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Power Sector Regulation and Private Sector Participation in Africa

Access to EnergyAlpha LyPublicationsResearch areaResearch FellowsWorking papersComments Off on Power Sector Regulation and Private Sector Participation in Africa

In this paper, we show that the adoption by the regulator of measures such as the automatic tariff adjustment mechanism or cost reflectivity allows the mitigation of currency and inflation risks on the evolution of installed capacity in the 54 African countries over the period 1990-2019.

Energy consumption and energy poverty in lower income countries: drivers for a solar transition

Access to EnergyMaria Eugenia SaninPublicationsResearch areaResearch FellowsWorking papersComments Off on Energy consumption and energy poverty in lower income countries: drivers for a solar transition

This paper studies energy demand determinants and energy poverty in Morocco and assess to which extent the adoption of PV panels could help achieve a just energy transition.

Electrification and Deforestation in Côte d’Ivoire: a spatial econometric analysis

Access to EnergyAlpha LyPublicationsResearch areaResearch FellowsWorking papersComments Off on Electrification and Deforestation in Côte d’Ivoire: a spatial econometric analysis

The objective of this paper is to analyze the link between electrification and deforestation in Cote d’Ivoire. Our results show a positive link. Indeed, deforestation continues to gain ground in the country alongside the vast national electrification access programs ongoing since 2011.

Too green to be true? Forging a climate consensus at the European Central Bank

Financial regulation and innovative financingJérôme DeyrisPublicationsPublicationsResearch areaResearch FellowsComments Off on Too green to be true? Forging a climate consensus at the European Central Bank

In its 2021 strategy review, the European Central Bank’s Governing Council unanimously decided to make climate change one of its priorities for the coming years. In this article, we try to understand how this change was achieved.

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The Capitalocene in light of history: Or why an early Anthropocene makes more sense

Macro-economical and societal challengesPublicationsResearch areaResearch FellowsVictor CourtWorking papersComments Off on The Capitalocene in light of history: Or why an early Anthropocene makes more sense

Several researchers argue that the root cause of today’s ecological disaster is not the anthropos, but the way we have been organizing the global economy through capitalism. It follows that we would be living in the Capitalocene rather than the Anthropocene. In this article, we demonstrate that the Capitalocene concept suffers from four intrinsic flaws

Social Preferences and the Distribution of Rewards

This paper analyzes the optimal reward scheme in an organization involving agents with social preferences whose tasks are complementary.

Energy practices and population cohorts: the case of Mexico

Access to EnergyMaria Eugenia SaninPublicationsPublicationsResearch areaResearch FellowsComments Off on Energy practices and population cohorts: the case of Mexico

Developing countries are advancing towards universal energy access with high fertility rates and young population. Socio-demographic and economic evolutions will influence future energy consumption patterns. Herein, we use Mexico as a case study to estimate determinants of residential electricity consumption as well as the importance that a shift in generational preferences has on such energy demand.

Conventional and unconventional economic policies in an econometric SFC model of the French economy

Jacques MazierMacro-economical and societal challengesPublicationsResearch areaResearch FellowsWorking papersComments Off on Conventional and unconventional economic policies in an econometric SFC model of the French economy

A first version of an econometric SFC model of the French economy based on the accumulation accounts from INSEE and on the financial accounts of the Bank of France has been presented (Mazier and Reyes, 2022). It provides the overall structure, the main equations and the basic properties of the model. This paper is based on the same model with some improvements.

A stock flow consistent model for the French economy in Macromodelling, economic policy and methodology: economics at the edge

Books & Official ReportsJacques MazierMacro-economical and societal challengesPublicationsResearch areaResearch FellowsComments Off on A stock flow consistent model for the French economy in Macromodelling, economic policy and methodology: economics at the edge

Reyes and Mazier present a first version of an econometric stock flow consistent (SFC) model of the French economy – an aggregate model with a single product, five domestic agents and the rest of the world with a complete representation of real and financial sectors in stocks and flows.

Unconventional monetary policy in an econometric SFC model of the French economy: some lessons for financing the low carbon transition

An econometric SFC model of the French economy is presented. The structure of the model is analogous to that of already existing national-level SFC models. The dynamic
simulations on the past over the period 1996-2019 provide acceptable results. In a second part the effects of unconventional monetary policy are evaluated such as the distribution of
helicopter money in favor of the government to finance additional public investment or social
transfers and the partial cancellation of the public debt held by the central bank.