In this article we focus on carbon price dynamics, more speci…cally the impact of a policy envisaged by the European Commission to increase the CO2 price. This policy consists of removing a share of the allowances allocated for a period in order to reallocate some or all of them during the...

The widespread use of subsidies in the form of feed-in tariffs to foster the di¤usion of photovoltaics is recently being rediscussed in several countries. However, the difficulty to target tariffs may create a misalignment between pro…tability and installed capacity of panels. Our analysis...

The aim of this article is to provide a mid-term evaluation of liberalization of electricity retailing in Europe taking into account some relevant analytic con- straints: di erent and often conflicting theoretical points of view, shortage of routinely collected data, problems in isolating the...

In the next years, France will renew a consistent share of hydroelectric concessions, among which we find those insisting on the Aspe and its tributaries (for a total of almost 100 MW). Beauty contests will take place, where bidders will present offers for technical and environmental...

Many reviews were published these last years about the photovoltaic development. It also reflects the importance of green energy and business at the heart of today's preoccupations. According to the Global Market Outlook of May 2012, the global cumulative installed capacity switched from 40 GW...

This paper proposes a new methodology to check the economic performance of a monetary policy and in particular the inflation targeting policy (ITP). The main idea of this work is to consider the ITP as economically efficient when it generates a stable monetary environment. The latter is...

L'objectif de ce papier est de proposer une synthèse de la littérature traitant la relation entre volatilité et croissance. L'intérêt de ce papier consiste à montrer que cette littérature a évolué dans deux sens contradictoires et que la plupart des économistes retiennent les...

In this work, we study the inflation targeting effect on the inflation dynamics in the case of four industrial countries. Our objective is to check whether the inflation targeting policy (ITP) has a significant impact on the change of the inflation path. We use a non-parametric approach that...

In this paper, we study the inflation dynamics in an industrial inflation-targeting country (New Zealand). Our objective is to check if the inflation targeting policy has a transition period or not. Loosely speaking, we try to give some response to the famous debate: if the inflation targeting...

La politique de ciblage d'inflation est un régime monétaire qui vise l'inflation. Sa pratique a été marquée par une grande stabilité observée aux débuts des années 90 et 2000. Un débat émerge sur l'efficacité et la performance économique de ce régime. De nombreuses recherches se...