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Hans Gersbach, and Jean-Charles Rochet

vol. 90, 2017, pp. 113–124

Credit cycle stabilization can be a rationale for imposing counter-cyclical capital requirements on banks. The model comprises two productive sectors: in one sector, firms can finance investments through a bond market. In the other, firms rely on bank credit. Financial frictions limit banks’...

Loic Ysebaert, Sarah Cadot, Salim Kanoun, Soleakhena Ken, Christian Recher, François Malgouyres, Sébastien Gadat, Loïc Dupré, and Anne Quillet Mary

vol. 130, n. 1, 2017

Liliane Bonnal, Pascal Favard, and Domenico Polloni

vol. 37, n. 3, 2017, pp. 1630–1643

In spite of undeniable recent progress, malaria today represents one of the global public health issues making the greatest impact on the economy. The present study carries out on the basis of the malaria indicator survey conducted in Cameroon in 2011. Only children under six years old are...

Michael Albertus, and Victor Gay

vol. 61, n. 3, 2017, pp. 624–641

Influential recent scholarship assumes that authoritarian rulers act as perfect agents of economic elites, foreclosing the possibility that economic elites may at times prefer democracy absent a popular threat from below. Motivated by a puzzling set of democratic transitions, we relax this...

Helmuth Cremer

Matti Tuomala (ed.), vol. 15, 2017, pp. 295–299

Olivier Faugeras, and Ludger Rüschendorf

vol. 48, n. 1, 2017

Our purpose is both conceptual and practical. On the one hand, we discuss the question which properties are basic ingredients of a general conceptual notion of a multivariate quantile. We propose and argue that the object “quantile” should be defined as a Markov morphism which carries over similar...

Estelle Malavolti, and Frédéric Marty

vol. 25, 2017, pp. 30–40

A lot of cases had arouse in the past decade about agreements between regional airports and low-cost carriers. These agreements are challenged on the basis of the State Aids European control as they rise concerns not only about competition distortions between airlines but also about fiscal...

Shui Feng, Laurent Miclo, and Feng-Yu Wang

vol. 14, n. 1, 2017, pp. 361–380

Laurent Miclo

vol. 22, 2017, pp. 1–38

Adrien Blanchet, Stéphane Cezera, R. Escobedo, B. Jayles, Tatsuya Kameda, H.-R. Kim, Clément Sire, and Guy Théraulaz

vol. 114, n. 47, December 2017

Digital technologies deeply impact the way that people interact. Therefore, it is crucial to understand how social influence affects individual and collective decision-making. We performed experiments where subjects had to answer questions and then revise their opinion after knowing the average...