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Do Private Standards encourage or hinder trade and innovation?

Humankind shares a common interest in the safety of the products it uses and consumes and an increasing interest in the way the product has been produced. In a globalized world, private standards play a role in ensuring the safety and sustainability of products and production methods. The co-management of the public good ‘food safety’ by the public and the private sector is not new…

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English / 01/06/2013

Spatial and temporal aggregation in racial profiling

In the last decade, models of rational choice have chimed into the discussion on racial profiling, the use of race in stop and search decisions of the police. The models describe the behavior of motorists and the police and provide empirical tests to assess the question whether the police exhibit racial animus. However, existing studies have neglected the effect of spatial and…

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English / 01/03/2013

Democratizing corporate governance: Compensating for the democratic deficit of corporate political activity and corporate citizenship

This article addresses the democratic deficit that emerges when private corporations engage in public policy, either by providing citizenship rights and global public goods (corporate citizenship) or by influencing the political
system and lobbying for their economic interests (strategic corporate political activities). This democratic deficit is significant, especially when…

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English / 01/01/2013

Marginally discriminated: the role of outcome tests in European jurisdiction

For decades, racial profiling has been subject of intense debate in US jurisdiction. Recently, outcome tests based on economic models have contributed to the legal discourse. However, it is not readily obvious if and to what extent they also pertain to European jurisdiction, where racial profiling has only as of late stirred up controversy. In a comprehensive examination of their…

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English / 01/01/2013

External shocks, internal shots : the geography of civil conflicts

This paper uses detailed information on the latitude and longitude of conflict events within a set of Sub-Saharan African countries to study the impact of external income shocks on the likelihood of violence. We consider a number of external demand shocks faced by the country or the regions within countries - changes in the world demand of agricultural commodities, financial crises…

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Français, English / 19/11/2012

Conflicts of interest, reputation, and the interwar debt crisis: banksters or bad luck?

This paper builds a new dataset with detailed information on the universe of foreign government bonds issued in New York in the 1920s and uses these data to describe the behavior of the financial intermediaries which operated in the New York market during the period leading to the interwar debt crisis. The paper starts by showing that concerns over reputation played an important role…

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Français, English / 18/10/2012

Is Socially Responsible Investing Really Beneficial? New Empirical Evidence for the US and European Stock Markets

This paper empirically examines the theoretically ambivalent relationship between socially responsible investing (SRI) and stock performance. It extends the existing literature by considering both the US and the entire European stock markets as well as by using consistent world-wide corporate sustainability performance data. Our portfolio analysis from 1998 to 2009 reveals the appeal…

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English / 01/05/2012

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