Archives

The New Classical Explanation of the Stagflation: A Psychological Way of Thinking

Abstract: The stagflation phenomenon is regarded as one of the cause of the Keynesian paradigm breakdown in the 1970s. The New Classical school took...  

Tradable emission permits: beyond pollution abatement motives

In this paper we study how the electricity market characteristics determines the choices made by electricity generators in the U.S. market for SO2 allowances.

Economic Development: Is Social Capital Persistent?

This paper is published in Papiers de Recherche AFD, n°2015-17, Décembre. Abstract : This paper, on the one hand, goes a step closer to...  

The Effects of Oil Price Shocks in a New-Keynesian Framework with Capital Accumulation.

Paper published in  Energy Policy – November 2015. The economic implications of oil price shocks have been extensively studied since the 1970s’. Despite this...  

Managing Base of the Pyramid as a Business Opportunity: A Longitudinal Field Study.

In the last decade a growing articulation of the business strategy of the firms with some specific global societal challenge in line with its...  

The deployment of BEV and FCEV in 2015

In Europe the transport sector contributes about 25% of total GHG emissions, 75% of which come from road transport. Contrarily to industrial emissions road...  

Managing Societal Performance of Impact Investing: An Action Research Inquiry

Impact investments are emerging as a new asset class of social finance, sometimes driven by multinational enterprises as part of their strategic corporate social...  

Instituionalization of impact investing through societal management pressures: an action research inquiry

Impact investments are emerging as a new asset class of social finance. The article is based on on a three year action-research program conducted with Schneider Electric. It analyzes the perceptions of the Schneider Electric impact investing fund’s managers’ regarding emerging societal performance management procedures they were urged to adopt. 

Criticizing the Lucas Critique: Macroeconometricians’ Response to Robert Lucas

Abstract. The standard history of macroeconomics considers Lucas (1976)– “the Lucas Critique” –as a path-breaking innovation for the discipline. According to this view Lucas’s...  

Oil and Unemployment in a New-Keynesian Model

The effects of oil shocks in inflation and growth have been widely discussed in the literature, however few have focused on the impact of...