Why Should We Debate the Theory of Macrojustice?- THE MACROJUSTIC OF SERGE-CHRISTOPHE KOLM: General Presentation -- Economic Macrojustice: Fair Optimum Income Distribution, Taxation and Transfers -- PHILOSOPHICAL ASPECTS OF MACROJUSTICE: ELIE and the Emotions Related to Social Recognition --...

This paper shows how one can compute option prices from a Bayesian inference viewpoint, using a GARCH model for the dynamics of the volatility of the underlying asset. The proposed evaluation of an option is the predictive expectation of its payoff function. The predictive distribution of this...

We provide a ranking of economics departments in Europe and we discuss the methods used to obtain it. The JEL CD-ROM serves as a database for a period covering 10 years. Journals are ranked using a combination of expert opinions and citation data to produce a scale from 1 to 10. The publication...