L’objectif de ce papier est de proposer une synthèse de la littérature traitant la relation entre volatilité et croissance. L’intérêt de ce papier consiste à montrer que cette littérature a évolué dans deux sens contradictoires et que la plupart des économistes retiennent les...

Presumably, foreign banks open subsidiaries and branches in Luxembourg to perform different tasks. This paper studies the balance sheet structure of banks in Luxembourg, testing for differences across groups and across periods. Non-parametric methods yield several findings. First, specialisation...

We give in this note an overview of the way income inequality is approached in economics.\r\nWe first recall the basic properties that any inequality index is required to possess and\r\nwe insist on the distinction between the indices of relative inequality and the indices of\r\nabsolute...

We reformulate Grandmont's and its successors' notion of behavioral heterogeneity such as to get the exact insensitivity of the aggregate budget share function with respect to changes in prices and income, instead of a mere approximate insensitivity. We propose a non parametric set-up such that,...

This paper gives an overview of the way the issue of poverty measurement is typically addressed in economics. After having briefly defined what is meant by poverty in economics, I examine successively the unidimensional approach to poverty based on the income or expenses, and the...

Les impôts et les transferts en espèces réduisent en France les inégalités de revenu plus que dans beaucoup d’autres pays de l’OCDE en raison de la taille importante des flux concernés. Mais le système est complexe dans son ensemble. Son efficacité pourrait être améliorée à bien...

The main purpose of this paper is to study the economics of interchange fee in payment card association. The different arrangements for interchange fees and the nosurcharge rule lower the level of competition intensity that would otherwise have occurred and push interchange fees up. In many...

French Abstract: Cette étude a pour but d'évaluer la pertinence et le contenu prédictif des indicateurs de l'enquête qualitative trimestrielle auprès des banques sur la distribution du crédit (autrement dit le Bank Lending Survey ou BLS), dix ans après son lancement simultané dans tous...