In this paper two characteristics a priori contradictory and yet coexistent in the daily returns of exchange rate euro/US dollar are drawn. The non-stationarity of the covariance structure of the series is shown and, after the extraction of the unstable variance using the algorithm based on the...

The paper attempts to construct political influence variables and explain discrepancies in fund disbursement through proper econometric specification in the Indian context.

Une estimation non parametrique du taux de change reel effectif d'equilibre de long terme du dirham vis-a-vis de l'Union europeenne à Quinze a ete realisee sur la periode 1967-2000 (donnees trimestrielles), en retenant les fondamentaux suivants : les termes de l'echange externes ; le taux...

[fre] Le nouveau SME est-il plus asymétrique que l'ancien ? par Christian Bordes, Éric Girardin et Velayoudom Marimoutou . Le présent article s'efforce de renouveler l'examen des relations d'asymétrie entre les taux d'intérêt des pays membres du SME et les taux d'intérêt allemand, de...

The work of Card and Krueger has cast doubt on the nature of the relationship between the minimum wage and teenage employment. The earlier "consensus" finding of a small but statistically significant negative effect was based on time series data whereas Card and Krueger's findings are based...

The work of Card and Krueger has cast doubt on the nature of the relationship between the minimum wage and teenage employment in the United States. The earlier "consensus" finding of a small but statistically significant negative effect was based on time series data whereas Card and Krueger's...

The work of Card and Krueger has cast doubt on the nature of the relationship between the minimum wage and teenage employment in the United States. The earlier 'consensus' finding of a small but statistically significant negative effect was based on time series data whereas Card and Krueger's...

[eng] The effects of interest rate changes in the new french financial environment. We study to what extent the effects of changes in short and long term interest rates on the components of aggregate demand were modified in France by financial deregulation in the mid-eighties. The use of a...

[fre] Les fondamentaux permettent-ils d'améliorer la prévision du taux de change franc-dollar ? . . Nous étudions dans quelle mesure on peut mettre en évidence une relation de long terme entre le taux de change quotidien franc-dollar au comptant et certains fondamentaux tels que les taux...