Based on a unique database including almost 4000 credit files from 33 microfinance institutions (MFIs) located in Aquitaine, this paper intents to fulfill three objectives : identify MFIs operating in the region, evaluate to what extent these MFIs satisfy social needs and finally how the...

Social responsible investment is surging in all industrial countries, despite the conventional wisdom that the inclusion of extra-.nancial criteria in the stock selection process should arm the .nancial performance of these funds. As a consequence, many papers attempted to measure the .nancial...

Reposant sur une base de données unique totalisant près de 4000 prêts provenant de 33 institutions de microfinance (IMF) localisées sur la région Aquitaine, cet article poursuit trois objectifs : identifier les IMF opérant sur le territoire aquitain, évaluer à quels besoins celles-ci...

This article analyzes the effects of various capital controls on the autonomy of national monetary policy when a country tries to obtain simultaneously real exchange rate stability and price stability. First, we compare, on the basis of their effect on international returns equalization, the...

This paper investigates the impact of both exchange rate and futures price volatility on bilateral cereals exports from France. Using the Poisson pseudo-maximum likelihood (PPML) estimator developed by Santos Silva and Tenreyro (2006) to deal with the problem of zero trade ows when estimating a...