This paper analyzes the effects of Inflation Targeting (IT) and Fiscal Rules (FR) on fiscal behaviors and inflation dynamics. Its main novelty is twofold: first, it is the first study which accounts explicitly for the role of the interactions between IT and FR regarding their fiscal and...

This article examines the influence of Policy Mix coherence in Economic Community of West African States (ECOWAS). The paper innovates in two ways. First, through an interaction between the monetary conditions index and the primary structural fiscal balance, we highlight coherence-type...

We explore the performances of inflation targeting (IT) adoption in terms of fiscal discipline (FD), while most existing studies focus exclusively on the role of FD as a precondition for IT adoption. Using a sample of developing and developed countries, we show that IT adoption exerts a positive...

This paper analyses the effect of National Numerical Fiscal Rules (FRs) upon fiscal discipline in 74 developing countries over the period 1990–2007. It is the first study that assesses the impact of FRs on budgetary outcomes while controlling for the self-selection problem. It finds that the...

The topic of this paper is the time needed by China for becoming the largest economy in the world, based on the current tendency of development. Four factors are estimated: GDP, speed of growth, exchange rate and GDP deflator. The results of the estimations lead to think that chinese economy...

This paper investigates the relationship between firm-level productivity and investment climate (IC) for a large number of countries (23) and manufacturing industries (8). We first propose three measures of firms’ productive performances: Labor Productivity (LP), Total Factor Productivity...

En apportant des fondements microéconomiques à la segmentation du marché du travail, la nouvelle microéconomie de l'emploi est restée focalisée sur une vision manichéenne des modes organisationnels de coordination des offres et des demandes d'emploi opposant le marché externe au marché...

After motivating the analysis by describing cross-border trade between Nigeria and its neighbours, this paper analyses the welfare effect of smuggling and of trade liberalisation. When smuggling occurs because of a tariff or an export tax, smuggling is detrimental if it entails some real...