Publications des institutions partenaires
Braving the waves: the role of time and risk preferences in illegal migration from Senegal
This paper aims to provide the first evidence concerning the relationship between time ans risk preferences and illegal migration in an African context. Based upon our theoretical model and using a unique data set on potential migrants collected in urban Senegal, we evaluate a measure of time and risk preferences through the individual's intertemporal discount rate and coefficient of...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 15/01/2016
Forget "Unlearning": How an empirically unwarranted concept was allegedly imported from psychology to flourish in management and organisation studies
We provide a critique of the development in organisation studies of the idea of ‘unlearning’ as allegedly imported from the psychology literature by Hedberg and understood to mean the manageable discard of knowledge precedent to and aiding later learning. We re-review the psychology literature and in contrast to Hedberg, find that this definition of unlearning is not empirically...
Institution partenaire
English / 01/01/2016
Special Issue: A contextual and dynamic understanding of sustainable urbanisation
By 2030, sixty percent of the world’s population is projected to live in cities. The majority of this growth in urban areas is expected to occur in cities in Asia, Africa and Latin America. The transition from rural to urban life styles is likely to increase household consumption and will require massive investments in urban infrastructure.
How will society cope with this...
Institution partenaire
English / 01/01/2016
The Eurozone crisis: a consensus view of the causes and a few possible solutions
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 07/12/2015
Charter Cities als Antwort auf die Flüchtlingskrise Neue Städte für Migranten
Ob ausländische Arbeitskräfte,Wirtschaftsflüchtlinge oder Vertriebene, ein Hauptmotiv von Migranten, ihre Heimat zu verlassen, ist die Aussicht auf eine bessere Zukunft an einem
neuen Ort. «Charter cities» könnten Alternativen bieten.
Institution partenaire
Deutsch / 02/12/2015
Characteristics of Tunisian business cycle and international synchronisation
In this paper, we have applied spectral and cross spectral analysis techniques as an alternative approach to characterize the Tunisian business cycle and measure the degree of its international synchronization. As a robustness check, we have applied these techniques to the industrial production (overall and manufacturing IPI) as well as two synthetic indexes: a dynamic factor and a...
Institution partenaire
Institut de hautes études internationales et du développement
/ 25/11/2015
The transmission mechanism of monetary policy in Vietnam: a VAR approach
This paper analyses monetary transmission mechanism in Vietnam by using a Vector Autoregression (VAR), focusing especially on how the economy dynamically responds money demand, interest rate, exchange rate, and asset price shocks. In this paper, we establish identification conditions to uncover the dynamic effects of monetary policy shocks. By using quarterly data over the period...
Institution partenaire
Institut de hautes études internationales et du développement
/ 25/11/2015
Rebooting the Eurozone: Step 1 - agreeing a crisis narrative
Institution partenaire
Institut de hautes études internationales et du développement
/ 20/11/2015
Institutional quality, cyclicality of macroeconomic policies and the Effects of macroeconomic shocks: evidence from transition economies
In this paper, we study the role of institutional quality in the cyclicality of macroeconomic policies of transition economies. Using annual data over 1996-2013, we find that the quality of institutions play a significant role in their ability to carry out counter-cyclical macroeconomic policy. This paper also analyzes the effects of monetary and fiscal shocks on output. Dividing the...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
Current account determinants in Central Eastern European countries
This paper empirically investigates the determinants of current accounts for a sample of 11 Central and East European Countries outside the Euro area. To this end we rely on the estimation of a panel VAR model with fixed effects over the period Q1 2005 to Q42014. Consistent with existing literature, we show that domestic GDP, the fiscal deficit, and the real effective exchange rate...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
The second wave of global liquidity: why are firms acting like financial intermediaries?
Recent work suggests that non-financial firms have acted like financial intermediaries particularly in emerging economies. We corroborate these findings but then ask why? Our results indicate evidence for carry-trade activities but focused in countries with higher levels of capital controls, particular controls on inflows. We find little evidence for such activities given other...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
Survival of the fittest: corporate control and the cleansing effect of financial crises
How does the market for corporate control reallocate firm ownership in response to adverse aggregate financial shocks? To answer this question, we develop a tractable model of mergers and acquisitions (M&As) where firms facing different degrees of financial constraints acquire ownership of illiquid domestic firms. We show that acquisitions by financially constrained acquirers, on...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
Riot rewards? study of BJP's electoral performance and Hindu muslim riots
Do incidents of ethnic polarization influence voter behavior? I address this question through the case study of India, the world’s largest functional democracy. Specifically, I test whether prior events of Hindu-Muslim riots electorally benefit Bharatiya Janta Party (BJP), a prominent Hindu nationalist party? The paper contributes to the literature by being the first to establish a...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
Billions on the sidewalk: improving savings by reducing investment mistakes
This paper contributes the on-going debate on income inequality in advanced economies with a proposal aimed at reducing costly investment mistakes that are prevalent among middle-class households. The paper starts by describing how households should invest, compares it with what we know about how households do invest, and highlights discrepancies between the two (investment mistakes...
Institution partenaire
Institut de hautes études internationales et du développement
/ 18/11/2015
Is the monetary policy rate effective?: recent evidence from Ghana
We examine the effectiveness of monetary policy transmission mechanism in Ghana using several of statistical and econometric techniques for the period 2002M1 – 2014M12. We find monetary policy rate (MPR) to be quite effective in signaling the money market interest rates in both the short run and long run, as the effect is incomplete (that is, not one-to-one). In addition, a hierarchy...
Institution partenaire
Institut de hautes études internationales et du développement
/ 16/11/2015
Modelling and forecasting of Tunisian current account: aggregate versus disaggregate approach
While there is considerable literature attempting to model current account, there are not many studies to forecast current account balance. This study gives a comprehensive way to model and predict current account deficit (CAD) by evaluating the forecasting performance of direct and indirect approach. At the disaggregated level, I use two variants to model current account components...
Institution partenaire
Institut de hautes études internationales et du développement
/ 16/11/2015
Abbau von Hemmnissen für Sanierungen von Liegenschaften institutioneller Investoren (HEMSAN)
Der vorliegende Bericht untersucht, welches die Hemmnisse und Anreize für institutionelle Investoren sind, um Investitionen in energetisch wirksame Erneuerungen von Renditeliegenschaften zu tätigen. Aufgrund einer ersten Analyse anhand von Literatur und Interviews kann davon ausgegangen werden, dass insbesondere eine mangelnde Rendite für die Eigentümer ein Problem sein kann. Dabei...
Institution partenaire
Deutsch / 30/09/2015
Agricultural Biotechnology and Public Attitudes: An Attempt to Explain the Mismath between Experience and Perception
The main barriers to maximize the benefits and minimize the risk of modern agricultural biotechnology for society and the environment are not technical but regulatory in nature. Preventive regulation of agricultural biotechnology must be understood as a policy response to public rather than scientific concerns about the development and use of genetically modified organisms (GMOs) in...
Institution partenaire
English / 01/09/2015
On the construction of common size, value and momentum factors in international stock markets: A guide with applications
A major obstacle for research in international asset pricing and corporate finance has been a lack of reliable and publicly available data on international common risk factors and portfolios. To address this gap, we provide a step-by-step description of how appropriately screened data from Thomson Reuters Datastream and Thomson Reuters Worldscope can be used to construct high-quality...
Institution partenaire
English / 27/08/2015
Antitrust, regulatory capture and economic integration
Institution partenaire
Institut de hautes études internationales et du développement
/ 12/08/2015
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