Vol. 5 No. 1 (2020)
Vol. 5 No. 1 (2020)
La Revue Internationale des Économistes de Langue Française
June 2020
Vol. 5 No. 1 (2020)
Vol. 5 No. 1 (2020)
Articles
11 articles-
The ECB in the Adventure of Negative Rates: The NIRP
The ECB was the first of the G4 central banks to bring its interest rate into negative territory (NIRP, Negative Interest Rate Policy) in June 2014. In the arsenal used by the ECB, it is undoubtedly the most controversial. The aim of the...
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Teaching New Open Macroeconomics with a Simple "Toy Model"
This article introduces a static model of the New International Macroeconomics to address issues of monetary policy implementation in the open economy. This framework makes it possible to address in a simple fashion standard questions of open...
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Fiscal Consolidation : what Differences between Shock Therapy and Soft Adjustment?
After easing fiscal policies during the economic crisis, many countries faced a rising public debt and most of them have launched fiscal consolidation plans to stabilize and reduce the public indebtedness in order to restore the sustainability...
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Heterogeneity of the Okun's Law Coefficients across Developed Countries : Empirical Evidence on Nonlinear Influence of the Technological Gap
The magnitude of short run variations in unemployment induced by output shocks is influenced, interalia, by a variety of supply-side characteristics of the economy in question. This paper argues that one important element of those...
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Leverage Ratio Restrictions : an Empirical Evaluation of their Pros and Cons
Given recent regulatory changes under Basel III, we empirically examine the impact of leverage ratio and risk-based capital requirements on bank risk taking and lending, allowing for different degrees of supervisory strength. Using data for 66...
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The Invention of Shadow Banking
The spectacular rise of non-banking intermediation has led to a vast literature devoted to the analysis of the shadow banking phenomenon, considered to be the main reason for the banking and financial debacle of the great crisis of 2007-2008....
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Energy Poverty in Europe : Is there a Kuznets Relationship?
The phenomenon of fuel poverty is a problem recently identified in Europe and in particular in Southern and Eastern European countries. This paper investigates fuel poverty as an expression of environmental inequalities. It tests the existence...
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How to Save Water in Agriculture?
Agricultural use of water, accounting for 70% of water use worldwide, both contributes and is confronted to water scarcity. This problem becomes more urgent as world ' s population continues to grow and climate change is accelerating. Improving...
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Education, Taxation and Income Inequality: what Choices by the Median Voter?
This study is following Meltzer and Richard (1981) on the link between inequality and redistribution studied within the median voter model. We propose an original theoretical framework with heterogeneous choices of qualification by active...
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'Hybrid ' Competition, Innovation Outcomes and Regulation: a Duopoly Model
This paper presents a duopoly model in which a commercial organization and a community compete by providing digital products while being able to share their innovation outputs to develop their own activities. The commercial organization always...
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Network Dynamics : Heterogeneity, Rationality and Inertia
Revisiting the work of Farrell and Saloner (1985, 1986) on the processes of technological adoption or choice of standard, this article analyzes the problems related to the timing of decisions and deepens the study of the inertia effect in these...
