In this paper two characteristics a priori contradictory and yet coexistent in the daily returns of exchange rate euro/US dollar are drawn. The non-stationarity of the covariance structure of the series is shown and, after the extraction of the unstable variance using the algorithm based on the...

In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment-federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small, negative...

In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment‐federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small,...

[fre] Le nouveau SME est-il plus asymétrique que l'ancien ? par Christian Bordes, Éric Girardin et Velayoudom Marimoutou . Le présent article s'efforce de renouveler l'examen des relations d'asymétrie entre les taux d'intérêt des pays membres du SME et les taux d'intérêt allemand, de...

In the quasi-federal democratic polity that India has, lobbying for central funds by the states is often done in a subliminal fashion. Hence, it becomes difficult to get an account of how much lobbying has been done to a particular end. Our paper attempts at constructing certain political proxy...

[eng] Problems of measurement of the credibility of an exchange rate target zone. . Recent breakthroughs in the theory of exchange rate target zones have not been followed by similar contributions on the empirical side. Most of the estimates of expected depre­ciation inside the band do not take...