In this article, we analyze the real interest rate series of the three-month Treasury Bill rates in the framework of a SETAR model (Self Exciting Threshold Auto-Regressive). With the aim of disentangling the non-linearity from the non-stationarity cases, we use very recent threshold integration...

The purpose of this paper is to assess the importance of the electoral campaign to explain turnout and more precisely to evaluate the influence of electoral expenditures and of the multiplication of the candidacies. The study of the these two determinants supposes to control for the influence of...

We prove the existence of competitive equilibrium in a single-sector dynamic economy with heterogeneous agents and elastic labor supply. The method of proof relies on exploiting the existence of Lagrange multipliers in infinite dimensional spaces and the link between Pareto-optima and...