Le cacaoyer (nom botanique: Théobroma cacao L) est un arbre à feuilles persistantes. Il ne supporte pas les températures trop basses, raison pour laquelle il pousse en zone équatoriale où la température moyenne se situe autour de 27°C. Dès la fin du XIXe siècle, des plants de cacaos...

Les objectifs principaux de l’évaluation sont de: Rendre des comptes et fournir aux services de l'Union européenne (UE) ainsi qu'à un public plus large une évaluation indépendante et globale de ses relations de coopération et de partenariat passées et présentes avec la République du...

This evaluation covers Trade-Related Assistance (TRA) provided by the EU from 2004 to 2010. TRA relates to AfT category 1, trade policy and regulation; category 2, trade development; to category 5, trade-related adjustment activities relevant to TRA; and to category 6, other trade-related needs....

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

This monthly monetary model for the euro area is gradually constructed from its two constituting components: a money demand and a loan demand model which both include the relation between the respective retail bank rates and the short-term market interest rate. Eventually, the encompassing...

Traditional Taylor rules, which are estimated using a level specification linking the short-term interest rate to inflation and the output gap, are unstable when estimated on euro area data and forecast poorly out of sample. We present an alternative reaction function which takes the...

This paper estimates the factors underlying the volatility of the euro overnight interest rate and its transmission along the euro area money market yield curve. A new multivariate unobserved components model is proposed allowing for both long-memory and stationary cyclical dynamics. Using...

In the paper we propose a new methodological approach to core in- flation estimation, based on a frequency domain principal components estimator, suited to estimate systems of fractionally cointegrated processes. The proposed core inflation measure is the scaled common persistent factor in...