Sur la décennie passée, la croissance de la productivité a souffert dans la zone euro d’une série d’ajustements sectoriels ; le caractère transitoire de ces ajustements permet d’envisager une accélération structurelle de la productivité.

Today, working in the industrialized countries is mainly a matter of middle-aged people (25 to 54 year old). This is particularly true in France where the participation rate for the less than 25 year old people is the smallest one in OECD countries and that for men older than 54 one of the...

We consider the VaR associated with the global loss generated by a set risk sources. We propose a sequence of simple models incorporating progressively the notions of contagion due to instantaneous correlations, of serial correlation, of evolution of the instantaneous correlations, of volatility...

During the last years, the financial markets have been subject to significant fluctuations of their financial actives. These spectacular movements have revived the interest, in the academic circles and policy makers and regulation and control authorities as well, for the financial market...