Mardi | 2018-10-02 Salle des thèses 16h – 17h20 Paolo ROBERTI – Matteo CERVELLATI – Giorgio GULINO This work studies the effect of the political fragmentation in a ruling coalition on fiscal policies. In more fragmented coalitions parties have an incentive to overspend, free riding on deficit. At the same time, a larger political fragmentation reduces the incentives of parties to tax their constituents, therefore decreasing total taxation. Using data on Italian municipalities, the paper exploits the random allocation of […]

Mardi | 2018-09-26 Salle des thèses 16h – 17h20 Anjeza KADILLI – Jaya KRISHNAKUMAR This article develops a flexible econometric framework to investigate the comovement between two endogenous variables within a nonlinear simultaneous equation model. The model controls also for indirect dependence which intervenes through common observed and unobserved factors. The comovement is modeled as a smooth and potentially asymmetric function of the magnitude of the endogenous variable. The threshold at which a shock is transmitted is estimated with the […]

Thèses soutenues en 2018 CALCAGNO Leonardo « Argentina’s social security system : a dynamic microsimulation model for projecting its sustainability, adequacy and redistributive impact« , (sous les directions d’Alexis DIRER et Anne LAVIGNE), soutenue le 11 décembre 2018. BORDIER-LE-BERRIGAUD Marie-Laure « Enjeux organisationnels et managériaux du Projet, le cas du Projet Associatif d’une fédération départementale d’associations », (sous les directions de Thierry Baudassé et Philippe EYNAUD (Univ. Paris 1), soutenue le 7 décembre 2018. MARAKBI Réda « Institutional Quality, Fiscal efficiency and Macroeconomic Performance » (sous les directions de Patrick […]

Mardi | 2018-09-18 Salle des thèses 16h – 17h20 Thais NUNEZ-ROCHA – Inmaculada MARTıNEZ-ZARZOSO In this paper, we built an environmental regulation index for a panel of countries over the period 1996-2008. The index, based on regulatory-intensity variables specific to a number of environmental topics, is used to investigate the effect of environmental laws on pollution. Three pollutants are considered, namely, PM 2.5, SO2 and NO2. A panel data model is estimated taking into account the determinants of environmental quality […]

Mardi | 2018-09-11 Salle des thèses 16h – 17h20 Natalia ZUGRAVU-SOILITA Based on panel data covering 114 countries, this study investigates the direct, indirect and total effects of trade flows in environmental goods (EGs) on total CO2 and SO2 emissions. Our multiple-equation GMM estimations reveal positive direct scale – [between-industry] composition effects prevailing on the negative direct technique – [within-industry] composition effects (if any), as well as compensating the significant indirect technique effects channelled by the stringency of environmental regulations […]

Mardi | 2018-07-10 Salle des thèses 15h – 16h20 Jarko FIDRMUC – Christa HAINZ – Werner HöLZL Bank lending policy has gained importance since the financial crisis. We study the determinants of firms’ perceived bank lending policy using panel data from the Austrian Business Climate Survey between 2011 and 2016. Our results show that firms’ perceptions of aggregate lending policy depend on their individual credit market experience. Different categories of negative experience, ranging from worse conditions to loan rejections, have […]

Mardi | 2018-07-03 Salle des thèses 16h – 17h20 Isabelle RABAUD – Thierry BAUDASSE – Thierry MONTALIEU The relation between trade and migration is the subject of many controversies. Are substitutions or complementarities at stake? This paper aims to analyze the links between exports of services and immigration. Our sample concerns immigration from 191 countries towards 20 OECD countries in 2000, 2005 and 2010. We show that a higher share of individual country immigrants in the population tend to increase […]

Mardi | 2018-06-26 Salle Sully 5 16h – 17h20 Christian DE PERETTI – Carole SIANI In the context of long memory, the finite-sample distortion of statistic distributions is so large, that bootstrap confidence intervals (percentile and percentile-t) for the long memory parameter do not perform better than the corresponding asymptotic confidence interval. In this paper, we propose confidence intervals based on inverting bootstrap tests for the long memory parameter. Monte Carlo experiments are carried out for assessing the confidence intervals […]

Mardi | 2018-06-19 Salle des thèses 16h – 17h20 Ion LAPTEACRU This paper raises questions about the consistency of the Z-score, which is the most applied accounting-based measure of bank risk in the banking literature. In spite of its advantage, namely the concept of risk on which it relies, the traditional formula is precisely inconsistent with its own concept. The Z-score is deduced from the probability that bank’s losses exceed its capital, but under the very unrealistic assumption of normally […]

Mardi | 2018-06-12 Salle des thèses 16h – 17h20 Jérémy RODRIGUES – Aurélie GAUDIEUX – Jacques VILLENEUVE Local data scarcity may lead Input-Output (I/O) analysts to build aggregated subnational models. Based on the case of the French economy, we claim that local I/O tables should instead be as detailed as the national ones. Any local data – never mind how aggregated – is more thoroughly used to adapt existing detailed national tables, than in an oversimplified model of the local […]