We study at an individual level the prices that banks pay for liquidity, measured here by overnight rates charged for unsecured loans on the e-MID trading platform, which is an important and transparent money market for European banks. Using data from both before and within crisis sub-periods,...

The strong American growth is considered as mainly coming from the diffusion of Information and Communication Technologies (ICT). It is at the root of the « new economy » concept. Good theoretical arguments support the thesis of a new technological paradigm, such as those delivered by General...

This study examines the relationship between ownership structures in large European companies and their innovative activity in terms of R&D spending. The analysis is performed on a sample of 324 large innovative companies over 8 years. Contrary to the view that institutional investors can have a...

This study examines the relationship between ownership structures in large European companies and their innovative activity in terms of R&D spending. The analysis is performed on a sample of 324 large innovative companies over 8 years. Contrary to the view that institutional investors can have a...

[fre] L'instabilité financière selon Minsky : l'incertitude et la liquidité au fondement du cycle ?. . La théorie de l'instabilité financière telle que H. P. Minsky la conçoit ne donne pas entièrement satisfaction. En particulier, il apparaît nécessaire d'approfondir le lien entre les...

[eng] Net. growth Forecast for the French economy in 2000 and 2001 Division economie francaise The GDP growth is expected to reach 4,2 % and 3,8 % in 2000 and 2001 respectively. Private consumption growth will stay high, being sustained by ample job creations, by present and advertised tax...

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