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]
Auteurs
Nicolas Pinsard, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
nicolas.pinsard@univ-paris13.fr
Yamina Tadjeddine, BETA, UMR-CNRS 7522, Université de Lorraine
yamina.fourneyron@univ-lorraine.fr
Résumé
L’édit de Paulette de 1604 est un acte juridique important dont nous proposons ici d’analyser les conséquences institutionnelles. Cet édit ne crée pas les offices qui existaient depuis le XIIIe siècle, mais il modifie leur nature en conférant des droits de propriété et de transmission inaliénables à l’officier dès lors …[Lire la suite]
Authors
Xieshu WANG, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
xieshu.wang@gmail.com
Joel RUET, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité
joel.ruet@gmail.com
Xavier Richer, University Sorbonne Nouvelle
xrichet@gmail.com
Abstract
The context of EU-China relations has dramatically changed over the past five years. China’s interest in Europe has expanded geographically and substantially. At the broader diplomatic and strategic level, the OBOR initiative has come to symbolize China’s growing significance in international …[Lire la suite]
Authors
Tristant Auvray
Membre du CEPN – Université Paris 13
tristan.auvray [at] univ-paris13.fr
Joel Rabinovich
Membre du CEPN – Université Paris 13
joel.rabi [at] gmail.com
Abstract
The financialisation of the nonfinancial corporation has drawn the attention of many scholars who have identified two channels by which financialisation happens: a higher proportion of financial assets compared to nonfinancial ones and a higher amount of resources distributed to financial markets. One of the consequences of this is …[Lire la suite]
This paper studies coordination between firms in a multi-sectoral macroeconomic model with endogenous business cycles. Firms are both in competition and interdependent, and set their prices with a markup over unit costs. Markups are heterogeneous and evolve under market pressure. We observe a systematic coordination within firms in each sector, and between each sector. The resulting pattern of relative prices are consistent with the labor theory of value. Those emerging features are robust to technology shocks.
Keywords: …[Lire la suite]