Afin de lutter contre le chômage « ...qui, en dehors de courts intervalles d’emballement, est une conséquence, et à notre avis une conséquence inévitable, de l’individualisme tel qu’il apparaît dans le régime capitaliste moderne. » (Keynes J.M., 1968, p. 394-395), Keynes propose...

Le faible niveau moyen d’efficience des institutions bancaires habituellement trouvé dans les études empiriques a été qualifié de « boîte noire » par Berger et Mester (1997). Cette étude cherche à identifier si les caractéristiques de l’environnement de même que celles qui sont...

Primary education plays a central role in the Burkinabe school system. Several projects have been launched that contribute to expanding the resources available for basic education in Burkina Faso. However, education systems in the different administrative regions of Burkina Faso may not all be...

A biofuels race has emerged because of the increasing cost of oil. In parallel, a growing concern for environmental protection has been observed. The expansion of biofuel production has occurs concurrently with raising prices of the foodstuffs. Developing countries like Mali have seen this...

While business cycles of industrialized countries have become more synchronized in the past decade, the gap between cross-country correlations in output and in consumption, known as the quantity anomaly, has widened on average. A two-country real business cycle model with national endogenous...

The economic literature has been investigating the positive relation between public infrastructure spending and the productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable general equilibrium model of the Quebec economy to...

La présente étude pose le problème de la productivité du capital humain dans les pays de l’UEMOA et de la CEMAC. Dans ce papier, nous mesurons l’efficience avec laquelle le capital humain est mis à contribution dans la production. Pour ce faire, nous appliquons la méthode du Data...

This essay examines the influence of a politician's party on her accountability to the electorate. It also considers what the conjectured waning of political parties may imply for the effectiveness of elections in disciplining politicians, and for voter welfare. The paper models the election...

Many developed countries have recently experienced sharp increases in home birth rates. This paper investigates the impact of home births on the health of low-risk newborns using data from the Netherlands, the only developed country where home births are widespread. To account for endogeneity in...

While many studies look into the effect of primary school quality on labor market outcomes in developing countries, little is known about the effects at higher education levels. In this paper, we use the experiment provided by a large-scale education reform launched in Senegal in 2000 to examine...