Publications of the Chair

Minskyan Classical Growth Cycles: Stability Analysis of a Stock-Flow Consistent Macrodynamic Model

2018
Authors :
Daniel Bastidas, Adrien Fabre and Florent Mc Isaac

This paper follows van der Ploeg (1987)’s research program in testing both its extension of Goodwin (1967)’s predator-prey model and the Minsky Financial Instability Hypothesis (FIH) proposed by Keen (1995).

An estimation of different minimum exergy return ratios required for society

2019
Authors :
Victor Court

This article shows that several minimum exergy return ratios (ExRRs) can be computed in relation to different aggregate exergy conversion efficiencies.

Hicksian Traverse Revisited: Conditions for the Energy Transition

2018
Authors :
Adrien Nguyen-Huu, Antonin Pottier

This article analyzes the transition dynamics, what Hicks called the traverse, from one equilibrium toward another one—and the conditions for such a transfer—in a bi-sectoral economy under technological shocks.

A representation of the world population dynamics for integrated assessment models

2020
Authors :
Victor Court, Florent Mc Isaac

In this article, we design a phenomenological model of the global human population dynamics by using the gross world product (GWP) as an exogenous input variable to determine the birth rate and death rates of each age group

Foreign Demand and Greenhouse Gas Emissions: Empirical Evidence with Implications for Leakage

2018
Authors :
Geoffrey Barrows and Hélène Ollivier

In this paper, we estimate for the first time how production and emissions of manufacturing firms in one country respond to foreign demand shocks in trading partner markets.

Why conditional subsidies for risky innovative green projects should be prefered to flat subsidies

2018
Authors :
Guy Meunier, Jean-Pierre Ponssard

This paper analyzes the potential benefit of using subsidies conditional on success or failure of an R&D program, rather than a flat subsidy.

Debt and damages: what are the chances of staying under the 2°C warming threshold?

2018
Authors :
Emmanuel Bovari, Oskar Lecuyer, Florent Mc Isaac

In a stock-flow consistent macrodynamic model featuring two crucial endogenous destabilizing channels, namely debt accumulation and climate change, we perform a sensitivity analysis on four fundamental parameters of the climate and economic systems.

What policy should be adopted to encourage deployment of hydrogen vehicles in France?

2018
Authors :
Guy Meunier et Jean Pierre Ponssard

Based on the Norwegian experience with low-carbon vehicles, the authors analyse the hydrogen plan launched by Nicolas Hulot when he was Minister for Ecological and Solidarity Transition and make several recommendations.

Energy capture, technological change, and economic growth: an evolutionary perspective

2018
Authors :
Victor Court

The purpose of this article is to reformulate a clear and in-depth state of knowledge provided by a thermo-evolutionary perspective of the economic system. It is shown that during the entire human history, energy has been central to direct the successive phases of technological change and economic development.

Response to the UE public consultation:“Fitness check on the EU framework for public reporting by companies”

2018
Authors :
Marion Cohen, Alain Grandjean et Frédéric Rossi

In their response, experts associated with the Chair emphasize the predominance of accounting standards over non-financial information to guide corporate strategies. Accounting is not neutral, and the fact that it does not integrate human and natural capital is a major obstacle to achieving the EU's sustainability objectives.