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Stéphane Couture, Serge Garcia et Arnaud Reynaud
n° 09-044, mai 2009
In an international context of soaring oil prices and growing awareness of the need to combat global warming, wood would appear to be becoming increasingly competitive and desirable for our environment. France is the leading consumer of fuelwood in the EU, mainly for home consumption and for...
Jacques Agabriel, Michel Lherm, Claire Mosnier, Arnaud Reynaud et Alban Thomas
n° 09-046, mai 2009
This paper addresses the issue of agricultural production under both output level and output price risks, in a context of random climatic conditions affecting forage used in beef production. It contributes to the empirical literature by applying the framework proposed by Isik (2002) to derive...
Stéphane Cara, Gaël Goulevant, Florence Jacquet, Marie-Hélène Jeuffroy, Philippe Lucas, Françoise Montfort et Arnaud Reynaud
n° 09-043, mai 2009
This paper addresses the question of summer cover crop adoption by farmers in presence of a risk of yield loss due to take-all disease and climate variability. To analyse the public incentives needed to encourage farmers to adopt summer cover crops as a means of reducing N leaching, we combine...
Vincent Réquillart et Louis-Georges Soler
mai 2009
André Grimaud et Gilles Lafforgue
Gilles Saint-Paul
n° 09-033, mai 2009
Céline Bonnet et Pierre Dubois
n° 09-040, mai 2009
Frédérique Bec et Christian Gollier
n° 587, mai 2009
This paper explores empirically the link between stocks returns Value-at-Risk (VaR) and the state of financial markets cycle. The econometric analysis is based on a simple vector autoregression setup. Using quarterly data from 1970Q4 to 2008Q4 for France, Germany and the United-Kingdom, it turns...
Philippe De Donder et John E. Roemer
vol. 27, n° 3, mai 2009, p. 414–423
Hippolyte d'Albis et Emmanuelle Augeraud-Véron
vol. 50, n° 2, mai 2009, p. 459–484