Publications of the Chair

Tradable emission permits: beyond pollution abatement motives

2015
Authors :
Maria-Eugenia Sanin

In this paper we study how the electricity market characteristics determines the choices made by electricity generators in the U.S. market for SO2 allowances.

Economic Development: Is Social Capital Persistent?

2015
Authors :
Rakesh Gupta

This paper is published in Papiers de Recherche AFD, n°2015-17, Décembre. Abstract : This paper, on the one hand, goes a step closer to...  

Managing Base of the Pyramid as a Business Opportunity: A Longitudinal Field Study.

2015
Authors :
Thomas André, Jean-Pierre Ponssard

In the last decade a growing articulation of the business strategy of the firms with some specific global societal challenge in line with its...  

The deployment of BEV and FCEV in 2015

2015
Authors :
Julien Brunet, Alena Kotelnikova, Jean-Pierre Ponssard

In Europe the transport sector contributes about 25% of total GHG emissions, 75% of which come from road transport. Contrarily to industrial emissions road...  

Managing Societal Performance of Impact Investing: An Action Research Inquiry

2015
Authors :
Thomas André

Impact investments are emerging as a new asset class of social finance, sometimes driven by multinational enterprises as part of their strategic corporate social...  

Instituionalization of impact investing through societal management pressures: an action research inquiry

2015
Authors :
Thomas André

Impact investments are emerging as a new asset class of social finance. The article is based on on a three year action-research program conducted with Schneider Electric. It analyzes the perceptions of the Schneider Electric impact investing fund’s managers’ regarding emerging societal performance management procedures they were urged to adopt. 

Criticizing the Lucas Critique: Macroeconometricians’ Response to Robert Lucas

2015
Authors :
Aurélien Goutsmedt, Erich Pinzon-Fuchs, Matthieu Renault, Francesco Sergi

Abstract. The standard history of macroeconomics considers Lucas (1976)– “the Lucas Critique” –as a path-breaking innovation for the discipline. According to this view Lucas’s...  

Oil and Unemployment in a New-Keynesian Model

2015
Authors :
Verónica Acurio Vásconez

The effects of oil shocks in inflation and growth have been widely discussed in the literature, however few have focused on the impact of...  

What if Oil is Less Substitutable? A New-Keynesian Model with Oil, Price and Wage Stickiness including Capital Accumulation.

2015
Authors :
Verónica Acurio Vásconez

The recent literature on fossil energy has already stated that oil is not perfectly substitutable to other inputs, considering fossil fuel as a critical...