Previous research has investigated the determinants and consequences of customer loyalty, but in banking, a critical yet often neglected measure is the customer’s ‘share of wallet’ (SOW). Since some customers are more active in either investments or loans, the study, based on a survey of...

We study the adoption of lean production in American manufacturing for the past fifteen years. It is based on an intensification of work and is accompanied by an increase of occupational injuries and illnesses. Thus, for detailed manufacturing industries, we proxy reorganization by an indicator...

Les lois de conservation restent peu utilisees en economie. Cette note offre une nouvelle version du theoreme de Noether adaptee au contrat optimal, methode d'optimisation dynamique la plus souvent retenue en economie theorique. Ce theoreme permet de determiner des quantites invariantes le long...

In this paper we present an optimal growth model with convex-concave technology, for an open developing country. The latter may choose to produce consumption goods by borrowing on capital markets. We prove there exists two non trivial steady states. An optimal path converges either to 0 or to...