Taking into consideration the changes in the rules for the price support for agricultural and sea products, it seems appropriate to find out what other means could be used to cover the price risk in order to protect the commercial margin of these sectors of activity. The use of derivatives tools...

Taking into consideration the changes in the rules for the price support for agricultural and sea products, it seems appropriate to find out what other means could be used to cover the price risk in order to protect the commercial margin of these sectors of activity. The use of derivatives tools...

Depuis l'éclatement de la crise des subprimes en aout 2007, les autorités de tutelle ont accordé une attention toute particulière au rôle joué par les intermédiaires financiers dans les canaux de propagation des chocs récessifs sur l'économie réelle. L'objectif de cet article est...

This paper has two objectives.The first is to identify the long-term public perception of monetary policy.The second is to identify the relationship between this perception and long-term bond rates.For German data, the use of a two-factor model of the term structure results in the best forecast...

This paper has two objectives. The first is to identify the long-term public perception of monetary policy. The second is to identify the relationship between this perception and long-term bond rates. For German data, the use of a two-factor model of the term structure results in the best...

This paper has two objectives. The first is to identify the long-term public perception of monetary policy. The second is to identify the relationship between this perception and long-term bond rates. For German data, the use of a two-factor model of the term structure results in the best...

In this paper we compare a deterministic model and a Markov switching model to analyze the behavior of the US economy and the Federal Reserve. We examine both optimal and empirical monetary policies for the US Federal Reserve between 1960 and 2008. We compare the optimal monetary policy to the...