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When does a developing country use new technologies ?
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - HAL - 2005
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a consumption...
Persistent link: https://www.econbiz.de/10010750836
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When Does a Developing Country Use New Technologies?
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - HAL - 2009
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a...
Persistent link: https://www.econbiz.de/10008795016
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When does a developing country use new technologies ?
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - HAL - 2005
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a consumption...
Persistent link: https://www.econbiz.de/10008795204
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When does a developing country use new technologies?
Bruno, Olivier; Cuong Le Van; Masquin, Benoît - In: Economic theory : official journal of the Society for … 40 (2009) 2, pp. 275-300
Persistent link: https://www.econbiz.de/10003852771
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When Does a Developing Country Use New Technologies?
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - Development and Policies Research Center (Depocen) - 2008
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a consumption...
Persistent link: https://www.econbiz.de/10005070009
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When does a developing country use new technologies ?.
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - Maison des Sciences Économiques, Université Paris 1 … - 2005
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a consumption...
Persistent link: https://www.econbiz.de/10005670942
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When does a developing country use new technologies?
Bruno, Olivier; Van, Cuong Le; Masquin, Benoît - In: Economic theory 40 (2009) 2, pp. 275-300
Persistent link: https://www.econbiz.de/10008261179
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When does a developing country use new technologies?
Bruno, Olivier; Van, Cuong; Masquin, Benoît - In: Economic Theory 40 (2009) 2, pp. 275-300
Persistent link: https://www.econbiz.de/10005004286
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Bank leverage, financial fragility and prudential regulation
Bruno, Olivier; Cartapanis, André; Nasica, Eric - HAL - 2013
We analyse the determinants of banks' balance-sheet and leverage-ratio dynamics and their role in increasing financial fragility. Our results are twofold. First, we show that there is a value of bank's leverage that minimises financial fragility. Second, we show that this value depends on the...
Persistent link: https://www.econbiz.de/10010933151
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No-arbitrage, overlapping sets of priors and the existence of efficient allocations and equilibria in the presence of risk and ambiguity
Dana, Rose-Anne; Van, Cuong Le - HAL - 2009
The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk averse variational preferences. A sufficient condition for existence of efficient allocations is that the relative interiors of the risk adjusted sets of expectations overlap. This...
Persistent link: https://www.econbiz.de/10010738543