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choose not to include anyindexation coverage in their wage contracts even when inflation is uncertain, unless theperceived … inflation uncertainty is high enough. Significantly, the exercise does not presume anyexogenous costs (e.g., transactions costs …) of including indexation links …
Persistent link: https://www.econbiz.de/10010750703
Nous décrivons une expérience en grandeur réelle de constitution d'un index thématique pour un ouvrage scientifique. Cet ouvrage est constitué d'une sélection de vingt-et-un articles de trois éditions des journées Ingénierie des connaissances (1999-2001). Ce corpus a été traité par...
Persistent link: https://www.econbiz.de/10008793147
The aim of this work is to bring an econometric approach upon the CO2 market. We identify the specificities of this market, and analyze the carbon as a commodity. We investigate the econometric particularities of CO2 prices behavior and their result of the calibration. We apprehend and explain...
Persistent link: https://www.econbiz.de/10010549078
structured product specific to the carbon market, the swap between two carbon instruments : The European Union Allowances and the …
Persistent link: https://www.econbiz.de/10010738507
several modelling methods for CO2 emission prices. We use these results for risk modeling of the swap between two CO2 related …
Persistent link: https://www.econbiz.de/10010603688
'orientation communautaire de l'échange de cadeaux mériterait d'être enrichie. Ainsi, en prenant l'exemple du swap de cadeaux sur Internet, nous …
Persistent link: https://www.econbiz.de/10009151147
Dans cet article, nous analysons le taux d'intérêt réel pour les bons du Trésor américain à trois mois par l'intermédiaire d'une représentation SETAR (Self Exciting Threshold AutoRegressive). Dans le but de distinguer la non linéarité de la non-stationnarité, nous utilisons des tests...
Persistent link: https://www.econbiz.de/10010750759
We use laboratory experiments with human subjects to test the relevance of di-fferent inflation targeting regimes. In … particular and within the standard New Keynesian model, we evaluate to what extent communication of the inflation target is … relevant to the success of inflation targeting. We -find that if the central bank only cares about inflation stabilization …
Persistent link: https://www.econbiz.de/10010899555
This article analyses the impact of oil price on bond risk premiums issued by emerging economies. No empirical study has yet focussed on the effects of the oil price on government bond risk premiums. We develop a model of credit spread with data from the EMBIG index of seventeen countries, from...
Persistent link: https://www.econbiz.de/10010935037
We provide a discipline for belief formation through a model of subjective beliefs, in which agents hold strategic beliefs. More precisely, we consider beliefs as a strategic variable that agents can choose (consciously or not) in order to maximize their utility at the equilibrium. These...
Persistent link: https://www.econbiz.de/10009418531