A stable relationship between monetary policy rates and bank lending and deposit rates faced by consumers and companies is essential for the effective transmission of monetary policy decisions. This paper studies how changes in the policy rate set by the Swedish central bank, the Riksbank, have...

Cette étude, suite au travail de Coe et Helpman (1995) et des revisitassions qui ont suivi - au sujet de la propagation des connaissances grâce au commerce international - tente de déterminer l'ampleur véritable du lien entre le stock de connaissances et la productivité sur un échantillon...

France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical research pointed out that weak export performance was due to i) vigorous domestic demand; ii) lower mark-ups due to head-to-head competition with Germany; iii) low non-price...

Bayesian Model Averaging techniques are used to analyse how robustly it is possible to identify factors that may lead to the bursting of asset price bubbles in OECD economies. A large set of variables put forward in the literature is assessed, as well as interactions of these variables with...

The government has introduced five policy packages since August 2005 to stabilise house prices, mainly due to concerns about possible spill-overs from the capital region to other parts of the country, even though the increase on a nation-wide basis has been modest compared to other OECD...

In this article we suppose that the integration of accessibility and neighborhood variables in hedonic housing models doesn't allow to take into account the spatial effects between the housing prices. Using a sample of 1520 transactions of apartments in the urban area of Dijon, we focus on two...

La recherche présentée ici propose une méthode de description et d’évaluation des caractéristiques d’un paysage qui combine la géographie quantitative et l’économétrie des modèles hédoniques. Un modèle géographique produit des indices caractérisant les paysages à partir...

This paper reviews key policy messages and warnings about developments in the run-up to the global financial and economic crisis that began in mid-2007 which are contained in the main publications of the IMF, the OECD and the BIS and discuss issues relevant to strengthening their surveillance...

Le Conseil supérieur du Notariat annonce la parution d'une étude de référence sur les marchés immobiliers des métropoles françaises de 1998 à 2010, élaborée en partenariat avec l'université Paris-Dauphine. En analysant les transactions de logements anciens sur 12 des plus grandes...

The two major banks in Cyprus - Bank of Cyprus and Laiki Popular Bank - have lost more than 4 billion EUR because of their exposure to the Greek bond market. In this paper, we look at how the European Union has responded to banking and financial problems that have affected Cyprus since the end...