Content
2016
- 1606 Convergence of bank competition in Central and Eastern European countries: Does ownership matter?
by Ion Lapteacru - 1604 On the consistency of the Z-score to measure the bank risk
by Ion Lapteacru - 1603 Distance Et Accès Au Crédit Bancaire Des Pme Sous Bâle Iii
by Thomas Humblot - 1602 Vertical Differentiation, Uncertainty, Product R&D and Policy Instruments in a North-South Duopoly
by Julien Berthoumieu & Viola Lamani - 1601 Foreign exchange investmentrules and endogenous currency crashes?
by Louis Raffestin
2015
- 1505 Technology Diffusion via Patent Collaborations: The Case of European Integration
by Julien Berthoumieu - 1503 The aim of this paper is to account for the observation that banks are both owners and clients of Multilateral Trading Facilities (MTFs) which were created in Europe after the implementation of the Markets in Financial Instruments Directive (MiFID). Using a duopoly model of two-sided markets, we show that banks' participation in MTFs crucially affects their objective function shape, pricing policy and profit. We show that when brokerage and trading activities are particularly important for banks' revenue compared to their profit as MTF operators, some market outcomes may emerge, whereby both MTFs include banks' interest as clients in their objective function. In these situations, although they earn negative profit as shareholders, banks benefit from lower fees as MTF's clients. This finally results in larger global revenue. This may explain why banks are at the origin of the creation of MTFs and why they maintain their stake despite negative profit
by Delphine Lahet & Anne-Gaël Vaubourg - 1502 Policy Instruments, Patents and International Technology Diffusion in a North-South Duopoly
by Julien Berthoumieu - 1501 International trade and structural change: a dynamic model of weak sustainability
by Louis Dupuy
2014
- 1406 Basel III and SME access to credit : Evidence from France
by Thomas Humblot - 1405 Source and host country volatility and FDI : A gravity analysis of European investment to Middle East and North Africa
by Dalila Nicet-Chenaf & Eric Rougier - 1404 Determinants of Global Liquidity Dynamics:a FAVAR approach
by Marie-Louise Djigbenou - 1403 Finance and international trade : A review of the literature
by Anne-Gaël Vaubourg - 1402 Chocs extérieurs et régimes monétaires en Asie du Sud-Est : une analyse DSGE
by Ibrahima Sangaré - 1401 In Search of the Banking Regulator amid U.S. Financial Reforms of the 1930s
by Dominique Lacoue-Labarthe
2013
- 1306 Contagion des crises de 1997 et 2008 en ASEAN+3 : un modèle VAR structurel
by Marien Coupaud - 1305 Quels sont les enseignements de l'histoire du fédéralisme américain pour la zone euro actuelle ?
by Dominique Jacob - 1304 We study whether financial analysts' concern for preserving good relationships with firms' managers motivates them to issue pessimistic or optimistic forecasts. Based on a dataset of one-yearahead EPS forecasts issued by 4 648 analysts concerning 241 French firms (1997-2007), we regress the analysts' forecast accuracy on its unintentional determinants. We then decompose the fixed effect of the regression and we use the firm-analyst pair effect as a measure of the intensity of the firm-analyst relationship. We find that a low (high) firm-analyst pair effect is associated with a low (high) forecast error. This observation suggests that pessimism and optimism result from the analysts' concern for cultivating their relationship with the firm's management
by Anne-Gael Vaubourg & Valdete Berisha-Krasniqui & Sébastien Galanti & Christophe Hurlin & Régis Breton - 1303 Differential export taxes along the oilseeds value chain : a partial equilibrium analysis
by Antoine Bouet & Carmen Estrades & David Laborde - 1302 Households heterogeneity in a global CGE model: Les effets des politiques de Quantitative Easing sur le taux de change : les enseignements de l’expérience américaine
by Michel Dupuy - 1301 Households heterogeneity in a global CGE model: an illustration with the MIRAGE-HH (MIRAGE-HouseHolds) model
by Antoine Bouet & Valdete Berisha-Krasniqui & Valdete Berisha-Krasniqui & Carmen Estrades & David Laborde
2012
- 201203 Global excess liquidity and asset prices in emerging countries: a pvar approach Abstract : The overly accommodating monetary policy is often accused of creating surplus liquidity and bubbles on the asset markets. In particular, it could have contributed to strong capital inflows in emerging countries, which may have had a significant impact on financial stability in these countries, affecting domestic financing conditions and creating a risk of upward pressures on asset prices. We focus in this paper on the impact of global excess liquidity on good and asset prices for a set of emerging market countries by estimating a panel VAR model. We define first global liquidity and highlight situations of excess liquidity. We then find that excess liquidity at the global level has spillover effects on output and price level in emerging countries. The impact on real estate and commodity prices in emerging countries is less clear
by Sophie Brana & Stéphanie Prat & Marie-Louise Djibenou - 201202 Construire l’attractivité durable régionale: l’exemple de l’Aquitaine
by Anne Musson - 201201 International Trade and Sustainability: A survey
by Louis Dupuy - 1205 Les indices composites sont-ils de bonnes mesures de la compétitivité des pays ?
by Raphaël Chiappini - 1204 Un réexamen de la relation entre commerce et Investissement Direct à l’étranger (IDE) à partir d’un modèle en panel dynamique Le cas de l’Allemagne, la France et l’Italie
by Raphaël Chiappini - 1203 Global excess liquidity and asset prices in emerging countries: a pvar approach
by Sophie Brana & Marie-Louise Djigbenou & Stéphanie Prat - 1202 Construire l’attractivité durable régionale: l’exemple de l’Aquitaine
by Anne Musson - 1201 International Trade and Sustainability: A survey
by Louis Dupuy
2011
- 201110 A note of poor-institution traps in international fiscal policy games
by Pierre Faure - 201109 Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union?
by Christina Badarau & Grégory Levieuge - 201108 Assessing the Effects of Financial Heterogeneity in a Monetary Union : A DSGE Approach
by Christina Badarau & Grégory Levieuge - 201107 Foreign Banks and the Stability of Foreign and Domestic Credit in CEECs
by Sophie Brana & Delphine Lahet - 201106 D’une crise à l’autre : Mesurer l’impact des prix alimentaires sur la pauvreté
by Delphine Boutin - 201105 Envoi de fonds et allocation du temps des enfants au Niger : L’effet indirect des chocs négatifs
by Delphine Boutin - 201104 Offshoring and export performance in the european automotive industry
by Raphaël Chiappini - 201103 Gouvernance territoriale durable via les PME : L’exemple de la région Aquitaine
by Anne Musson - 201102 Social Responsibility of the countries and their international trade : A gravitational approach
by Jean-Marie Cardebat & Alexandru Dimitrescu - 201101 Trade and investment in Latin America and Asia :Potential perspectives from further integration
by Antoine Bouët & Valdete Berisha-Krasniqui & Carmen Estrades & David Laborde - 1111 Should gouvernments be more permisive towards corruption ?
by Pierre-Henri Faure - 1110 A note of poor-institution traps in international fiscal policy games
by Pierre-Henri Faure - 1109 Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union?
by Christina Badarau & Grégory Levieuge - 1108 Assessing the Effects of Financial Heterogeneity in a Monetary Union : A DSGE Approach
by Christina Badarau & Grégory Levieuge - 1107 Foreign Banks and the Stability of Foreign and Domestic Credit in CEECs
by Sophie Brana & Delphine Lahet - 1106 D’une crise à l’autre : Mesurer l’impact des prix alimentaires sur la pauvreté
by Delphine Boutin - 1105 Envoi de fonds et allocation du temps des enfants au Niger : L’effet indirect des chocs négatifs
by Delphine Boutin - 1104 Offshoring and export performance in the european automotive industry
by Raphaël Chiappini - 1103 Gouvernance territoriale durable via les PME : L’exemple de la région Aquitaine
by Anne Musson - 1102 Social Responsibility of the countries and their international trade : A gravitational approach
by Jean-Marie Cardebat & Alexandru Dimitrescu - 1101 Trade and investment in Latin America and Asia : Potential perspectives from further integration
by Antoine Bouet & Valdete Berisha-Krasniqui & Valdete Berisha-Krasniqui & Carmen Estrades & David Laborde
2010
- 201007 An assessment of variances and covariances of European SRI funds returns : does the intensity of extra-financial negative screening matter?
by Yves Jegourel & Samuel Maveyraud - 201006 Assessing the Potential Strength of a Bank Capital Channel in Europe: A Principal Component Analysis
by Chistina Badarau & Grégory Levieuge - 201005 Dynamique des spécialisations et performances commerciales des pays d’Europe centrale et orientale(PECO)
by Raphaël Chiappini - 201004 La crise des subprimes : une analyse à l’aide de l’équilibre comptable des capacités et besoins de financement
by Max Maurin - 201003 Eight Years of Doha Trade Talks: Where Do We Stand?
by Antoine Bouet & David Laborde - 201002 Refining opportunity cost estimates of not adopting GM cotton : An application in seven sub-saharan african countries
by Antoine Bouet & Guillaume Gruère - 201001 Assessing the potential cost of a failed Doha round
by Antoine Bouet - 1008 Microcredit: an answer to the gender problem in funding?
by Sophie Brana - 1007 An assessment of variances and covariances of European SRI funds returns : does the intensity of extra-financial negative screening matter?
by Yves Jégourel & Samuel Maveyraud