To evaluate the effectiveness of fiscal policy in Tunisia, we use the SVAR approach based on the work of Blanchard and Perotti (2002). Our paper shows the short-term macroeconomic efficiency of a structural increase in budgetary expenditure in Tunisia with a budget multiplier close to 2.7%, in...

The main consequence of globalization is to accelerate the process of concentrating the wealth all around the world. Nevertheless, it did not contribute to solve the contradictions of capitalism which is not able to boost a long-time accumulation. Therefore, there are tremendous pressures to...

Investment funds economy is in most of the recent researches on financial centers. Our survey, shows us that in Europe, the general a.nity is the consolidation of the positions in the short and medium terms with a link to the aim of wining new markets. In addition we conclude that the tax...

The current study attempts to assess Government of Quebec's public finances sustainability over a medium to long-run perspective

The current study attempts to assess Government of Quebec's public finances sustainability over a medium to long-run perspective

This article aimed to analyze the Congolese economic situation during the year 2020 with regard to the volatility observed in the indicators of the economic situation, including the evolution of monthly inflation and the exchange rate during the first eight months. The particular situation...

The objective of this reflection is to assess the effects of the current crisis on the Cameroonian economy faced with five shocks : (i) an epidemiological shock, (ii) a supply shock (iii) an internal demand shock, (iv) an oil shock, (v) a foreign demand shock. The joint occurrence of these...

This paper presents a model of activities fragmentation in investment funds industry. We consider two strategies: the national one is similar to protectionism and the other is relative to the international market. The financial center proposes adequate combinations of these two strategies in...

In this study we aim to determine the impact of investor behavior on investment funds strategies. Initially, we define the ideal profile of a potential investor in funds by highlighting risk aversion. We present a usual successive generation model in an open economy to characterize asset...

The purpose of this paper is to test if there exists an eviction of the private tourism investment by the level of land tax (patent tax and urban tax), linked to investment. The consideration of land tax variable and that of public infrastructure expenditure in the private investment equation...