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L’informel est-il une forme de fraude fiscale ? Une analyse micro-économétrique de la fraude fiscale des micro-entreprises à Madagascar.

Gautier, Jean-François - Université Paris-Dauphine - 2001

Since de Soto’s work, the entrepreneur’s choice to enter or not the formal sector is usually compared to a tax evasion … unknown by managers. This article tries to assess the accuracy of tax determinants on the formal-informal dualism. For that … purpose a tax evasion model is build and then tested on data from a survey undertaken in Antananarivo. Our regressions show …

Persistent link: https://www.econbiz.de/10008670514

La fiscalisation du secteur informel : recherche impôt désespérément.

Roubaud, François; Rakotomanana, Faly; Gautier, … - Université Paris-Dauphine - 2001

Many fiscal reforms in LDC’s have relied on the introduction of a presumptive tax. Aims were to simplify the tax system … negative distributive impact of the tax. …

Persistent link: https://www.econbiz.de/10008670522

L’information boursière comme bien public. Enjeux et perspectives de la révision de la directive européenne « Marchés d’instruments financiers ».

Hautcoeur, Pierre-Cyrille; Lagneau-Ymonet, Paul; Riva, … - Université Paris-Dauphine - 2010

Depuis le déchaînement de la crise, l’organisation des transactions boursières n’a pas vraiment fait l’objet de velléités réformatrices. Pourtant, les opportunités spéculatives, comme les risques encourus dépendent aussi de l’organisation des marchés sur lesquels on opère. La...

Persistent link: https://www.econbiz.de/10008690919

Effects of the Competition between Multiple Trading Platforms on Market Liquidity : Evidence from the MiFID Experience.

Gresse, Carole - Université Paris-Dauphine

Based on high frequency data from eight exchanges and a trade reporting facility for a sample of LSE- and Euronext-listed equities, this article compares global and local liquidity before and after MiFID and investigates how liquidity relates to market fragmentation and internalization. Market...

Persistent link: https://www.econbiz.de/10009653286

Liquidity Effects of Listing Requirements.

Draus, Sarah - Université Paris-Dauphine

I propose a model in which a stock exchange can improve its liquidity by tightening its listing requirements. Because these reduce information asymmetry, they increase the utility of investors and lead to a high investor participation on the exchange. However, the exchange never sets the highest...

Persistent link: https://www.econbiz.de/10008572193

Share repurchase regulations: do firms play by the rules?.

Hamon, Jacques; Ginglinger, Edith - Université Paris-Dauphine

Open market share repurchases are strictly regulated to prevent companies from profiting from insider information. We examine compliance with these rules in France, where the mandatory disclosure of share repurchases provides detailed information on repurchases actually undertaken. Using a...

Persistent link: https://www.econbiz.de/10008572199

The Certification Role of Listings.

Draus, Sarah - Université Paris-Dauphine

I propose a model in which firms can convey their quality by listing on a stock exchange. To list, firms must comply with costly listing requirements allowing investors to recognize imperfectly their quality. A profit maximizing exchange may set listing requirements leading to high information...

Persistent link: https://www.econbiz.de/10008572215

Intra-industry trade and economic distance : causality tests using panel data.

Venet, Baptiste; Peltrault, Frédéric - Université Paris-Dauphine

In this paper, we implement Granger causalty tests using panel data as methodology perfected by Hurlin (2004, 2005) and Hurlin and Venet(2004). We consider the bilateral trade patterns of the European Union with 17 countries over the period 1976-2000. We show that for the whole sample, there are...

Persistent link: https://www.econbiz.de/10008520054

Innovation, investment and regulation : What are the options for regulation in the near future ?.

Jennequin, Hugues; Flacher, David; Lorenzi, Jean-Hervé - Université Paris-Dauphine - 2006

This paper addresses the question of what options are available to regulate the sector in the near future. In order to answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying on existing literature, we argue that ex ante...

Persistent link: https://www.econbiz.de/10008532729

La relation finance - développement : un éclairage par le modèle de vecteur à correction d'erreurs pour cas du système financier tunisien.

Ben M'rad, Fatma Wyème; Jacques, Jean-François - Université Paris-Dauphine

Persistent link: https://www.econbiz.de/10008551630