"La Nouvelle-Calédonie s'apprête à prendre un virage institutionnel et politique dans un monde qui a radicalement changé depuis les premières luttes pour la décolonisation. Vingt-huit ans après les accords de Matignon-Oudinot, alors que se profile une nouvelle date clé pour son avenir...

We reassess the trade impact of common currency arrangements – the Rose effect – on the basis of new empirical evidence stemming from the Oceanian Island Countries. In particular, we investigate how the conjunction of a common colonial heritage and membership in a common currency arrangement...

In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about...

In this paper we address the issue of how parameter uncertainty affects the optimal degree of central bank conservatism.The analysis is conducted in the standard macroeconomic model of a monetary policy game embedding an expectational Phillips-curve. Multiplicative "Brainard" uncertainty is...