Pour que l'information tiree de la demande de monnaie soit fiable, il faut que cette relation soit stable dans le temps. Nous etudions la stabilite des demandes de monnaie pour M1, M2 et M3. Deux hypotheses principales sont testees. La premiere considere que l'omission du taux de change de la...

Using the influence-driven approach to endogenous trade-policy determination, we show how a free-trade agreement (FTA) with rules of origin can work as a device to compensate losers from trade liberalization. The FTA constructed in this paper is characterized by external tariff structures that...

In the present paper, we analyse the role of demand factors on wages and hours in Switzerland. To accomplish this task, we used the 1996 Swiss Wage Structure Survey, a large employee-employer survey. As in many other developed economies, inter-industry wage differentials are great, whether or...