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The research program about the history of investment banking gauged in this text the legacy of Jacques Laffitte, one of the initiators of modern investment banking in the years 1800-1840. It assesses the reality of his contributions and argues about their role within the process of modernisation...
Persistent link: https://www.econbiz.de/10005741180
The annexation of Savoy by France fuels the issue of the fate of Banque de Savoie, because Banque de France was reluctant to share its monopoly as bank of issue, which explains the absorption of its rival in 1865. A second issue was the creation of local banking tools, embedded in regional...
Persistent link: https://www.econbiz.de/10008765003
Les mesures de restructuration de la dette publique mises en œuvre par l’Angleterre lors de la révolution financière Britannique consistaient à en améliorer la liquidité. À cet effet, d’une part l’État a cherché à rétablir sa solvabilité en fondant sa dette sur des recettes...
Persistent link: https://www.econbiz.de/10009141624
Depuis le déchaînement de la crise, l’organisation des transactions boursières n’a pas vraiment fait l’objet de velléités réformatrices. Pourtant, les opportunités spéculatives, comme les risques encourus dépendent aussi de l’organisation des marchés sur lesquels on opère. La...
Persistent link: https://www.econbiz.de/10008690919
French Abstract: Le Foncier jouit d'une gouvernance originale qui peut nous inspirer car il a parfaitement rempli sa mission de financement de l'immobilier. Le fort conflit d'agence entre actionnaires privés et dirigeants nommés par l'Etat est résolu par un conseil d'administration très...
Persistent link: https://www.econbiz.de/10013051507
The aim of this paper is to check whether the economic and monetary policies developed under the CFA area create co-movements of business cycles of member countries. Indeed, the synchronization of business cycles is a result which can help to appreciate the degree of regional integration. Using...
Persistent link: https://www.econbiz.de/10005595861
Persistent link: https://www.econbiz.de/10012177783
Estimation of spatial housing price indices requires a housing market segmentation into local sub-markets. In this paper, we use geographically weighted regression model (GWR) to take account for spatial heterogeneity of housing attribute marginal prices. Estimated marginal prices are then used...
Persistent link: https://www.econbiz.de/10015216254
Estimation of spatial housing price indices requires a housing market segmentation into local sub-markets. In this paper, we use geographically weighted regression model (GWR) to take account for spatial heterogeneity of housing attribute marginal prices. Estimated marginal prices are then used...
Persistent link: https://www.econbiz.de/10015217138
The socio-economic crisis of the mid-1980s experienced by Cameroon has had multiple consequences including unemployment and deterioration of study and supervision conditions in universities. The current situation of universities in Cameroon is characterized by low success rates. The purpose of...
Persistent link: https://www.econbiz.de/10015226579