The 2008/2009 financial crisis raised issues related to the monetary policy doctrine of the last two decades. Inflation targeting has been criticized as its main objective of inflation stabilisation might have diverted central banks from other concerns such as financial stability. As a first...

We contribute to the finance literature in two main ways. First, we present a theoretical capital asset pricing model (CAPM) to price assets in different market structures. Second, we use our model to analyze whether when markets are partially segmented using the local or the global CAPM yields...

Les politiques nucléaires nationales divergent fortement. Certains pays ont décidé hier, ou décident aujourd'hui, de développer l'énergie atomique, tandis que d'autres décident de renoncer à cette technologie. Ce document de travail1 s'interroge dans une première partie sur les...

Between January 2006 and April 2008, the prices of most of the agricultural products considerably rose in international markets. Empirical studies show that this spike in world food prices has increased the number of poor households in developing countries, but the magnitude is not the same in...

This paper focuses on the relationships between remittances, elections, and government consumption as a percentage of GDP. We combine data from the National Elections across Democracy and Autocracy (NELDA) dataset compiled and discussed in Hyde and Marinov (2012) and the World Development...

The goal of our paper is to analyze the differences in terms of effort sensitivity to monetary incentive schemes between nonprofit and for-profit salaried workers. Nonprofit organizations being more likely to be devoted to social missions, nonprofit workers would be more pro-socially motivated...

Longtemps considérés comme fiables, les tests génétiques se répandent dans quasiment tous les domaines de la société. Cependant, plusieurs auteurs à l'instar de Penacino et al. (2003) tirent la sonnette d'alarme et attirent l'attention sur les résultats fallacieux que peuvent engendrer...

Cet article examine si la dynamique des contextes professionnels dans l'industrie est associée à des profils spécifiques de formation selon l'âge. On observe, au cours des années 1990, un déficit de formation à l'informatique pour les ouvriers et employés de 50-59 ans dans les...

Relationships between health and economic prosperity or economic growth are difficult to assess. The direction of the causality is often questioned and the subject of a vigorous debate. For some authors, diseases or poor health had contributed to poor growth performances especially in low-income...

Dans ce texte nous décrivons et comparons les systèmes d'innovation de quatre grands pays asiatiques (Chine, Corée, Japon, Taiwan) à partir de quelques caractéristiques des inventeurs les plus productifs de ces pays. On mobilise le modèle évolutionniste de production de connaissance par...