Narrow search
Showing 1 - 10 of 107
Cover Image
Do ECB's Statements Steer Short-Term and Long-Term Interest Rates in the Euro Zone ?
Musard-Gies, Marie - HAL - 2006
In this paper, we aim at testing whether press conferences held after the meeting of the ECB's monetary policy council steer market short- and long-term interest rates in the euro zone. To meet this goal, we "codify" the statements according to whether they are neutral, hawkish, or dovish. We...
Persistent link: https://www.econbiz.de/10008794337
Cover Image
National influences inside the ECB: an assessment from central bankers' statements
Bennani, Hamza - HAL - 2012
This paper aims at discovering the national influences inside the Governing Council of the ECB for setting interest rates. We use a textual analysis of national newspaper articles related to each European central banker to analyze their expressed preferences. We proceed to a cluster analysis...
Persistent link: https://www.econbiz.de/10010899489
Cover Image
Who Supports the ECB? Evidence from Eurobarometer Survey Data
Farvaque, Etienne; Hayat, Muhammad- Azmat; Mihailov, … - HAL - 2012
This paper contributes empirically to the long-debated issue of the legitimacy of the European Central Bank (ECB) with regard to European polities. Using micro-level data from the Eurobarometer survey, we shed light on the socio-demographic determinants of public-opinion support for the ECB. We...
Persistent link: https://www.econbiz.de/10010899434
Cover Image
Public Attitudes towards Central Bank Independence: Lessons From the Foundation of the ECB
Hayat, Muhammad Azmat; Farvaque, Etienne - HAL - 2012
This study examines public opinion in 15 European countries, on the proposal to establish an independent European Central Bank (ECB). Using data from Euro- barometer surveys for 1998 to 2000, which included a speci c question on this issue, we show that in ation performance is not su cient to...
Persistent link: https://www.econbiz.de/10010899765
Cover Image
Redistribution, Pension Systems and Capital Accumulation
Hachon, Christophe - HAL - 2008
linkbetween contributions and benefits has an impact on the level of capital per capita if and only if there are inequalities of …
Persistent link: https://www.econbiz.de/10009643779
Cover Image
Capital Utilisation and Retirement
Bonleu, Antoine; Cette, Gilbert; Horny, Guillaume - HAL - 2011
This empirical analysis aims at assessing the effect of the economic climate and the intensity of capital utilisation … on companies' capital retirement behaviour. It is conducted using individual company data, as well as original data on … database is, to our knowledge, unique for the empirical analysis of the intensity of capital utilisation on firms' capital …
Persistent link: https://www.econbiz.de/10009353871
Cover Image
Mark-up and Capital Structure of the Firm facing Uncertainty
Chatelain, Jean-Bernard - HAL - 2001
This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market … imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the …
Persistent link: https://www.econbiz.de/10010750432
Cover Image
A Dynamic Analysis of Tied Aid
Hazari, Bharat R.; Laffargue, Jean-Pierre; Chao, Chi-Chur; … - HAL - 2007
In this paper we examine the impact of tied aid on capital accumulation and welfare in the presence of a quota on … and therefore reduce the stock of capital. In the presence of a strong production externality from capital accumulation …
Persistent link: https://www.econbiz.de/10010750921
Cover Image
On the long-run evolution of inheritance: France 1820-2050
Piketty, Thomas - HAL - 2010
This paper attempts to document and account for the long run evolution of inheritance. We find that in a country like France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in 1950, and back up to about 15% by 2010. A simple...
Persistent link: https://www.econbiz.de/10010738844
Cover Image
DE LA JUSTE VALEUR AU " COMPREHENSIVE INCOME "
Lacroix, Monique; Giordano-Spring, Sophie - HAL - 2005
juste valeur. Le " Framework " de l'IASB définit le capital de l'entreprise comme étant monétaire ou physique. Chacune de … ces conceptions du capital conduit à retenir des conventions d'évaluation adaptées pour la juste valeur des actifs et …
Persistent link: https://www.econbiz.de/10008876937