Slower growth in the 1980s - of world trade as well as of developing countries' trade - is due mostly to slower income growth, and prospects are that the OECD countries' growth of gross domestic product will slow significantly from the rates recorded before 1980. Thus, at a time when the...

In this paper we develop a new empirical approach to uncovering the impact of social attitudes on economic development. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their forebears. In the spirit of the epidemiology literature,...

Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The available empirical evidence suggests a non-monotonic...

The Uruguay Round Negotiating Groups on countervailing and antidumping procedures share many common issues. This is not accidental, claims this paper, but mirrors the way import-competing firms have become the driving force of antidumping and countervailing procedures set up under the Tokyo...

This paper finds that the current GATT (General Agreement on Tariffs and Trade) consistent antidumping laws have a strong protectionist drift and a procartel bias. They endanger the very edifice of the international trade system based on GATT rules. LDCs (Less Developed Countries) and NICs...

This study is concerned with the future financing of the EU budget, including possible budgetary correction mechanisms, and is intended to feed into the budget review. The revenue side of the EU budget comprises several elements, all of which need to be assessed in appraising the functioning of...

L'inclination naturelle de tout gouvernement est de considérer surtout le proche avenir. Les échanges électorales l'y incitent (...).

This paper analyzes the determination of equity portfolios and country stock returns in the context of imperfectly integrated stock markets. We consider a continuous-time model of a two-country endowment economy in which the level of financial integration is captured by a proportional tax on...

It is always somewhat frustrating to have to discuss such a vast topic in a limited amount of time, but I do thank you for having invited me to take part in this Round Table. My contribution will be structured around three questions: Is gender inequality a reality on the labour market today? Is...

The trend of female employment in France is original in comparison with the other European countries. Although French women have more children than their European sister members they are massively present on the labour market. As Jeanne Fagnani (2001) emphasises it, this paradox changes the...