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Persistent link: https://www.econbiz.de/10010706763
La théorie du comportement décisionnel et les travaux sur les illusions visuelles et les biais cognitifs apportent de premières validations théoriques à l'effet du changement d'unité monétaire des francs aux euros sur le jugement lié au prix. Une expérimentation menée sur 699...
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The aim of this paper is to analyze the state of the quantity theory in the United States prior to the publication of Irving Fisher’s The Purchasing Power of Money in 1911. We start by presenting the participants in the monetary debate. Next, we analyze the controversies regarding prices,...
Persistent link: https://www.econbiz.de/10010708987
Les nations du sud de la zone Euro ont connu la prospérité dans les années qui ont suivi la création de la monnaie unique. Le bond de la consommation et l’élévation du niveau de vie se sont hélas révélés être des mirages. En favorisant un endettement massif, l’Euro a encouragé un...
Persistent link: https://www.econbiz.de/10011096651
Would the U.S. economy's dynamic response to permanent technology shocks have been different from the actual responses if monetary authorities' systematic response to these shocks had been optimal ? To answer this question, we characterize the dynamic effects of permanent technology shocks and...
Persistent link: https://www.econbiz.de/10010707505
Privatization is an old phenomenon but with important changes for the ten last years. According to the movement observed in practice, since the end of the nineties, researches are focused on privatizations in emergent countries and (or) outgoing of a planned and centralized economy....
Persistent link: https://www.econbiz.de/10010708537
After debt cancellations, in particular MDRI (Multilateral Debt Relief Initiative) debt ratios in Low Income Country dropped to historic lows. They are now getting into debt again, because of Bretton Woods Institutions (BWI) new loans, of emerging countries’ (namely China) loans, and sometimes...
Persistent link: https://www.econbiz.de/10010708906
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The objective set by the IPPC of limiting the increase in average global temperature to +2°C compared to the pre-industrial era is now accepted by all concerned. This ambitious objective was recognised at the Copenhagen Conference in 2009 and confirmed at Cancun in 2010. There are still no...
Persistent link: https://www.econbiz.de/10011162120