Publications of the Chair

The effect of countries’ ESG ratings on their sovereign borrowing costs

2017
Authors :
Patricia Crifo, Marc-Arthur Diaye, Rim Oueghlissi.

The article examines whether the extra-financial performance of countries on environmental, social and governance (ESG) factors matters for sovereign bonds markets. Using a panel regression model over a data set with 23 OECD countries from 2007 to 2012, it shows that ESG ratings significantly decrease government bond spreads.

Policies and deployment for Fuel Cell Electric Vehicles an assessment of the Normandy project

2016
Authors :
Julien Brunet, Jean-Pierre Ponssard

Article publié dans  The International Journal of Hydrogen Energy (24/12/16) The paper provides a cost benefit analysis of one of the most prominent Fuel...  

Debt-Deflation versus the Liquidity Trap the Dilemma of Nonconventional Monetary Policy

2016
Authors :
Gaël Giraud, Antonin Pottier.

Paper published in Economic Theory (Vol. 62, June 2016). This paper examines quantity-targeting monetary policy in a twoperiod economy with fiat money, durable goods and default.

The Effects of Oil Price Shocks in a New-Keynesian Framework with Capital Accumulation.

2014
Authors :
Veronica Acurio Vasconez, Gaël Giraud, Florent Mc Isaac, Ngoc-Sang Pham.

Paper published in  Energy Policy – November 2015. The economic implications of oil price shocks have been extensively studied since the 1970s’. Despite this...