Search

495 results matching your search
Date	Type	Description
141 31/03/2015	Article	REF 117 Climate change and sustainable finance Quantifying Greenhouse Gas Emissions of the Financial Sector Free access Anne GERARDI Alain GRANDJEAN Emmanuel MARTINEZ To answer the challenges of climate change, a massive reorientation of private and public financing flows is required. The financial sector appears to be a key player to engage… JEL classification : G12 Q54 Q56
142 31/03/2015	Article	REF 117 Climate change and sustainable finance The Financial Crisis: Lessons for the Future Free access Olivier KLEIN The causes of the major financial crisis that surfaced in 2007 are identical to those of virtually all crises that have occurred since the beginning of the 19th century – a credit… JEL classification : F36 F55 G01
143 31/03/2015	Article	REF 117 Climate change and sustainable finance Shaping Financial Markets Dealing with Climate Change Free access Carlos GARCÍA PARET Santiago LORENZO We are witnessing an energy transition where renewable energy is becoming a more competitive technology than traditional fossil fuels. Besides, the climate imperative is pressing… JEL classification : G18 Q38 Q54
144 31/03/2015	Article	REF 117 Climate change and sustainable finance Why Do We Need a Sustainable and Responsible Financial System? Free access Esther JEFFERS Is the present conception of finance inevitable? Is there a more sustainable alternative? And if so, what does it look like?In the first part, this article discusses why, when… JEL classification : G01 D62
145 31/03/2015	Article	REF 117 Climate change and sustainable finance Green Bonds and the Development of a 2°C Finance Free access Zoe KNIGHT It is difficult to allocate capital consistent with ensuring that temperature will rise to less than 2°C as agreed in Copenhagen in 2010. However, a combination of factors are… JEL classification : G11 G12 M14 Q54 Q56
146 31/03/2015	Article	REF 117 Climate change and sustainable finance Finance Serving Society? Free access Jean BOISSINOT Relying on recent articles and books, this paper aims to highlight how finance could serve society and which bases could allow financial activities to actually benefit society. In… JEL classification : A23 G00 G01 M14
147 31/12/2014	Article	REF 116 The changing African finance Investment Funds, an Essential Source of Long-Term Capital for African Businesses Free access Luc RIGOUZZO Considering the huge investment opportunities offered by these demographic, urban and economic changes, the African continent has become a key destination for private equity… JEL classification : F21 G11 G24 O16 O55
148 30/09/2014	Article	REF 115 The housing markets and their financing Fair Value Accounting and Model Price: An International Comparison of the Banks’ Trading Portfolios Structure and of their Risk/Return Ratio Free access Laurent CLERC Didier MARTEAU At the onset of the financial crisis in 2007, “fair value” accounting came under fire for its pro-cyclical effects. Seven years on, fair value remains the sole method of… JEL classification : G15 G21 G28 M48
149 30/09/2014	Article	REF 115 The housing markets and their financing Housing Financing in France and the Financial Crisis Free access Jérôme COFFINET Jérémi MONTORNÈS This paper analyzes the main changes in the housing financing in France during the period 2003-2013. Relying mostly on the data made available at the Banque de France, it recalls… JEL classification : E32 E44 G01 G21 R21
150 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Slowdown in SMEs Bank Financing in France Free access Élisabeth KREMP Claude PIOT Within the context of the financial crisis followed by the European sovereign debt crisis, outstanding loans to non-financial companies in the euro area have been on a downward… JEL classification : G01 G21 G31 G32 L25
151 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Is the Alternative Investment Market a Model for Financing Small and Medium Capitalizations? Free access Valérie REVEST Alessandro SAPIO The Alternative Investment Market (AIM), a stock market dedicated to small and medium capitalizations, has been created in 1995 by the London Stock Exchange (LSE). The AIM is… JEL classification : G10 G23 G32 L25 M13
152 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The French Corporate Bond Market: A Leverage for SMEs? Free access Emmanuel BOUTRON Philippe DESSERTINE Béatrice de SÉVERAC The 2008 financial crisis and hardened regulatory requirements have resulted in a more restrictive credit offering to small and middle-size enterprises (SMEs). To finance their… JEL classification : G10 G23 G32 L25
153 30/06/2014	Article	REF 114 Financing SMEs Competitiveness “Is the Proof of the Pudding in the Eating?” – Comparison between Alternative Investment Market and Alternext Free access Paul LAGNEAU-YMONET Amir REZAEE Angelo RIVA As a stock exchange dedicated to small and medium enterprises (SMEs), the success of the Alternative Investment Market (AIM) has established this segment of the London Stock… JEL classification : G10 G23 G28 G32 L25 M10
154 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The Financing and the Investment Dynamics of French SMEs Free access Jean BOISSINOT Guillaume FERRERO Despite a decrease of the profitability of some firms (especially industrial firms), French SMEs have maintained a relatively high investment rate over the last fifteen years… JEL classification : G01 G21 G31 G32 L25
155 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The Bonds Offerings of German SMEs: Between Mittelstand and Junk Bonds Free access Joël PETEY This article is motivated by the strong increase of the bonds offerings of small and medium (SME) German firms observed between 2008 and 2012. These bonds are in particular… JEL classification : G10 G23 G32 L25
156 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Financial Markets Regulation and Financing of the Real Economy Free access Karl-Peter SCHACKMANN-FALLIS Mirko WEISS The debt capital of real economy enterprises in Germany is provided to a large extent by the banking system via credits, in particular to SMEs. This predominance of the bank-based… JEL classification : G10 G21 G28 L25
157 30/06/2014	Article	REF 114 Financing SMEs Competitiveness French SMEs: Fragile and Essential Free access Jean-Marc PILLU Yves ZLOTOWSKI SMEs of critical size (between 10 and 150 employees) are key to the French growth dynamic. They represent more than one third of total value added and employment. It turns out… JEL classification : G01 G21 G31 G32 G33 L25
158 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Alternext: A Market with Mixed Results Free access Emmanuel BOUTRON Philippe DESSERTINE Béatrice de SÉVERAC Alternext was set up in 2005 and was intended to help small and medium enterprises (SMEs) finance their development. Using a sample of SMEs that went public on Alternext during… JEL classification : G10 G23 G32 L25
159 21/03/2014	Article	REF 113 Central Banks Crises and challenges Fiscal Implications of the ECB’s Bond Buying Program Free access Paul de GRAUWE Yuemei JI The perception that the government bond buying program (OMT) announced by the ECB may lead to future tax burdens on countries, in particular on Germany, is based on an erroneous… JEL classification : E58 E63 F36 G01
160 21/03/2014	Article	REF 113 Central Banks Crises and challenges The Challenges for Central Banks after the Crisis Free access Patrick ARTUS The recent crisis will undoubtedly change central bank behaviour for a long time. Before the crisis, they managed short-term interest rates and looked after being credible in case… JEL classification : E52 E58 G18