Gestion du risque de liquidité et offre de crédit pendant la crise
Mercredi | 2012-12-21 B103 Hadi KHALIL
Année : 2012
State Capacity and the Enforcement of Property Rights in the Natural Resource Sector
Mardi | 2012-12-18 B103 Louis HOTTE We analyse the general-equilibrium consequences of property right enforcement in the natural resource sector when exclusion is costly to achieve. The key assumption is that exclusion requires both private and public enforcement efforts to supplement each other. Our main question consists in comparing states that differ by their ability […]
Un réexamen de la non-linéarité entre le développement financier et la croissance économique
Mardi | 2012-12-04 B103 Comlanvi Jude EGGOH – Patrick VILLIEU Cet article présente un modèle simple de croissance endogène dans lequel le secteur financier améliore l’efficacité de la transformation de l’épargne en investissement. Le modèle fait apparaître l’existence de trajectoires multiples de croissance endogène à long terme, et la possibilité d’une relation non linéaire entre […]
Democracy and Financial development: Does the Institutional Quality Matter (Version préliminaire)
Mercredi | 2012-11-23 Sully 10 Abdelkader BOUDRIGA – Wafa GHARDALLOU- BEN AHMED This paper examines whether the effects of democracy on financial development are influenced by the quality of institutions using a panel dataset of a large sample of developed and developing countries over the period 1984-2006. The results indicate that democracy plays a direct […]
The Reproducible Research Movement: Crisis and Solutions (article non disponible)
Mardi | 2012-11-06 B103 Victoria STODDEN xx
Debt Renegotiation
Mardi | 2012-10-23 B103 Franck MORAUX – Florina SILAGHI – Sébastien GALANTI This paper develops a new model of debt renegotiation in a structural framework that accounts for both taxes and bankruptcy costs. Renegotiation consists of a permanent coupon reduction that occurs at an endogenous renegotiation threshold and that does not decrease the debt value, […]
The Political Economy of FDI Flows into Developing Countries: Does the Depth of International Trade Agreements Matter? (version préliminaire)
Mercredi | 2012-07-04 B103 Arslan Tariq RANA There is considerable debate whether the domestic political institutions specifically, the country’s level of democracy) of the host developing country toward foreign investors are effective in establishing the credibility of commitments are still underway, researchers have also analyzed the effect of international institutions such as (GATT/WTO) membership and […]
Stock Market Reaction to Layoff Annoucements: European Evidence (2002-2010)
Mardi | 2012-07-03 B103 Delia CORNEA-TATU – Gunther CAPELLE-BLANCARD The stock market reaction to layoff announcements depends on investors’ perception regarding the information contained in these announcements. In this paper, we examine this reaction using a new sample of restructuring announcements occurred in different European countries, over the period 2002-2010. The results reveal an overall […]