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[eng] The Internet bubble, a remake of the 1929 bubble ? . The Internet bubble shows similarities with the 1929 financial bubble, among others substantial variations in the stock prices in real terms on the New York equity markets, first upwards then downwards. This article proposes a comparison...
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This paper assesses the possible contemporaneous relationship between stock index prices, earnings and long-term government bond yields for a large number of countries and over a time period that spans several decades. In a cointegration framework, our analysis looks at three hypotheses. First,...
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This paper discusses the use of interest rates as the operating target for monetary policy in Tunisia and the roadmap for establishing the other building blocks of an inflation targeting framework. It argues that strengthening the effectiveness of the current monetary policy framework will...
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