In this paper, we assess the success of the ongoing financial system reforms in China by investigating the extent to which firms are financially constrained. We focus on the role played by Foreign Direct Investment (FDI) in funding the Chinese corporate sector, and analyze whether incoming...

[fre] Cet article propose d’évaluer la capacité de la politique monétaire à influencer le produit et l’inflation dans les huit PECO ayant récemment adhéré à l’UE et les potentielles évolutions de ces mécanismes de transmission à la faveur des changements de régime monétaire...

How do firms' sales interact across markets? Are foreign and domestic sales complements or substitutes? Using a large French firm-level database that combines balance-sheet and product-destination-specific export information over the period 1995-2001, we study the interconnections between...

Using a new database of French municipalities that covers 821 towns and two elections (2001 and 2008), we examine how the budget structure, degree of electoral competition and the economic context affect the share of votes for the incumbent. We take into account the institutional details of the...