This paper deals with the consequences of structural reforms on the European model or models of capitalism. It critically analyses the reform ideology and isolates some of its foundations. Some empirical results questioning the relevance of these foundations are proposed. It emerges from the...

The effect of the imperfection of collateral assignments of patents on the growth of innovations and the equilibrium interest rate is studied in this paper. It leads to the following results: security interests in patents leverage the growth of innovations and the effect of a reduction of the...