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Management Control and the Museums
Chatelain-Ponroy, Stéphanie - HAL - 2001
For many years French museums have been undergoing numerous changes, both evolutionary and environmental. They now face … current situation in France and the management practices within French museums. Using a semi-structured interview method, the … author researched several typical cases in order to understand how management control might be introduced into museums in …
Persistent link: https://www.econbiz.de/10008791497
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When does financial sector (in)stability induce financial reforms?
Lee, Susie; Schumacher, Ingmar - HAL - 2011
The article studies whether financial sector (in)stability had an effect on reforms in the financial sector in a large cross-country panel from 1990 to 2005. We forward the theory that countries are more likely to liberalize their financial sectors in times of financial stability. We argue that...
Persistent link: https://www.econbiz.de/10009368015
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Determinants of Global Liquidity Dynamics:a FAVAR approach
Djigbenou, Marie-Louise - HAL - 2014
Global liquidity, which consists of both monetary liquidity (quantitative easing and traditional policies) and funding liquidity, follows specific dynamics. The importance of these dynamics is reflected by the growing interest in international policy fora in the economic efects and determinants...
Persistent link: https://www.econbiz.de/10010899663
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Central Banking after the Crisis: Brave New World or Back to the Future? Replies to a questionnaire sent to central bankers and economists
Carré, Emmanuel; Couppey-Soubeyran, Jézabel; Plihon, … - HAL - 2013
This paper provides a snapshot of the current state of central banking doctrine in the aftermath of the crisis, using data from a questionnaire produced in 2011 and sent to central bankers (from 13 countries plus the euro zone) and economists (31) for a report by the French Council of Economic...
Persistent link: https://www.econbiz.de/10011025668
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The Failure of Financial Macroeconomics and What to Do About it
Chatelain, Jean-Bernard; Ralf, Kirsten - HAL - 2012
The bargaining power of international banks is currently still very high as compared to what it was at the time of the Bretton Woods conference. As a consequence, systemic financial crises are likely to remain recurrent phenomena with large effects on macroeconomic aggregates. Mainstream...
Persistent link: https://www.econbiz.de/10011025682
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Goodhart, Charles A.E. and Tsomocos, Dimitros P.: The challenge of financial stability: a new model and its applications
Chatelain, Jean-Bernard - HAL - 2013
This review of the book "The Challenge of Financial Stability: A New Model and its Applications" by Goodhart C.A.E. and Tsomocos D.P. highlights the potential of the framework of strategic partial default of banks with credit chain on the interbank market for further theoretical and applied...
Persistent link: https://www.econbiz.de/10011025863
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Stability and Identification with Optimal Macroprudential Policy Rules
Chatelain, Jean-Bernard; Ralf, Kirsten - HAL - 2014
This paper investigates the identification, the determinacy and the stability of ad hoc, "quasi-optimal" and optimal policy rules augmented with financial stability indicators (such as asset prices deviations from their fundamental values) and minimizing the volatility of the policy interest...
Persistent link: https://www.econbiz.de/10011026031
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The Future of Financial Markets and Regulation: What Strategy for Europe?
Gossé, Jean-Baptiste; Plihon, Dominique - HAL - 2011
This article provides insight into the future of financial markets and regulation in order to define what would be the best strategy for Europe. To preserve financial stability, Europe has to choose between financial opening and independently determining how to regulate finance. Among the five...
Persistent link: https://www.econbiz.de/10011026141
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Stability and Identification with Optimal Macroprudential Policy Rules
Chatelain, Jean-Bernard; Ralf, Kirsten - HAL - 2014
This paper investigates the identification, the determinacy and the stability of ad hoc, "quasi-optimal" and optimal policy rules augmented with financial stability indicators (such as asset prices deviations from their fundamental values) and minimizing the volatility of the policy interest...
Persistent link: https://www.econbiz.de/10011026203
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Monetary Policy and Credit Cycles: A DSGE Analysis
Badarau, Florina-Cristina; Popescu, Alexandra - HAL - 2012
The recent fi nancial crisis revealed several flaws in both monetary and fi nancial regulation. Contrary to what was believed, price stability is not a suffi cient condition for financial stability. At the same time, micro-prudential regulation alone becomes insu fficient to ensure the financial...
Persistent link: https://www.econbiz.de/10010821362