[fre] Gunther Capelle-Blancard Nicolas Couderc Licenciements boursiers chez Michelin et Danone : beaucoup de bruit pour rien ? Le débat autour des « licenciements boursiers » attire régulièrement l'attention des médias. Pourtant, contrairement à une opinion répandue, les cours boursiers...

The aim of this paper is to re-examine the consequences of AIDS on economic growth inAfrica.The model is based on two crucial hypothesis: i) AIDS has a short-term impact on a flow variable (the flow of labour available and capable of working at a moment t in the economy); ii) AIDS has a...

[eng] Required reserves : an overview . The operational framework for monetary policy chosen by the European Central Bank is characterized by a required reserves system that seems to be constraining for commercial banks, at least compared with the other OECD countries required reserves systems....

This paper investigates the relative importance of different types of news in driving significant stock price changes of firms in the defense industry. We implement a systematic event study with a sample of the 58 largest publicly listed companies in the defense industry, over the time period...

Aujourd’hui, le débat électoral américain donne lieu à des propositions généreuses et attrayantes pour l’électorat : Georges W. Bush envisage des réductions d’impôts tandis qu’Al Gore voudrait augmenter les dépenses (éducation et couverture maladie). Sur quoi se base une telle...

This paper investigates the relative importance of different types of news in driving significant stock price changes of firms in the defense industry. We implement a systematic event study with a sample of the 58 largest publicly listed companies in the defense industry, over the time period...