This special issue of the Brussels Economic Review is dedicated to a selection ofpapers presented at the 2013 annual meeting of the European research group,GDRE (Groupement De Recherche Européen) Money, Banking and Finance. Thisinternational network, part of the CNRS (Centre National de la...

This paper first reviews the mainstream literature concerning the explanatory factors of fdis in the ceecs and specifically the exchange rate effects. We then present an empirical analysis of medium and long term exchange rate effects over the period 1995/2002, comparing us and eu investors...

The aim of this article is to investigate the determinants of attendance at French football Ligue 1 matches over the period 2008--2011 with an emphasis on examining the effects of both competitive balance and intensity before a match. Competitive balance is measured by the point difference...

Two approaches are used to analyze the impact of exchange rate variability on countries? specialization : Krugman [1991] underlines a positive effect of monetary integration on specialization while Ricci [1997] considers exchange rate variability as enhancing specialization. In line with these...

This paper analyzes the impact of exchange rate variability on the economic specialization of European countries. Two theoretical approaches are used: the first one, advanced by Krugman (1991), underlines that the monetary integration is favouring the specialization of countries members of an...

Cet article analyse l'inertie de la politique monétaire à partir d'une approche privilégiant les préférences des banquiers centraux dans une logique de comportement bureaucratique, compte tenu des contraintes du cadre institutionnel de l'Eurosystème. L'hétérogénéité des conjonctures...

Impact of monetary policy on asset prices : lessons from a MIU model applied to the Fed Abstract -A tractable consumption-based and money-based asset pricing model is built to relate in closed form the risk premium, the risk free rate and the volatility of asset price to parameters of monetary...