Année : 2014

Euro zone sovereign crisis spillover to real sector: Is banking sector liquidity a major conduit ?

Mercredi | 2014-12-17 salle B103, 12h-14h Hadi KHALIL – Syed Muhammad Noaman Ahmed SHAH In this paper, we try to analyze the spillover effects of sovereign debt crisis in Euro-area on non-financial corporate sector through banks liquidity creation transmission channel. The existing empirical literature mainly treats the sovereign-bank or bank-corporate nexus while gauging the spillover […]

Flexibility in the Market for International Carbon Credits and Price Dynamics Difference with European Allowances

Mardi | 2014-12-16 Sully 5, 16h-17h20 Djamel KIRAT – Claire GAVARD We analyze the price dynamics of European allowances and international carbon credits in the second phase of the European carbon market. We develop and use a model combining fundamental drivers associated with the demand for quotas by installations and risk-return considerations related to the […]

Mobile Phone in Sub-Saharan Africa: Impact on Technological Innovation and Economic Development

Mercredi | 2014-12-10 salle B103, 12h-14h Awa TRAORE Abstract: Major African cities came recently in the age of digital communications, mainly through the uprising of mobile phone networks which have experienced an impressive growth throughout the continent. The development of the continent mobile telecommunication market is providing many advantages in the economic, social and human […]

Financial openness, aggregate consumption, and threshold effects

Mardi | 2014-12-02 Sully 5, 16h-17h20 Daria ONORI – Marwân-al-Qays BOUSMAH We analyze the influence of financial openness on the level of aggregate consumption, a research question which has been left surprisingly unexplored by the previous literature. We construct a complete and balanced panel dataset of 88 countries for the period 1980-2010, and then differentiate […]

Ease vs. Noise: On the Conflicting Effects of Transportation Infrastructure

Mardi | 2014-11-25 Sully 5, 16h00-17h20 Gabriel AHLFELDT – Volker NITSCH – Nicolai WENDLAND The decision on where to locate transportation infrastructure is often a matter of great public dispute. Typically, positive and negative externalities arise simultaneously, exhibiting varying effects on localities in the surrounding area of the infrastructure. Given the difficulties in assessing these […]

Analyse empirique des sources de fluctuations de l’activité économique dans la zone UEMOA

Mercredi | 2014-11-19 salle B103, 12h-14h Ahmed Al Mahdi SAGNA Nous cherchons dans ce chapitre, à travers une modélisation VAR-structurelle, à identifier les chocs économiques responsables des fluctuations de l’activité dans la zone Uemoa, d’une part. D’autre part, nous cherchons à analyser l’évolution de la convergence de ces chocs, à l’aide d’une estimation dynamique des […]

Measuring returns to education and decomposition of rural-urban inequality: evidence from Senegal

Mardi | 2014-11-18 Sully 5, 16h00-17h20 Abdoul Aziz NDOYE This study provides a Bayesian estimation method for unconditional quantile regression based on the recentered inuence function (RIF). The method consists of estimating a non linear RIF-regression model using a Gibbs-within-Metropolis Hastings sampler to perform better in the presence of heavytailed distributions. These techniques are used […]