Auteurs
Mehrdad Vahabi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – mehrdad.vahabi@wanadoo.fr
Abstract
There is a vast literature and several surveys on the economic and political resource curse. However, the surveys often fail to capture two points: 1) they disregard the relationship between this recent literature and the staple theory and the staple trap; 2) the appropriability issue has only been treated tangentially and has never been the focus of …[Lire la suite]
Auteurs
Francisco Serranito, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
serranito@univ-paris13.fr
Abstract
This paper aims at testing the determinants of TFP in the case of a panel of African and Middle-East countries for the period 1970-2010. We get two main results. Firstly, the degree of openness of a country is the only variables that have a positive and robust effect on the TFP growth. Secondly, convergence is not an automatic phenomenon …[Lire la suite]
Auteurs
Nader Nefzi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
nefzinader@live.fr
Joel Oudinet, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
joel.oudinet@univ-paris13.fr
Mouez Soussi, PS2D, Institut de Hautes Etudes Commerciales Carthage
mouez.soussi@hotmail.com
Abstract
L’impact des transferts de fonds sur le taux de change effectif réel est analysé pour un panel de trois pays du Maghreb, la Tunisie, le Maroc et l’Algérie entre 1980 et 2015, à l’aide d’un modèle …[Lire la suite]
Auteurs
Isabelle Salle, Utrecht School of Economics, Utrecht University, NL
i.l.salle@uu.nl
Pascal Seppecher, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
pascal.seppecher@univ-paris13.fr
Abstract
This paper analyzes a range of alternative specifications of the interest rate policy rule within a macroeconomic, stock-flow consistent, agent-based model. In this model, firms’ leverage strategies evolve under the selection pressure of market competition. The resulting process of collective adaptation generates endogenous booms and busts along credit cycles. …[Lire la suite]