[fre] L’objectif de ce travail est d’examiner les différentes façons dont la littérature académique aborde la pratique de l’habillage de portefeuille. Ce travail montre qu’il est plutôt fait mention du window dressing dans la littérature comme de l’un des phénomènes permettant...

[eng] Euro internationalization sources. The adoption of a single currency in Europe has revived the debate over the internationalisation of currencies. This paper presents the generally accepted criteria of internationalisation - the size of the issuing economy, its degree of commercial...

This paper presents a broad, quantitatively documented, overview of the French economy during World War One, trying to answer the question of whether the war was a turning point in French economic history. It first describes the various shocks the war imposed to the economy, from invasion to...

We present new indices of the Paris stock exchange during the interwar period. We first discuss the conditions for stock market indices to be useful instruments both of long term capital productivity measure and of portfolio performance, especially for international comparisons. We show that...

French life insurance remained underdeveloped in comparison with other countries during a long period between 1870 and 1939. We show that technical peculiarities of the contracts used and their interaction with macroeconomic fluctuations explain the wide fluctuations we observe in insurance...

We show that the size of the French public debt, the budget deficit and the monetary overhang made it impossible to stabilize immediately after World War I, even on the anti-keynesian assumption that a stabilization would have had no negative effects on income. The reason for the immediate...

This paper aims at giving an explanation of the changes in the number of bankruptcies during the second part of the 19th century and the beginning of the 20th. We firstly study the evolution of the French insolvency law and then we introduce some regional aspects. We indeed observe that the...

Dans la plupart des pays développés, les marchés financiers ont connu un essor rapide et important entre les années 1970 et 1990, après une longue période où ils ont occupé une place mineure dans le financement de l’économie. Cette phase n’est pas sans précédent, dans la mesure...