This article deals with the supply and fi nuancing of long-term care in France for people aged 60 and more. Since the beginning of the 21st century substantial progress has been made in the institutional design of dependency coverage as well as in the development of specific programmes and...

In 1998, retirement homes and long-term care facilities housed some 480,000 people over 60. We describe the main demographic features of this population: two-thirds are widows over 75, female residents are more likely to be dependent than male. We then survey the health, income,...

This paper examines the determinants of the time it takes for an index options market to be brought back to efficiency after put-call parity deviations, using intraday transactions data from the French CAC 40 index options over the August 2000 - July 2001 period. We address this issue through...

This paper examines the determinants of the time it takes for an index options market to be brought back to efficiency after put-call parity deviations, using intraday transactions data from the French CAC 40 index options over the August 2000 - July 2001 period. We address this issue through...

This paper examines the determinants of the time it takes for an index options market to be brought back to efficiency after put-call parity deviations, using intraday transactions data from the French CAC 40 index options over the August 2000 - July 2001 period. We address this issue through...

Despite the fact that real estate is the largest asset class in our economy, it is one of the few that do not have a mature derivatives market. Recent academic studies have shown that the lack of understanding of real estate derivatives’ prices is the main reason for the absence of a market....