infonet-economy

Parmi les actions réparatrices suite à la violation de droit de propriété intellectuelle, la méthode des redevances vise à indemniser le titulaire sur la base des redevances de licence qui auraient été dues dans le cadre d'un contrat de licence. Elle est régulièrement appliquée à l'étranger mais plus difficilement en Suisse car elle fait l'objet d'une approche...

This chapter reviews the definition and characterization of the asset management contract, the determination of the applicable law, the regulation and self-regulation that apply, the duties of an asset manager and the relevant standards, and examines the liability of asset managers. It is the Swiss Chapter in an international comparative survey of these topics.

We study the prices that individual banks pay for liquidity (captured by borrowing rates in repos with the central bank and benchmarked by the overnight index swap) as a function of market conditions and bank characteristics. These prices depend in particular on the distribution of liquidity across banks, which is calculated over time using individual bank-level data on reserve...

We explore the pricing of variance risk by decomposing stocks' total variance into systematic and idiosyncratic return variances. While systematic variance risk exhibits a negative price of risk, common shocks to the variances of idiosyncratic returns carry a large positive risk premium. This implies investors pay for insurance against increases (declines) in systematic (...

In this paper we study the implications of valuing health in an otherwise standard real business cycle model. We contrast the model predictions over the business cycle with
the corresponding data counterparts. We find that health can improve the predictions of the standard real business cycle model. In particular, the benchmark model with health improves the predictions in...