We investigate the determinants of agricultural land price in several regions in France over the period 1994-2011 using individual plots transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. We found a positive but relatively small capitalisation...

The aim of this paper is to present and evaluate public regulations proposed by the American, German and Polish government during the economic crisis. This paper also discuss efficiency of proposed regulations.

The aim of this paper is to present and evaluate public regulations proposed by the American, German and Polish government during the economic crisis. This paper also discuss efficiency of proposed regulations.

A large part of the current debate on US stock price behavior concentrates on the question of whether stock prices are driven by fundamentals or by non-fundamental factors. In this paper we put forward the hypothesis that a present value model with time-varying expected returns provides an...

If legal audit is an institution recognized by a wide public, joint audit seems unknown. As financial information and auditor opinion are challenged, we wonder about the efficiency of a joint audit regulation in French limited companies. From the normative conceptual framework of the efficiency...

Food security, natural resources and climate change related questions focusing on a longer time horizon (2050+) are gaining importance. To assess the requirements and challenges entailed with the simulation of long-term issues in the agri-food sector the JRC-IPTS carried out the project...

How a cost shock is passed through to final consumer prices may relate to nominal price stickiness and rigidities, the existence of nonadjustable cost components, strategic markup adjustments, or other contract terms along the supply distribution chain. This paper presents a simple framework to...

Avec la crise financière des subprimes, les pays d'Asie de l'Est ont renforcé leur coopération financière en signant un accord officialisant l'étape de multilatéralisation de l'initiative de Chiang Mai annoncée au début de 2009. Cette signature, qui témoigne de l'accélération de...

Avec les récentes tensions au sein de la zone euro, le franc suisse s'est fortement apprécié face à l'euro, jouant un rôle de monnaie refuge internationale. Même si la Suisse n'est pas membre de l'Union européenne (UE), son degré élevé d'intégration de facto à celle-ci fait qu'une...