Notre collègue Vittorio Mazzotta décédé à l’automne dernier allait publier un article dans la Revue de la régulation.
Notes de la rédaction
L’article de Vittorio Mazzotta avait été accepté par le comité de rédaction de la Revue de la régulation juste avant le décès de son auteur, sous réserve de modifications mineures et de pure forme. Le comité de rédaction remercie les directeurs de thèse de Vittorio, Tristan Auvray et Emmanuel Carré, …[Lire la suite]
This article seeks to show how financialization is reshaping Public Health Care Systems (PHCS). To do so, we combine a theoretical discussion and an empirical investigation to examine the increasing participation of financial actors and instruments in these systems over the last decades. In the first part, we present the conventional approach for assessing PHCS transformation to date and argue for the need to incorporate the concept of ‘financialization’. In the second part, we suggest a method for …[Lire la suite]
Despite empirical evidence of permanent damages to GDP after the 2008 global financial crisis, there is little theoretical consensus about the impact of the crisis on the unobservable rate of capacity utilization. In this paper, we investigate how the rate of capacity utilization reacts to shocks by testing the hypothesis that the normal rate of capacity utilization is exogenous and constant, against the alternative hypothesis that it is endogenous to demand and can vary with time. We find …[Lire la suite]