'existence et aux fluctuations d'une bulle rationnelle. Nous développons une économie d'échange à générations imbriquées dans …'est-à-dire avec bulle rationnelle pure. Nous exhibons des fluctuations de l'activité et de la bulle, dues à la volatilité des … anticipations des agents. Une politique monétaire expansive peut immuniser l'économie contre de telles fluctuations endogènes. La …

growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …

We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no "one way" recommendation about energy-growth relationship that …

We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …

uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …

growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the …

The paper investigates the impact of ownership concentration on GDP growth, for a sample of 18 OECD countries over the … period 1980 to 2004. The econometric analysis shows that more concentrated ownership can speed up growth, for countries … regulation, the logic of financial markets discipline applies and dispersed ownership appears as more favorable for growth. Based …