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 […]

Mercredi | 2013-09-25 B103 Adbou Khadry SALL

Mardi | 2013-09-24 salle des thèses Nicolas DUBOIS-DUNILAC – Matthias PECOT xx

Thèses soutenues en 2013 HDR soutenue en 2013

Mercredi | 2013-09-18 B103 Aurélien LEROY – Désiré KANGA – Yannick LUCOTTE This paper examines the implications of banking competition for the interest rate channel in Eurozone over the period 2003-2010. Using an Error Correction Model (ECM) approach to measure the long and short-run relationship between money market rates, bank interest rates, and our competition proxy, the Lerner index, we find that competition (i) reduces the bank lending interest rates, (ii) increases the long-term interest pass-through and, (iii) speeds up […]

Mardi | 2013-09-17 salle des thèses Vicente UGALDE À travers la présentation d’un projet pour mettre en œuvre une installation pour le traitement des déchets dangereux au Mexique, la communication proposera une révision des 25 ans de la politique mexicaine des déchets dangereux. L’objectif est d’identifier les idées sous-jacentes de cette politique, et les principaux problèmes qui affectent sa mise en œuvre et de réfléchir à son avenir et son rôle dans la transition vers un comportement plus respectueux de […]

Mardi | 2013-06-25 B103 Sébastien GALANTI – Zahra BEN BRAHAM Financial analysts issue “buy”, “sell” or “hold” recommendation about stocks. Recommendations have value if investors trade upon them, which should affect prices and trading volumes. We use the methodology of event study to analyze price and volume reaction to the recommendation release. With a database of 2359 recommendations about 55 companies on the Tunisian Stock Exchange (BVMT) from 2005 to 2009, we show that prices and volumes react significantly to […]