infonet-economy

In this paper, my primary goal is to test if vote conversion is in line with voters' perceptions of parties' competence, i.e. if the competence change in favor of a party during the political campaign triggers vote conversion in favor of this same party. Then, I assess the moderating role of saliency and political knowledge and the difference between ‘valence' and…

The destabilization of Eastern Europe and of the Southern Mediterranean has exposed the limits of the European peace project. Obviously, the European Neighbourhood Policy has not succeeded in boosting peace and prosperity. This article attributes this failure to a combination of functionalist hubris and political myopia that emanates from the European Union's peculiar…

Labour standards are one of the most contested issues in economic relations between developed countries and emerging markets. As attempts to codify such standards in the WTO have failed, the EU and the US have intensified their efforts to promote them in bilateral and regional Preferential Trade Agreements (PTAs). Whereas this practice has been quite consistent across the globe, the…

Quels sont les apports de l'Union européenne? Rares sont les textes qui traitent simplement à cette question. Ce texte y répond par une analyse de type contrefactuelle. Autrement dit: que serait-il passé si l'UE n'avait pas été mise en place?

This study investigates the impact of international financial regulation on listed real estate companies. In particular, we look at how three regulatory reforms undertaken in the aftermath of the global financial crisis have affected returns and credit default swap (CDS) spreads of real estate companies. The three reforms are aimed at regulating different segments of the market –…

We investigate the evolution from 2000 to 2015 in the proportion of papers published by authors with a European affiliation in the three main international real estate journals. Then, we analyze papers with at least one European author and/or concentrating on Europe published from 2008 to 2015 in the two main European real estate journals by authors’ country of affiliation, by…

This paper theoretically and empirically investigates how debt structure and strategic interaction among shareholders and debt holders in the event of default affect expected stock returns. The model predicts that expected stock returns are higher for firms that face high debt renegotiation difficulties and that have a large fraction of secured or convertible debt. Using a large…