Mardi | 2013-11-05 B103 Rémi BAZILLIER – Sophie HATTE – Julien VAUDAY The goal of this paper is to study the influence of corporate environmental responsibility(CER) and national environmental standards on the location choices of the 600 biggest European firms. By using the environmental score provided by Vigeo, we are able to test the influence of the environmental performances of firms. We find a negative interaction effect between these environmental performances and national environmental regulations. This result is only valid […]

Mercredi | 2013-11-05 Sully 3 Robin BOUDIAS

Mardi | 2013-10-22 salle des thèses Xavier GALIEGUE L’innovation environnementale qui dépasse le seul domaine de l’innovation des éco-industries, connaît à l’heure actuelle un développement considérable. Pourtant ses effets sur la pression environnementale restent encore limités par la persistance d’ « effets rebond », liés la rétroaction exercée par l’amélioration de l’efficience dans l’utilisation des ressources sur leur consommation globale. L’innovation a d’autre part tendance à augmenter la pression sur l’environnement, par le développement des pratiques d’obsolescence programmée, notamment dans […]

Mercredi | 2013-10-22 B103 Rémi BAZILLIER – Ismaël ISSIFOU

Mercredi | 2013-10-17 Sully 9 Oana TOADER

Mardi | 2013-10-15 B103 Nicolas DEBARSY – Fei JIN – Lung-fei LEE This paper considers the large sample properties of the matrix exponential spatial speci cation (MESS) and compares its properties with those of the spatial autoregressive (SAR) model. We nd that the quasimaximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the MESS in both homoskedastic and heteroskedastic cases, consistency is proved and asymptotic distributions […]

Mardi | 2013-10-10 salle des thèses Hyacinthe DEFOUNDOUX – Célestin MAYOUKOU XX

Mardi | 2013-10-08 salle des thèses Mouez FODHA This article analyzes the long-term consequences of nuclear waste storage within a general equilibrium framework. The objective is to determine the conditions for which the storage of waste, and thus the transfer of externalities towards the future, can be optimal. These conditions could explain the implementation of intergenerational externalities, justifying an intertemporal Not In My Back Yard behaviour. We …rst show that the choice of the policy instruments determine the feasibility of […]

Mercredi | 2013-10-02 B103 Oana TOADER

Mardi | 2013-10-01 salle des thèses Emilia COROVEI – Simona MUTU Generally, the incentives of banks to stock liquid assets are driven by two reasons: the precautionary motive and the speculative motive. Using bank-specific balance sheet data this paper provides empirical evidence of the main drivers of liquidity hoarding behavior in the European banking system during 2004-2011. We propose a time-varying approach to distinguish between liquidity hoarding and non-hoarding banks. The methodology is based on the First Difference GMM estimator […]