This paper studies the impact of the main external shocks which the eurozone and member states have undergone since the start of the 2000s. Such shocks have been monetary (drop in global interest rates), financial (two stock market crises) and real (rising oil prices and an accumulation of...

On October 10th, 2011 the Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Thomas Sargent and Christopher Sims "for their empirical research on cause and effect in the macroeconomy". In this article we present the...

We investigate if capital account openness has played a major role in the evolution of global imbalances on the period 1980-2003. We estimate, with panel regression techniques, the impact of capital account openness on medium run current account imbalances for industrialized and emerging...

This paper, written for the project "Controversies of the nineteenth century intellectual property "[online" http://www.mshparisnord.fr/controverses-PI-XIX/ "], is a detailed analysis of the article "Patents" , written by Charles Coquelin for the Dictionary of Political Economy (1852), an...

This text is part of a study (Part I) on the phenomenon of free software. Here there is a questioning of the principle of the exclusive right of an author (individual or firm) on his work (the software) and uses thereof. Indeed, free software licenses (BSD, GPL, etc.) give rights of use extended...

This text is part of a general study of U.S. patents wars in the late nineteenth and early twentieth century in three emerging industries: the motion picture industry (Edison patents), the automotive industry (Selden patent), the aviation industry (Wright brothers' patents). The comparative...

The aim of this paper is to reconsider the link between integration and disintegration. We argue that the conception of this link depends on the way one defines the firm and its coordinating role. We focus on studying the human capital-intensive firm. We explain that coordination by this kind of...

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...

This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account...

Since the mid-twentieth century, the national objective of India and Brazil has been to develop industrial capabilities in essential sectors such as pharmaceuticals. At the outset, they shared some common features: a considerable period of lax intellectual property rights regimes, large internal...