we have developed an overlapping generations model of community formation. When young, an...

Persistent link: https://www.econbiz.de/10005670859

Challenges of the “New Economy” for Monetary Policy

Cette, Gilbert; Pfister, Christian - In: International Productivity Monitor 8 (2004) Spring, pp. 27-36

While much attention has focused on the factors that brought about the so-called new economy, much less attention has been paid to optimal policy responses following the establishment of the new economy. In the third article, Gilbert Cette and Christian Pfister from the Bank of France provide...

Persistent link: https://www.econbiz.de/10005650259

Policy-mix : le besoin de coordination des politiques budgétaires entre pays est-il accru en union monétaire?

LASKAR, Daniel - Institut de Recherche Économique et Sociale (IRES), … - 2003

Dans un modèle à deux pays où on considère le policy-mix en réponse à des chocs, on examine la question de savoir si le gain résultant de la coordination des politiques budgétaires entre pays est plus élevé en union monétaire qu'en change flexible. On montre tout d'abord que...

Persistent link: https://www.econbiz.de/10004985411

Comment expliquer les disparités économiques dans l'UEM ?.

Sterdyniak, Henri; Mathieu, Catherine - Sciences Po - 2007

Depuis le lancement de l’euro, les économies de la zone euro ont connu des disparités persistantes et souvent croissantes. Ces disparités sont sources de tensions en Europe ; elles rendent difficile la mise en oeuvre de politiques économiques communes, tant structurelles que...

Persistent link: https://www.econbiz.de/10008575293

Quels régimes de change pour les marchés émergents ? Les solutions de coins en question

Allegret, Jean-Pierre - HAL - 2007

Les crises de change des années 90 se sont produites dans un contexte d'intégration financière internationale croissante. Elles ont relancé le débat relatif au choix du régime de change. Le triangle éternel de Krugman (1998) permet de comprendre les termes de ce débat. Ce triangle...

Persistent link: https://www.econbiz.de/10008788984

Which Currency Exchange Regime for Emerging Markets? Corner Solutions under Question

Allegret, Jean-Pierre - In: Panoeconomicus 54 (2007) 4, pp. 397-427

During the 90s, recurrent exchange rate crises in emerging markets have shown the extreme fragility of soft pegs, the so-called intermediate exchange rate regimes. As a result, numerous academic economists but also International institutions have promoted a new consensus: domestic authorities...

Persistent link: https://www.econbiz.de/10008554161

Financial Institutions and Liquidity of National Debt in England [1694 – 1720].

de Boyer des Roches, Jérôme; Bentemessek, Nesrine - Université Paris-Dauphine

liquidity. Accordingly, the State sought to reestablish its solvability by basing its debt on tax revenues as well as to … process of the creation of liquidity through the restructuring of the national debt. We establish the fundamental differences …

Persistent link: https://www.econbiz.de/10009141624

L'effet de levier de trésorerie

Juhel, Jean-Claude - HAL - 2008

The effect of leverage on liquidity is a tool for analysing the level of liquidity for a given production process. It … measures the sensitivity of the level of liquidity that results from changes in the volume of production and unit operating … flows from production influence liquidity levels. The estimated costs do not directly influence the level of liquidity …

Persistent link: https://www.econbiz.de/10008789411

Financialisation of strategies, risk transfer, liquidity, property and control (In French)

AUVRAY, Tristan; Gabriel COLLETIS (coord.) -; LAVIGNE, … - Groupement de Recherches Économiques et Sociales (GRES) - 2007

“risk transfer”. The second part examines financialisation from the point of view of the principle of liquidity by …

Persistent link: https://www.econbiz.de/10005007493

Excès de liquidité monétaire et prix des actifs.

Gouteron, S.; Szpiro, D. - Banque de France - 2005

The recent rise of excess liquidity in the United States and in the euro zone did not result in a resurgence of … inflation. Excess liquidity, rather than heading towards the market of consumer goods, could have moved towards the asset … Kingdom and Japan, there's no element pointing out an effect of excess liquidity on asset prices: there is no common trend in …

Persistent link: https://www.econbiz.de/10005056539