We study how managers respond to hurricane events when their firms are located in the neighborhood of the disaster area. We find that the sudden shock to the perceived liquidity risk leads managers to increase corporate cash holdings and to express more concerns about hurricane risk in...

This study develops a hybrid model to integrate climate risks into Côte d'Ivoire’s economic policy, drawing on the work of economists like Keynes, Ostrom, Stiglitz, Sen, and Nordhaus. The model combines decentralized governance, climate risk externalities, and capacity building to address the...

In this paper, we propose to solve the circular packing problem (CPP) whose objective is to pack n different circles C(i) of known radius r(i) , i = 1, …, n into the smallest containing circle C. The objective is to determine the radius r of C as well as the coordinates (x(i) , y(i)) of the...

Le crédit interentreprises est un des canaux de transmission du risque de défaillance des entreprises. Les impayés sur effets de commerce révèlent les interdépendances entre secteurs et leur potentiel de contagion, dès lors que les montants en jeu sont importants.

Nous proposons dans cet article une analyse critique du classement mondial des universités publié chaque année par l’Institut de l’Enseignement supérieur de l’Université Jiao Tong de Shangaï et plus connu sous le nom de « classement de Shangaï ». Après avoir rappelé comment le...

This paper investigates the estimation of productivity and preference shocks using a DSGE model. In the absence of government and international trade, this simplified framework provides a clear view of the internal dynamics of a closed economy. We analyze the impact of these shocks on...

From a multidimensional analysis of poverty which enables us, through the use of technique of fuzzy sets, to construct a poverty indicator in this perspective in Cameroon, we analyse the poverty gaps in our country by making use of the Dagum sub-group decomposition (1997) which breaks down the...

From a multidimensional analysis of poverty which enables us, through the use of technique of fuzzy sets, to construct a poverty indicator in this perspective in Cameroon, we analyse the poverty gaps in our country by making use of the Dagum sub-group decomposition (1997) which breaks down the...

The excess liquidity of commercial banks is very often mentioned in the CEMAC as one of the limits of monetary policy implementation by BEAC. In this paper, we tried to address excess reserves in the CEMAC banking system looking from the point of view of commercial banks. Indeed, commercial...