Considering the impressive quantity of existing literature on the spread of nuclear weapons from the preventive perspective (nonproliferation), this comparative cross-national study draws on a less commonly discussed, yet equally significant, body of work focusing on nuclear renunciation, more...

The aim of this paper is to examine the links between certain processes and forms of decentralization and the emergence of participatory arrangements. More specifically, the paper will address the question: under what conditions are certain forms of decentralization conducive to a genuinely more...

In this paper, I explore the legacy of Bartolome de las Casas in the French Enlightenment. Las Casas, an early defender of the Indians, offers an argument for including the Other under the umbrella of moral egalitarianism that masks a latent tension between alterity and universalist claims about...

Following the adoption of information and communication technologies (ICT), firms are likely to face increasing skill requirements. They may react either by training or hiring the new skills, or by a combination of both. We first show that ICT are indeed skill biased and we then assess the...

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...

The paper investigates momentum investment strategies for the French Security Market during the most recent twenty years. The aims are to test whether such strategies perform persistently, i.e. they remain profitable today consistent with earlier literature, and if so, whether they are abnormal...

This paper aims at clarifying the relationship between institutional owners and firms' financial performance. We distinguish two categories of institutional investors: French and foreign. We examine also the nature of relations that may develop with firms. Our results for a sample of French...

This article develops a simple model using the economist's toolkit to analyze the mechanism of judicial proof. The survey focuses on the notions of burden of proof, legal presumptions, standard of proof, on legal procedure and on the judge's role during the proceedings. The rules of proof are...

This paper examines the relationship between institutional ownership and firm performance for 35 companies listed on the French financial market from 2002 to 2005. The empirical results provide evidence on the endogeneity of institutional ownership and support previous studies arguing the...

I build a simple dynamic model of the formation of an international social network of importers and exporters. Firms can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network of existing contacts. This model explains (i) the...