A la question de savoir ce qu'est la New economy, nous répondons en proposant une double distinction : (i) la distinction des discours tenus sur l'économie U.S. des années quatre-vingt dix et des caractéristiques “réelles” de cette économie, et (ii) la distinction de trois acceptions...

In section 1 of this contribution, we will recall the usual arguments which are put forward to analyze the New Economy (NE) as the empirical realization of the Competitive Economic Equilibrium (CEE) model. After having stressed the limits of these arguments, we will try to show that some...

The present paper examines the meaning and usefulness of the concept of a New Economy. This construct, which first began to appear in the media in the mid-1990s, is utilised today with a variety of definitions and intentions. Having identified three possible denotations or orientations relating...

The American Institute of Contemporary German Studies (AICGS) assembled a group of researchers and policy makers in Germany and the United States to identify research and policy issues posed by the transformation we have come to call the new economy. This paper, which is the product of their...

We characterize sufficient conditions for full and decentralized disclosure of hard information in organizations with asymmetrically informed and self interested agents with quadratic loss functions. Incentive conflicts arise because agents have different (and possibly interdependent) ideal...

Cette communication a pour objectif d'examiner les études récentes à travers une revue de la littérature sur les processus d'innovation dans les firmes multinationales. Le but de cette revue est de fournir une feuille de route de ce domaine en mettant en avant divers aspects empiriques et...

Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to a fraction of market participants only (partial publicity) or by disclosing information to all participants but with ambiguity (partial...