Les investisseurs institutionnels sont devenus des acteurs majeurs des marchés financiers internationaux. Si en théorie, ils devraient participer au financement de long terme de l'économie, dans la réalité leur comportement est affecté d’un biais court-termiste. Comment y remédier, notamment pour financer la transition énergétique ?
Article published in Volume 39, Special Issue 2 of The Quarterly Journal of the IAEE’s Energy Economics Education Foundation. This article empirically investigates the...
The aim of this paper is to explain why there is insufficient long-term capital investment despite the abundant savings collected by a booming financial sector. Special attention is given to understanding the role of today’s accounting and prudential requirements.
Patricia Crifo et Antoine Rebérioux, chercheurs associés à la Chaire Energie et Prospérité ont coordonné le numéro de la revue d'économie financière sur le thème "Le gouvernement d'entreprise - Nouveaux enjeux".
In this paper we model the EU-ETS in presence of the Market Stability Reserve (MSR) as it is defined by that decision and investigate the impact that such a measure has in terms of permits price, output production and banking strategies. Our main finding is that the MSR succeeds in increasing the permits' price...
This paper presents a macroeconomic model of endogenous growth that takes into consideration the economic impact of climate change, the pivotal role of private debt and income distribution. The main finding is that, even though the short-run impact of climate change on economic fundamentals may seem prima facie rather minor, its long-run dynamic consequences...
Cet article montre que les normes comptables internationales IFRS (International Financial Reporting Standards) peuvent affecter la répartition de l'actif à long terme des banques et des compagnies d'assurance et propose des recommandations pour y remédier.
Patricia Crifo, Elena Escrig-Olmedo, Nicolas Mottis
This paper examines the relationships between corporate governance and corporate sustainability by focusing on two main components of companies’ governance structure: boards of directors and investor relations officers.
Cet article analyse les effets de la mise en concurrence des concessions hydroélectriques françaises à partir de l'exemple de la vallée de l’Aspe, où est installée une capacité hydroélectrique de 100 MW.
ENS Paris-Saclay
4 Avenue des Sciences, 91190 Gif-sur-Yvette
Building South-West — 1st floor, Room 1B26
7 février 2025
09:00 AM - 18:15 PM
The 11th edition of the annual International Conference on Mobility Challenges brings together experts from academia and industry, pushing the frontier of challenges at the intersection of automotive, energy, and mobility sectors. We welcome internationally renowned speakers as well as participants from the three sponsoring chairs, along with specialists from a wide range of...
