In this paper, we aim at assessing Markov-switching and threshold models in their ability to identify turning points of economic cycles. By using vintage data that are updated on a monthly basis, we compare their ability to detect ex-post the occurrence of turning points of the classical...

This chapter assesses the extent to which economic activity and the carbon price are linked. Carbon price drivers can be mainly related to energy and institutional variables. However, the influence of the macroeconomic environment shall not be undermined. Various approaches exist in the...

International standard classifications were built to simplify the complex world of the business sector and analyse the international exchange of goods. Therefore they are less fitted to the classification of social economy organizations(SEO) and provision of services. Firstly this chapter...

Beyond the presupposed cleavage between economics and ethics, the institutional dimension of economic ethics is to the emphasized. The question is : how can we define collective legal rules which concern the whole society ? The other great issue of ethics formalization is then the implementation...

Why do "made in"labels matter? We study the effect of firm and country reputation on exports when buyers cannot observe quality prior to purchase. Firm-level demand is determined by expected quality, which depends on both past experience with the good and the country of origin's reputation for...

This article describes how the Trade Facilities Act (TFA) and the liquidation of certain government-owned assets spurred the industrial intervention of the Bank of England in the 1920s. What emerges is a much greater role of the Treasury in the Bank of England's industrial intervention than has...

The ICT sector is featured by technical progress, convergence and systems integration. This leads to risks of monopolization regimes at the core with higher competition regimes at the periphery. Moreover, some specific component of the system may be essential for its evolution. In particular,...

Während sich Moskau im Herbst 1993 unter und Ober der Erde in einen Straßenmarkt verwandelt hatte, waren die Strategien und Perspektiven der russischen Betriebe von der Zerschlagung von Staatsmonopolen, Privatisierungen und Joint Ventures geprägt. Mit welchen Vorstellungen die Beschäftigten...