The goal of this paper is to propose and test stochastic differential equations for Goodwin’s model and one of its extension by using an estimation technique based on simulated maximum likelihood developed by Durham and Gallant (2002)
The article studies the 1978 macroeconomics conference titled “After the Phillips Curve”, where Lucas and Sargent presented their fierce attack against structural macroeconometric models, “After Keynesian Macroeconomics”. It aims at enlarging the comprehension of changes in macroeconomics in the 1970s.
This study uses the global climate–economy–biosphere (CoCEB) model formulated in Part 1 to investigate economic aspects of deforestation control and carbon sequestration in forests, as well as the efficiency of carbon capture and storage (CCS) technologies as policy measures for climate change mitigation.
L'article propose un formalisme pour répondre à la question suivante : quand un individu (agent, nation) met-il en œuvre une action binaire (par exemple, engager la lutte contre le réchauffement climatique, liquider son portefeuille, arrêter de fumer) si sa perception des risques est déformée ?
The CoCEB model is used to evaluate hypotheses on the long-term effect of investment in emission abatement, and on the comparative efficacy of different approaches to abatement. While many studies in the literature treat abatement costs as an unproductive loss of income, we show that mitigation costs do slow down economic growth over the...
L'idée est de montrer que la vision de la macroéconomie de Sargent contraste avec celle de Lucas.
This paper presents novel approach about ethnic polarization in a country and extends its relevance beyond social conflict and civil wars to subjective well-being (SWB) and relational capabilities construct.
This paper presents a family of multidimensional poverty indexes that measure poverty as a function of the extent and the intensity of poverty.
Le diagnostic du changement climatique et de ses conséquences physiques repose sur une représentation modélisée et assez solide des phénomènes en cause. Les effets...
How do inequality and growth evolve in the long run and why? This paper analyses the interplay between household debt, growth and inequality within a monetary, stock-flow consistent framework.
Ce séminaire a pour objectif de présenter et de discuter ces différentes adaptations apportées au cadre prudentiel au cours de la période récente. Le séminaire donnera lieu à trois présentations par Pierre Monnin (CEP), Thierry Philipponnat (Finance Watch) et Olivier de Bandt, directeur de la recherche à la Banque de France.
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...