La Suisse est, parmi les pays de l’OCDE, l’un de ceux où il y a la plus forte proportion d’immigrés – 27 % des personnes en âge de travailler sont nées à l’étranger – et la question de l’immigration occupe une place importante, tant dans l’agenda politique que dans le...

This paper studies the impact of financial inclusion on wealth accumulation. Exploiting the US interstate branching deregulation between 1994 and 2005, we find that an exogenous expansion of bank branches increases low-income household financial inclusion. We then show that financial inclusion...

In this paper, we review the macroeconomic literature on financial frictions and banking in a dynamic general equilibrium framework. Our work focuses first on the pioneer articles that have analyzed the amplification effects associated to the financial accelerator. We then shift our attention...

Over the last 12 months, the supervision of liquidity has become one of the most discussed issues by the central banks and the financial market authorities. The objective of this paper is to describe the off-site liquidity monitoring framework recently implemented as one of the supervisory tools...

In this study, we benchmarked the crisis resolution frameworks of the Member States of the West African Monetary Zone (WAMZ) with the Financial Stability Board's Key Attributes (KAs) of effective resolution regime for financial institutions, using survey-based methodology. Questionnaires,...

This paper studies liability management exercises (LME) by banks, which have comparable regulatory capital effects than contingent capital triggers. LMEs are concentrated on low capitalization situations, both in the cross-section and in the time series and are frequently associated with equity...

In this study, we benchmarked the crisis resolution frameworks of the Member States of the West African Monetary Zone (WAMZ) with the Financial Stability Board's Key Attributes (KAs) of effective resolution regime for financial institutions, using survey-based methodology. Questionnaires,...

Ce papier tente de cerner la configuration de la croissance et de la pauvreté en relation avec la dynamique des privations. Dans ce contexte, deux orientations seront poursuivies. D’une part, l’étude propose d’examiner les spécificités de la croissance pro-pauvres en fonction du...

The aim of this paper is to present the theoretical literature dedicated to the analysis of the motivations and the determinants of firms\' technological innovations. To this end, we follow a strategy of presentation that starts with the simplest possible framework in which the innovation can...

L’allègement des travaux domestiques et l’accroissement de la part de revenu du ménage sur lequel les femmes ont un pouvoir de décision sont deux objectifs de développement complémentaires quoique motivés par des raisons différentes. Pour atteindre ces objectifs, il convient de...