Publications of the Chair

Enjeux climatiques et gouvernance d’entreprise : Analyse des indices FTSE100, HDAX et SBF120

2023
Authors :
Cécile Cézanne, Yves Kassi, Sandra Rigot

This article analyses the integration of climate issues into corporate governance. Based on data from the 2019 CDP survey, it shows that FTSE100, HDAX, and SBF120 companies use similar control and incentive mechanisms to ensure the transparency of climate information, despite some specificities related to their legal and institutional environments. The paper identifies some shortcomings and makes recommendations to...

Energy and rural households well-being : Do the facts hold the promise of prosperity?

2023
Authors :
Ahmed Tritah, Chloé Saurel

This paper reviews the evidence from the recent literature regarding the impact of electricity on rural households. The authors' reading of the currently available evidence suggests that while access to electricity is necessary to support local economic development and stimulate a more inclusive labor market, it is however not sufficient.

Decarbonization with Induced Technical Change: Exploring the Niche Potential of Hydrogen in Heavy Transportation

2024
Authors :
Albin Kasser, Elodie Le Cadre Loret, Guy Meunier, Jean-Pierre Ponssard, Mures Zarea

Electric batteries and fuel cells (hydrogen) are competing technologies for the energy transition in heavy transportation. This paper shows that the existence of a market niche for fuel-cell electric buses (FCEBs) can be obtained depending on the values of a limited set of key parameters.

Car-Fuel Poverty: Determinants and Policy Implications for France

2023
Authors :
Ariane Bousquet, María Eugenia Sanin

Several European governments implemented a generalized gasoline subsidy in the face of inflation following the Ukrainian crisis. In contrast, reducing fossil fuel consumption is crucial to mitigate the current energy and climate crises. Fuel consumption for transport increases with income, making rich households the main beneficiaries of generalized subsidies. In this context, a thorough...

From Price Stability to Climate Stabilization? The Political Economy of Green Central Banking

2023
Authors :
Jérôme Deyris

This PhD thesis focuses on a recent and rapidly spreading, but highly diverse phenomenon: the integration of climate and environemntal issues by central bankers. To do so, the author draws from different approaches in order to understand what drives (some) central banks to embrace this issue, why they do so and...

Unconventional monetary policy in an econometric SFC model of the French economy: Some lessons for financing the low-carbon transition

2023
Authors :
Jacques Mazier, Luis Reyes

Un modèle économétrique SFC de l'économie française est présenté pour étudier les effets des politiques monétaires non-conventionnelles et l'impact d'une version simple de la monnaie électronique banque centrale. Différentes formes de politiques monétaires non conventionnelles sont évaluées.

Dette publique et policy mix climatique : l’éclairage des modèles macroéconomiques stocks-flux cohérents

2023
Authors :
Jacques Mazier, Luis Reyes

This paper examines the contribution of SFC modelling to the definition of a green policy mix that would facilitate the implementation of a climate transition policy.

Technology Neutral vs. Technology Specific Procurement

2023
Authors :
Juan-Pablo Montero and Natalia Fabra

An imperfectly-informed regulator needs to procure multiple units of some good that can be produced with heterogeneous technologies at various costs. How should it optimally procure these units? We find that one size does not fit all: the preferred instrument depends on the costs of the available technologies, their degree of substitutability, the extent of information asymmetry,...

Conventional and unconventional economic policies in an econometric SFC model of the French economy

2024
Authors :
Jacques Mazier, Luis Reyes

The 2008 and Covid crises have led to increasing public debts and to the launching of unconventional economic policies. Thanks to a complete description of the balance sheets of the domestic and foreign agents, stock-flow consistent (SFC) modelling was well equipped to evaluate their economic consequences. 

Electric Moto Taxis Innovation in Low-Income Countries: A Rider’s Perspective in Kampala – 1er prix du Global case writing competition 2023 du William Davidson Institute

2023
Authors :
Akil Amiraly, Mansoureh Hasannia Kolaee, Peter Kasaija, Nathalie Prime

Akil Amiraly (i3-CRG) et Mansoureh Hasannia Kolaee (Laval University), et leur co-auteurs Peter Kasaija (Makerere University) et Nathalie Prime (ESCP) ont reçu le premier prix du Global case writing competition 2023 du William Davidson Institute (Michigan University) pour l’étude de cas « Electric Moto Taxis Innovation in Low-Income Countries: A Rider's Perspective in Kampala...