[eng] The new accounting principles adopted by the IASB will lead to the introduction of increased volatility in the profit and loss account and in the shareholder's equity of banks. The presentation of the net result and of the variations in equity not coming from shareholders' operations in...

This paper analyzes the impact of exchange rate variability on the economic specialization of European countries. Two theoretical approaches are used: the first one, advanced by Krugman (1991), underlines that the monetary integration is favouring the specialization of countries members of an...

[eng] Residence and source based taxation of capital income lead to international equalisation of pre-tax and post-tax rates of return, respectively. This paper shows how, in a steady growth state, these differences in taxation systems influence the sharing between demographic and per capita...

[eng] The influence of commodity taxes is studied in a standard neo-classical two-country model of international trade. The analysis focuses on the case where indirect taxation affects the relative price of commodities. It is shown that both the destination principle and the origin principle...