Contrasting with the 1929 great crisis, authorities intervened forcefully in 2008 to stop the disintegration of the financial system. Governments and central banks then sought to revise the prudential regulation in depth. It would be optimistic, however, to believe that prudential measures,...

The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic growth, and similar access to technologies and...

This paper considers the search for the best papers by the editors of an academic journal. Editors' search is sequential. At each period, each editor receives one submission from a researcher and has to decide if she accepts or rejects the paper. The editorial board is heterogeneous, some...

Can the quality of institutions explain the economic ‘backwardness' of Middle-East and North Africa? Recent work tries to answer this question using the Douglas North neo-institutionnalist theory that explains the rise of the Western world by the emergence in the North of Europe with Xth...

In a context featured by a sensitive strengthening of intellectual property rights (IPRs) in the world, this paper depicts the main vectors of this trend and questions its influence on the promotion of public health in the South. Precisely, it states that the Trade-Related Aspects of...

North (2005) attribue l'échec économique du monde musulman aux institutions et à leur incapacité à promouvoir l'adaptation à l'environnement et l'innovation. Il fait remonter cet échec au moyen âge tardif, aux Xe-XIIIe siècles. Pour sa démonstration, il s'appuie sur les travaux d'Avner...

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...

The paper discusses the possible economic consequences of the financial crisis from a (Post)Keynesian point of view. It examines the forthcoming depressive mechanisms, including the orthodox reactions of monetary and fiscal authorities, in the vein of those inferred in Europe by the mandate of...

L'article montre que dans la "sphère réelle" du modèle proposé par Laurent Cordonnier (Economies et Sociétés, Série PE n°37, octobre 2005), la possibilité d'un équilibre de sous emploi keynésien est contrariée par l'équation (4) du fait qu'elle conserve le "second postulat...

L'objet de ce travail est de mettre en lumière les étapes de la construction en France d'un marché des « jeunes entreprises innovantes en biotechnologie ». Selon nous l'émergence de l'industrie des biotechnologies peut être considérée comme l'émergence d'un marché spécifique, où la...