In this paper, we expose the economic conditions of cities emergence in a spatial general equilibrium framework. The presence of increasing returns based on the division of labour, transport costs and the possible existence of an agricultural surplus are enough to generate different possible...

Face à la mondialisation et à l'élargissement de l'Union européenne, le groupe de travail présente les conséquences pour les entreprises françaises notamment pour la répartition des activités entre les régions, les évolutions possibles des économies régionales, l'emploi et propose...

Les services représentent près des deux tiers des richesses créées dans les territoires des pays développés. L'objectif du groupe de travail : " Économie des services et territoires " est de proposer une analyse de la localisation des activités de services, en France, et des liens entre...

Within a 2 Country-4 Region setting we study the impact of a reduction in international transport costs over the localisation of firms inside countries.We find that even when countries are symmetrical, but as long as regions within countries are not entirely identical (whatever the differences),...

The reversibility phenomenon in the repeat-sales index is a serious obstacle for derivatives products. This article provides a solution for this problem, using an informational reformulation of the RSI framework. We present first a theoretical formula (simple, easy to interpret, and easy to...

Purpose – This paper aims to analyze the statistical characteristics of changes in property forward prices. As highlighted in a survey conducted at the MIT Center for Real Estate in 2006, the relatively weak understanding in their prices is one of the most important barriers in their use. In...

In this article the authors examine the motivation behind the formation of risk pools. They do so by using as suitable study data survey information collected among the rural poor of the Philippines. They discuss the possibility that network formation comes as the result of an attempt to...

This paper examines the evolution of wealth distribution in France during the urbanization process of the nineteenth century, based on a comprehensive dataset of individual inheritances. It presents a spatial decomposition between rural and urban areas, distinguishing Paris from the rest of...