This article investigates the dynamics of regional financial integration and its determinants in an international setting. We test a conditional version of the international capital asset pricing model (ICAPM) accounting for the deviations from purchasing power parity (PPP) as well as temporal...

Les consommateurs dans les pays développés se montrent de plus en plus concernés par les questions éthiques. Pour répondre à leurs demandes, la quantité de produits responsables mise sur le marché n’a cessé d’augmenter ces dernières années. Si certains produits rencontrent un...

This article investigates the potential of nonlinear causal relationships between world oil prices and stock markets in MENA countries during a black swan period that is characterized by rarity and devastating impacts. By using the nonlinear and asymmetric causality test of Kyrtsou and Labys...

Maintaining long-term customer relationships and increasing customer value are always the two crucial objectives in service management and relationship marketing. Both researchers and market practitioners are ardent on exploring and comprehending the drivers of customer lifetime duration and...

The popular revolts in the North Africa countries were at the origin of an unprecedented period of political and socio-economic transformations. The «Arab Spring» with all of its diversity of rationales and local expressions is leading to important changes in the dynamics of the...

In this study, we contribute to the literature of stochastic dominance by studying the effect of generalized first and second order stochastic dominance changes on returns distribution of financial time series. This paper contributes to the existing literature by investigating how recent...

This article attempts to examine whether the equity premium in the United States can be predicted from a comprehensive set of 18 economic and financial predictors over a monthly out-of-sample period of 2000:2 to 2011:12, using an in-sample period of 1990:2-2000:1. To do so, we consider, in...

From a macroeconomic perspective and in accordance with the Wage Setting – Price Setting model (WS- PS, Layard - Nickel - Jackman (1991)), this paper aims to give a simple and simultaneous representation of the dynamics of the unemployment rate and the wage rate in France over the period of...

We develop an overlapping generations general equilibrium model with two re- gions. Only one of the regions is subject to an international environmental exter- nality. We find that regions that are too poor to sufficiently offset the international externality imposed upon them may be stuck in a...

Circular economy is an economic model reconciling economy, environment preservation and local.employment. Our research aims to identify the societal impact indicators defined in CSR, which could measure the social impact of CE procedures. Our central hypothesis is that CE could contribute, under...