Regarding the decline of book-to-market ratio, resulting from a very imperfect recognition of intangible capital, this paper aims to examine the foundation of organization capital measurement. By using the rule of representation (Ijiri, 1975), which indicates a lack of isomorphism between the...

Many countries simultaneously suffer from high rates of inflation, low growth rates of per capita income and poorly developed financial sectors. In this paper, we integrate a microfounded model of money and finance into a model of endogenous growth to examine the effects of inflation and...

We propose a model in which, as incomes grow, workers become less risk-averse and move from fixed-wage contracts to variable pay. This can explain the recent increase in wage dispersion between groups, within groups, and over the lifecycle.

Access to modern energy is believed to be a prerequisite for sustainable development, poverty alleviation and the achievement of the Millennium Development Goals. However, theoretical models and empirical results offer conflicting evidence on the relationship between energy consumption and...

Since 2004, the Government of Senegal has adopted an accelerated growth program in the aim o reducing poverty by half before 2015 (Millennium Development Goal). This article criticizes thi program by analysing his pro-poor components. It shows that policies are too much oriented toward sectors...

Depuis la fin des années 70, de nombreux pays dont ceux de l’OCDE se sont engagés dans des processus de libéralisation des industries de réseaux. Pour les marchés énergétiques, la transition s’avère particulièrement difficile. Les épisodes récents de « black-out » dans plusieurs...

On the basis of an in depth analysis of the flow of revenues within the music industry and of the emerging practices, we attempt to understand the logic at play in the current evolution of the structure of the industry. We claim that the record companies used to play a role that was useful for...

An introduction is presented in which the editor discusses several topics within the issue including developing an interest in materiality for the organizational research, workshops on materiality, and linking of materiality with the strategy practice agenda.