This paper deals with statistics�and econometrics�properties of fractionally integra- ted GARCH (FIGARCH). We compare these characteristics with those of traditional models. We insist on the GARCH exponential/IGARCH in�nite decrease of volatility impact. Then, we apply it on three Tunisian...

This paper implements a simulation-based method for estimating the parameters of Threshold Integrated Moving Average Models with contemporaneous asymmetry. Among many simulation-based methods we use the Indirect Inference method (II) with an autoregressive model as auxiliary model. To...

This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

L’article cherche à montrer que le régime monétaire particulier à Djibouti, le Currency Board, est un instrument permettant la gestion et la reproduction d’une rente géostratégique par un réseau d'acteurs nationaux (notamment les élites locales) et multinationaux (notamment les...

The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...

The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...