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Empirical studies of physical investment usually rely on Tobin's average q (the market value of the firm divided by the replacement cost of capital), rather than marginal q (the present value of a stream of expected marginal profits) because the latter is unobservable. We build marginal q series...
Persistent link: https://www.econbiz.de/10005065749
In this empirical paper, we take a close look at the impact of the observed decline in the product market regulation, and hence in the barriers to entry and in impediments to competition, on inflation dynamics since the early 1980s.
Persistent link: https://www.econbiz.de/10010597506
Introducing costs of entry in the product market into a New Keynesian model with Calvo-type price setting and non zero steady state inflation is a means to restore output costs of disinflation in the short run, before output gains in the long run.
Persistent link: https://www.econbiz.de/10010664121
[eng] Although general to every developed country, growth of health spendings has been particularly important in France. However, this movement has not led to a relatively better state of health. In the past, some factors have played an important role but are not so strong anylonger: elimination...
Persistent link: https://www.econbiz.de/10008613930
[fre] En 1982, le déficit extérieur de la France s'est brutalement aggravé. L'indispensable redressement nécessite des efforts à la mesure de cette dégradation. Mais ceux-ci ne doivent pas pour autant hypothéquer l'avenir. Une projection de l'économie française à l'horizon 1988,...
Persistent link: https://www.econbiz.de/10008572751
[fre] À partir d'informations comptables et de dossiers bancaires relatifs à un échantillon de PME ayant déposé leur bilan entre novembre 1988 et janvier 1993, on étudie les comportements de l'entreprise en difficulté et de ses créanciers durant la période qui sépare le défaut de...
Persistent link: https://www.econbiz.de/10010979658
Persistent link: https://www.econbiz.de/10010979898
[fre] Une approche du coût de l'enfant -L'évaluation du coût de l'enfant est délicate. Il est déjà difficile, sinon impossible, d'isoler les dépenses qui lui sont affectées. De plus, son arrivée entraîne un remaniement du mode de vie de la famille, qu'il est malaisé de prendre en...
Persistent link: https://www.econbiz.de/10008555110
[eng] The Unification of VAT rates and macroeconomic mechanisms - What could be the impact on the French economy of a change in indirect taxation through VAT rates (possibly accompanied by a change in direct taxation on income) when the unified European market is created ? With the METRIC model,...
Persistent link: https://www.econbiz.de/10008555158
Persistent link: https://www.econbiz.de/10000869418