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Article X| Date | Type | Description |
|---|---|---|
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81
21/06/2019 |
Article | The pricing of risk is a core driver of the insurance industry's effectiveness in improving system resilience. Insurers have two core functions. On the asset side, they are… |
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82
21/06/2019 |
Article | Our modern world is giving more and more attention to flexibility. This tendency appears in economic analysis through the increasing interest given to dynamic programming and… |
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83
21/06/2019 |
Article | The aim of this paper is to analyze the consequences of introducing heterogeneous beliefs and impatience rates in otherwise standard valuation models. We first show that the… |
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84
21/06/2019 |
Article | In this article, we address the issue of the price of longevity risk. We begin by describing the risk of longevity and its components, distinguishing biometric, financial and… |
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85
21/06/2019 |
Article | Following the sub-prime crisis, in 2010 the European Parliament asked the Commission to implement a tax on financial transactions intended to discourage purely speculative… |
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86
21/06/2019 |
Article | Risk aversion is the well documented psychological bias that makes us refuse to participate in zero-sum lotteries: to accept a 50 % chance loss of one dollar, we need to be… |
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87
21/06/2019 |
Article | Faced with the global externality of climate change, there is a strong consensus among academic economists in favor of the price instrument to internalize an externality and to… |
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88
21/06/2019 |
Article | Economic theory teaches that the price of diversifiable risk is zero. However, this is not the case in practice: the price of the best diversifiable risks covered by insurers in… |
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89
21/06/2019 |
Article | The equity premium measures the return obtained by investing in equities in excess of a short-term Treasury bill return. In the last thirty years, the financial literature has… |
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90
27/12/2018 |
Article | This paper proposes an overview of what we currently know about financial transactions taxes (FTT). I discuss to what extent an FTT can be seen as an efficient tool to fulfill… |
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91
27/12/2018 |
Article | The nature of banking justifies the application of a specific taxation for banks. First, considering that financial leverage cannot be disassociated from bank intermediation, it… |
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92
26/07/2018 |
Article | The powerful setup of passive investing in the management of savings by institutional investors has tremendously increased in the last ten years. It is the result of the… |
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93
15/05/2018 |
Article | French rules governing public offers have been amended frequently, sometimes reflecting the legislator's desire to encourage such transactions and sometimes reflecting a distrust… |
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94
15/05/2018 |
Article | This article summarises the arrangements in EU law regarding the protection of retail investors in the provision of investment services and their development in the past decades.… |
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95
15/05/2018 |
Article | Blockchain is a technology that makes it possible to carry out and record orderly transactions in a digital format through a decentralized network without having recourse to a… |
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96
15/05/2018 |
Article | What efforts should be made to ensure the sustainability of the French public debt by 2027? The first part analyzes the French sovereign negotiable securities in terms of… |
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97
15/05/2018 |
Article | Ten years after the financial crisis, the “legal design” of the financial regulation has evolved. From an outside perspective, the change is hard to see; the players are the same:… |
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98
15/05/2018 |
Article | This article analyzes the repression of insider trading within the framework of deterrence theory (Polinsky and Shavell, 2007). The paper first considers the justification of the… |
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99
12/02/2018 |
Article | Inequalities have spurred in most countries with financial globalization. Nonetheless average inequalities of income between countries have abated with the rise in emerging market… |
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100
12/02/2018 |
Article | This article provides a synthetic survey of the recent literature addressing the links between income inequality and finance, in order to disentangle the various factors… |