The main consequence of globalization is to accelerate the process of concentrating the wealth all around the world. Nevertheless, it did not contribute to solve the contradictions of capitalism which is not able to boost a long-time accumulation. Therefore, there are tremendous pressures to...

The RMI programme combines an allowance, associated rights, social accompaniments and activation measures. Since its creation in 1988, the operation of the programme has led to distinguish 3 modes of implementation ; minimum welfare, additional wages and unemployment benefit. The variety of its...

This paper presents the main improvements carried out to the macroeconometric model MZE since its creation in 2003. We have back-calculated the series over the period 1980-1995, in order to make the model more stable. To our knowledge, this paper is the first application of Kllians (1998) method...

L'objet de ce papier est l'étude des déterminants de l'offre de riz des ménages agricoles malgaches à partir des enquêtes des Observatoires Ruraux de 1996. Plusieurs démarches sont envisagées. Tout d'abord, l'étude des déterminants du rendement du riz au niveau des parcelles permet de...

En zone euro, les rigidités salariales nominales et la vitesse de la politique désinflationniste apparaissent comme des facteurs déterminants du « ratio de sacrifice ». En France, les changements de salaires sont assez fréquents mais largement prédéterminés, ce qui crée de la rigidité...

Several legal missions from the Federal Planning Bureau require the construction of long-term macroeconomic scenarios for the Belgian economy. In order to increase the consistency of these scenarios and to build them within a rigorous theoretical framework, it appeared important to develop a new...

The concepts of potential growth and output gap are important tools to evaluate the state of the business cycle and to assess the supply-side capacity of an economy. They have also become an essential ingredient of the European fiscal surveillance process. However, the global economy is facing...

La littérature sur la mesure et les déterminants de la production scientifique des enseignantschercheurs s’est montrée particulièrement prolifique ces dix dernières années. Le cas français est particulièrement intéressant à étudier tant les successions de réformes en vue...

This paper generalizes the Bollerslev and Zhang (2003) approach for the estimation of loadings of asset pricing models using "realized" measures and co-measures of risk. We propose here to extend this approach by including higher-moments in asset pricing models. Estimations are conducted using...