This paper suggests, on the basis of the New Keynesian model, a measure of the degree of conservatism of the European Central Banker. At first, we notice that the appointment of the President of the European Central Bank was made after substantive disagreements about the degree of conservatism...

[eng] The new accounting principles adopted by the IASB will lead to the introduction of increased volatility in the profit and loss account and in the shareholder's equity of banks. The presentation of the net result and of the variations in equity not coming from shareholders' operations in...

[eng] Residence and source based taxation of capital income lead to international equalisation of pre-tax and post-tax rates of return, respectively. This paper shows how, in a steady growth state, these differences in taxation systems influence the sharing between demographic and per capita...

[eng] The influence of commodity taxes is studied in a standard neo-classical two-country model of international trade. The analysis focuses on the case where indirect taxation affects the relative price of commodities. It is shown that both the destination principle and the origin principle...

Two approaches are used to analyze the impact of exchange rate variability on countries? specialization : Krugman [1991] underlines a positive effect of monetary integration on specialization while Ricci [1997] considers exchange rate variability as enhancing specialization. In line with these...

[fre] Les nouveaux principes comptables retenus par l'IASB concourent à introduire plus de volatilité dans le compte de résultat et les capitaux propres des banques. Le rapprochement du résultat et des variations de capitaux propres dans un même état accentuera ce phénomène et diminuera...