The core of the paper is a medium-scale DSGE model calibrated for the Euro-Area with a detailed fiscal sector including both public consumption and public investment. The financing of the spending can be tax-based or debt-based. In the case of a debt-funded expenditure expansion, I find strong...

Using a two-country DSGE model, we analyze the spillover effects of fiscal policy in a monetary union. Based on a non-Walrasian labor market and a detailed fiscal sector, our analysis focuses on the relative cross-border effects of different kinds of fiscal instruments (expenditure side and...

Using a two-country DSGE model, we analyze the spillover effects of fiscal policy in a monetary union. Based on a non-Walrasian labor market and a detailed fiscal sector, our analysis focuses on the relative cross-border effects of different kinds of fiscal instruments (expenditure side and...

This paper examines the eco-innovation dynamics in the chemical sector by analyzing Sustainable Chemistry (SC) technologies and the organizations that generated those technologies. First, we build an original dataset of patents and investigate trends emerging from patent statistics. Second, by...

The aim of this paper is to assess the impact of union bargaining power on inflation and employment in a case of efficiency bargaining, in a context of a strategic game between Central Bank and social partners.

This paper investigates labour productivity dynamics for 1263 regional economies of the European Union during 1991-2007. Despite convergence is usually found to occur conditionally to economy-wide factors, this study reveals a clear process of unconditional convergence for nancial and...

Le prestige social associé à une profession, tout comme le salaire espéré, est un facteur important dans le choix d’orientation des individus. L’objectif de ce travail est de montrer que deux formations supérieures thématiquement différentes peuvent révéler un caractère...

We show that the preference to act as a leader rather than as a follower is related to subjects’ behavioral type. We rely on the methodology proposed by Fischbacher et al. (2001) and Fischbacher and Gächter (2010) in order to identify subjects’ behavioral types. We then link the likelihood...

Sous l’impulsion, notamment, de l’essor de l’économie expérimentale, la littérature récente a mis en évidence un large éventail de situations dans lesquelles les incitations monétaires échouent à orienter les comportements dans le sens désiré. Ce constat conduit à rechercher...

Dans un nouveau contexte économique dominé par la crise et la récession, la limitation directe des émissions des gaz à effet de serre (GES) à l'aide de la taxe ou des permis d'émission est plus que jamais difficile à mettre en place. Ainsi, on assiste à l'émergence des appels à...