The absence of specifically dedicated method to represent financialized capitalism constitutes a significant gap in contemporary macroeconomic modelling considering the impact of finance on the rules of wealth production and distribution. From both the lessons of Regulation theory in terms of...

This article studies the emergence of global imbalances. A periodisation is made up using precise statistical tools. Imbalances are then studied using three original indicators. The first underlines their recent concentration. The second shows that Europe is the only great economic zone not to...

Empirically the diffusion of competing technologies most often displays either "lock-in" to a quasi-monopoly or apparent turbulence but rarely stable market-sharing. In contrast with widespread views, we show that, first, unbounded increasing returns are neither necessary nor sufficient to lead...

Using data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased market capitalization as well as decreased...

The aim of this paper is to propose an instrumental analysis of corporate social responsibility (CSR). After underlining the corporate governance issues raised by the "new firm", which is vertically disintegrated and intensive in specific human capital, we argue that CSR can be useful as a means...

L'objectif de cet article est de montrer comment la crise financière qui, l'été 2007, touche de plein fouet les systèmes financiers européens a dévoilé l'inefficacité et l'insuffisance des modes traditionnels de l'intervention publique dans le système financier. Avant d'analyser les...

The goal of this paper is to study the influence of corporate environmental responsibility (CER) and national environmental standards on the location choices of the 600 biggest European firms. By using the environmental score provided by Vigeo , we are able to test the influence of the...

Dans cette deuxième partie de l'étude "Patent Wars", et dans une approche toujours comparative, sont analysées les conséquences pour l'activité industrielle et le changement technique des différentes guerres des patents. Dans les trois industries émergentes du cinéma, de l'automobile et...

Dans cette dernière partie sont analysés les différents pools de patents constitués dans les industries du cinéma, de l'automobile et de l'aviation, suite aux guerres des patents étudiées précédemment. L'analyse se concentre alors sur les Etats-Unis. Si les pools ou accords de licences...

We reveal the non-separation of ownership and control for multiple blockholders in the French insider governance system. We show that overlapping directorships of large listed corporations are explained by their ownership connections. Both large and small stakes, from 20% to 1% of cash-flow...