) is applied on a panel dataset, drawn from the French "Car Fleet" survey over the period 1999-2001. Importantly, the …

analyze a sample of an unbalanced panel of 2325 unlisted French companies of trade sector spanning over a period of 1999 to … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …

'une étude sur panel dynamique en utilisant la méthode des moments généralisée (GMM), qu'il y a une hétérogénéité des …

distributed on seven sectors taken over the period 1999-2006 by means of a study on dynamic panel by using the generalized method … of moments (GMM), we show that there exists heterogeneity of behavior between sectors regarding the impact of capital …

be explained by three essential theories: signaling theory, tax theory and the agency cost theory. Using panel data … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …

monetary policies (through deficit and seigniorage respectively) deform the GLC. An empirical section based on a panel of … developing countries provides GMM-system estimators that support our theoretical conclusions. …

be explained by three essential theories: signaling theory, tax theory and the agency cost theory. Using panel data … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …

After years of low macroeconomic volatility since the early eighties, well documented and referred to as the Great … countries. This Great Recession period was characterized by a sharp apparent increase in output volatility. In this paper we … evaluate whether this sudden event is likely to be temporary. Whether or not this new volatility regime is likely to persist …

some prior. It is shown that the more uncertainty averse and the more risk averse, the more likely are efficient …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …

, which allow to take into account observed behaviors as in Allais' paradox under risk or Ellsberg's paradox under uncertainty … uncertainty, and Quiggin and Yaari under risk, succeeded to characterize preferences which generalize the EU model, by means of a … for more diversified patterns of behavior under uncertainty as well under risk. …