Publications des institutions partenaires
Die Mär von 'Oeko' contra 'Agro' : Die Kritiker der industriellen Landwirtschaft führen einen sinnlosen Kampf
Die Unterscheidung gründet auf der Annahme, dass "Agro", also die Agroindustrie, böse und "Öko", für Agrarökologie, gut sei. Dieses Gut-böse-Schema verursacht einen beträchtlichen Kollateralschaden für Gesellschaft und Umwelt, denn eine Zusammenarbeit von staatlichen und nichtstaatlichen Akteuren mit dem Privatsektor für die gemeinsame Erarbeitung von nachhaltigen...
Institution partenaire
Deutsch / 16/07/2015
Qualifying “fit”: the performance dynamics of firms’ change tracks through organizational configurations
Organizational configurations, sets of firms with similarities in a number of essential characteristics, provide important insights into the synergies inherent to certain combinations of structural attributes and the performance effects of firms’ retention of, adaptation to, or decoupling from high-performing configurations. The fundamental assumption is that the better a firm’s “fit...
Institution partenaire
English / 15/07/2015
Too much finance or statistical illusion: a comment
A recent policy brief from the Peterson Institute suggests that the “Too Much Finance” result may be an artifact of spurious attribution of causality. While more works needs do be done to understand the links between finance and growth and explore the drivers of possible non-monotonicities, this note shows that the too much finance result is robust.
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Empirical evidence for the bank lending channel in Bosnia and Herzegovina: does lending differ between large and small banks?
The paper investigates transmission of different foreign and domestic shocks to bank lending activity in Bosnia and Herzegovina through the bank lending channel. The bank lending channel is analyzed in a time series cross sectional data framework for the period 2006q1- 2014q1, investigating reactions of small vs. large banks to those shocks. First, the evidence has been found that...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Assessing house price dynamics in Lima
This paper uses a two-step procedure to analyze the long-run dynamics between real house prices and their fundamentals in Lima, Peru. In this framework, first a hedonic price index is calculated, and then used for estimating a quarterly vector error correction model over the period 1998-2014. The price determinants considered in this application are: real mortgage interest rate, real...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Financial soundness index for the private corporate sector in Colombia
This paper evaluates the importance of building a composite metric of financial soundness for the private corporate sector in Colombia. Instead of relying on the individual and sometimes restrictive financial ratio analysis approach, the purpose of this document is to provide a single metric aimed at measuring the financial health of firms. Said metric, the financial soundness index...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Estimating the determinants of financial euroization in Albania
This paper examines the phenomenon of financial euroization in Albania, focusing on the liability side of the banking system. It explores some of the main theoretical and empirical determinants of deposit euroization in the context of the high euroization rates originating in the transition period of the early 1990s. Despite gradual improvements in the macroeconomic framework,...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Macro-prudential policies, moral hazard and financial fragility
This paper presents a DSGE model with banks that face moral hazard in management. Banks receive demand deposits and fund investment projects. Banks are subject to potential withdrawals by depositors which may force them into early liquidation of their investments. The likelihood of this happening depends on the bank management efforts to keep the bank financially sound and the degree...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
This mine is mine!: how minerals fuel conflicts in Africa
We combine original geo-referenced data on mining extraction of 15 minerals with information on conflict events at spatial resolution of 0.5o x 0.5o for all Africa over 1997-2010. Exploiting exogenous variations in world prices, we find a positive impact of mining on conflict at the local level. Quantitatively, the historical rise in prices (commodity super-cycle) explains 15-25...
Institution partenaire
Institut de hautes études internationales et du développement
/ 08/07/2015
Banking integration and fragmentation in the interest rate channel
At the forefront of the economic consolidation of the euro area, banking integration came to a stall following the beginning of the 2008 crisis. Since then European banks started retrenching their asset holdings within national borders, effectively reducing the scale of their European operations. This paper explores the link between banking integration and fragmentation in the...
Institution partenaire
Institut de hautes études internationales et du développement
/ 07/07/2015
Quand exporter aide à vendre chez soi
Comment les chocs de demande subis par les entreprises françaises sur leurs ventes à l’étranger se répercutent-ils sur leurs ventes en France ? Cette Lettre présente les résultats d’une analyse empirique mettant en évidence une relation de complémentarité entre exportations et ventes domestiques. Une hausse de 10% des exportations engendre, la même année, un accroissement des ventes...
Institution partenaire
Institut de hautes études internationales et du développement
/ 03/07/2015
Monetary and financial cooperation in East Asia: the state of affairs after the global and European crises
Institution partenaire
Institut de hautes études internationales et du développement
English / 08/06/2015
Entrepreneurial rights as human rights : Why economic rights must include the human right to science and the freedom to grow through innovation
The contemporary human rights debate is mostly concerned with the protection of people affected by change that is beyond their control. But what about those who make use of their basic economic rights to facilitate economic and social change? Do these agents of change need protection and, if so, how do their activities relate to the current debate on human rights?
In this book...
Institution partenaire
English / 01/06/2015
Book review: Implicit Functions and Solution Mappings:A View from Variational Analysis. Second Edition. By A. L. Dontchev and R. T. Rockafellar. Springer, New York, 2014
Institution partenaire
English / 01/06/2015
Minimum wage law for domestic workers: impact evaluation of the indian experience
We conduct an impact evaluation of the minimum wage legislation for domestic workers that was introduced in four states in India over the period of 2004-2012. Combining the matching and difference-in-difference estimation strategies we estimate both the short-run and long-run impacts of the legislation on real wages and on employment opportunities. Our results show a positive impact...
Institution partenaire
Institut de hautes études internationales et du développement
English / 22/05/2015
Sustainability and risk Combining Monte Carlo simulation and DCF for Swiss residential buildings
Purpose – This paper aims to identify the relative contribution of sustainability criteria to property value risk. Design/methodology/approach – Adiscounted cash flow (DCF) model is used to assess the effect of a given set of 42 sustainability sub-indicators on property value. The anticipated demand for each sustainability sub-indicator is described by four future states of nature....
Institution partenaire
English / 13/05/2015
Managing cooperation on climate change: what can we learn from the WTO ?
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 12/05/2015
Institutional learning in North-South research partnerships
Institution partenaire
Institut de hautes études internationales et du développement
English / 12/05/2015
International capital flows
The surge in international asset trade since the early 1990s has lead to renewed interest in models with international portfolio choice. We develop the implications of portfolio choice for both gross and net international capital flows in the context of a simple two-country dynamic stochastic general equilibrium (DSGE) model. We focus on the time-variation in portfolio allocation...
Institution partenaire
Institut de hautes études internationales et du développement
/ 29/04/2015
Monetary implications of the crisis: dominance at stake
The paper asks whether the financial crisis is upsetting the struggle for dominance between monetary and fiscal policy. It argues that a crisis is indeed a key moment when challenges to monetary policy dominance are greatest. However, the need to bail out financial institutions blurs the distinction between monetary and fiscal policy. The subsequent shift to public debt stress...
Institution partenaire
Institut de hautes études internationales et du développement
/ 28/04/2015
Pagine
Le portail de l'information économique suisse
© 2016 Infonet Economy