The paper investigates the potential effects of the exchange rate regime on the conditional volatilities and international correlations on bond and stock markets. The analysis is essentially empirical. It focuses on the recent experience of the EMS, and examines the behavior of domestic daily...

This first objective of the paper is to achieve a better understanding of the values and the worldview that lead traditional tribal societies to distribute wealth and incomes in manners that are hostile to economic change. The second objective can be persued namely that of identifying ways of...

Comme chaque annee, le Centre de Recherches sur l'Economie Wallonne des Facultes Universitaires de Namur publie son estimation de la position budgetaire de la Communaute francaise.

Le rapport s'articule en deux chapitres. Le premier concerne la Region de Bruxelles-Capital et le second traite des finances de la Cocof.

We consider a small open overlapping generation economy with descending altruism. We introduce heterogeneity within dynasties by assuming that each parent procreates a fixed proportion of selfsh children at each generation. Altruistic parents can recognize the type of each children and tike into...

Annotated bibliography on location problems.