This paper discusses how central banking is evolving in light of recent experience, with particular emphasis on the incorporation of uncertainty into policy decision-making. The sort of post-crisis uncertainty that central banks are dealing with today is more profound than that which is...

The payments landscape in Canada is rapidly changing and will continue to evolve, fuelled by strong and persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize Canada's core payment systems. This paper contributes to the discussion in three ways. First,...

Après avoir montré l’importance des bénévoles comme ressource des associations, cette communication pose la question de la nature et de l’intensité de leurs motivations. Une revue des travaux de recherche est alors proposée, pour aboutir à une typologie basée sur la nature des...

The contention was often made that the optimizing model of decision cannot by itself account for the whole of the pretheoretic concept of individual rationality. This paper raises a more drastic issue : are we sure that the optimizing model is one of rational decision making ? The first section...

Starting from the problem of existence of a Walrasian equilibrium in relation to the question of survival, the consequences of imposing a minimum real income are studied within the framework of a simple macro-economic model with a disaggregated labor market. Two solutions are considered to face...