This article extends earlier efforts at redating the US business cycles for the 1790–1928 period using the real Gross Domestic Product (GDP) constructed by Johnson and Williamson (2007). We compare the alternative chronology with those of the NBER and Davis (2006) as well as Romer (1994) for...

Deforestation is a phenomenon that has largely been concentrated in the developing world. We construct a theoretical model of deforestation that focuses on the factors affecting the incentives to transform forested land into agricultural land. We show that: (i) lower discount rates and stronger...

This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...

We consider some robust optimal portfolio problems for markets modeled by (possibly non-Markovian) jump diffusions. Mathematically the situation can be described as a stochastic differential game, where one of the players (the agent) is trying to find the portfolio which maximizes the utility of...

L'objet de cet article est d'analyser la dynamique du « couple » DG/DRH dans le cadre de démarches compétences au sein de PME. Il s'agit de montrer en quoi la démarche compétence est à l'origine d'une relation forte entre deux acteurs et comment cette relation et les vicissitudes qu'elle...

Observing the weakness in the previous structural analyses on EKC formation, in this paper, author deepens the analysis into the detailed data of production and SO2 emission intensity of China's 29 industrial sectors (occupying over 98% of the total industrial production) in each province during...

In this paper, we attempt to examine the speculative efficiency hypothesis on CO2 emission allowance prices negotiated on Bluenext, by testing the rela- tionship between futures and spot prices from the Fama (1970) framework. This approach is based on the joint hypothesis of no risk premium and...

Macro vulnerability of the poor countries, an increasing concern of the international community, is analyzed as the risk that their development be hampered by the shocks they face, natural or external. Structural vulnerability mainly results from the size of the shocks and the exposure to the...

In this paper, by employing Chinese provincial data, we develop a simultaneous equation model to estimate the relationship between agricultural trade and rural poverty in post-reform China. We find that trade liberalization can affect China's poverty both directly through providing the poor with...

Le Règlement Européen 834/2007, en charge de définir le label Biologique européen depuis janvier 2009, autorise un seuil de 0,9 % de présence fortuite d'OGM dans les produits Biologiques (Bio). Un seuil d'OGM différent de zéro permet aux agriculteurs de préserver leur label dans le cas...