Research Fellows

Sustainable economic policies: exploring the effects of sustainability-linked money creation

This paper explores the potential contribution of Sustainability-linked Money Creation (SMC) to sustainable economic policies. Our simulations suggest that, in comparison to a baseline scenario, SMC issues could potentially constitute an anti-inflationary, counter-cyclical green transition policy, that increases biomimetic resilience and contains income and wealth inequalities. We finally discuss the policy implications, as well as the limitations of our findings.

European Regulations for an Affordable Sustainable (Battery) Electric Vehicle

Books & Official ReportsPublicationsResearch areaResearch FellowsSamuel KlebanerSectoral PoliciesComments Off on European Regulations for an Affordable Sustainable (Battery) Electric Vehicle

The publication aims at anwsering the following questions :

  • Why do we need a small, affordable, sustainable electric vehicle (ASEV)?
  • Why don't we have ASEV in Europe ?
  • What we can learn from other countries?
  • How to promote ASEV in Europe ?
  • And what would be the impact of ASEV on decarbonisation, just transition and European industry competitiveness ?

Wealth inequality and carbon inequality

This paper advances the issue about the richest people contributing disproportionately to the increase in CO2 emissions, and thus to global warming by providing robust econometric validity. The method aims at. examining the effect of wealth accumulation on carbon emissions. Our regression estimates support the hypothesis that wealth concentration significantly increases carbon inequality and accounts for nearly 20% of the CO2 emissions of the richest people.

Sustainable economic policies: exploring the effects of ecosystemic macroprudential regulations

Financial regulation and innovative financingGaëtan Le QuangLaurence ScialomPublicationsResearch areaResearch FellowsWorking papersComments Off on Sustainable economic policies: exploring the effects of ecosystemic macroprudential regulations

This paper explores the implications of ecosystemic macroprudential regulations on sustainability in an ecological PK-SFC framework. The results of the paper highlight the relevance of ecosystemic prudential regulation to tackle climate change and call for adopting a holistic approach to sustainability policies.

Agricultural Productivity Growth and Deforestation in the Tropics

Access to EnergyPublicationsRaphaël SoubeyranResearch areaResearch FellowsWorking papersComments Off on Agricultural Productivity Growth and Deforestation in the Tropics

We analyze the impact of agricultural productivity growth on tropical deforestation. Our dynamic model of forest-to-farmland, addressing the Jevons’ paradox and Borlaug hypothesis, predicts that rising agricultural productivity, reflected by declining fertilizer price growth, has an ambiguous effect on deforestation. Using tropical forest loss data (2000-2022) and fertilizer price variations, we find a negative correlation between fertilizer price growth and deforestation, particularly in regions with high market potential. Our results highlight that protected areas do not mitigate the adverse effects of fertilizer price growth on deforestation.

La transformation des entreprises au regard des enjeux de transition

Financial regulation and innovative financingSandra RigotComments Off on La transformation des entreprises au regard des enjeux de transition

Ce séminaire sera consacré aux enjeux de gouvernance d'entreprise en lien avec la transition écologique.

Power constraints and firm-level total factor productivity in developing countries

Alpha LyFinancial regulation and innovative financingPublicationsPublicationsResearch areaResearch FellowsComments Off on Power constraints and firm-level total factor productivity in developing countries

We analyze the effects of power constraints on manufacturing firms’ TFPR. Statistically, the power constraints treatment variable is not random for the firms. Power constraints negatively and significantly affect firm-level TFPR. Average productivity 11% lower for exposed firms compared to unexposed firms. The acquisition of backup generators or investment in R&D mitigates this effect.

Electrification or deforestation? Evidence from household practices in Côte d’Ivoire

Alpha LyFinancial regulation and innovative financingPublicationsPublicationsResearch areaResearch FellowsComments Off on Electrification or deforestation? Evidence from household practices in Côte d’Ivoire

This paper investigates the impact of electrification on household practices related to deforestation in Côte d’Ivoire, specifically focusing on the expansion of arable farms and the use of biomass fuels.  

Looking at the relationship between electrification and the expansion of arable farms inspired by Angelsen and studying  data from the latest four waves of the household Living Standards Measurement Surveys (1998, 2002, 2008, and 2015), we find that increased access to electricity significantly reduces both the average size of arable farms and the collection of firewood from forests. 

Functionalism in ecology and economics: Epistemological affinities and temptations

Hadrien LantremangeMacro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsComments Off on Functionalism in ecology and economics: Epistemological affinities and temptations

This article reviews the epistemological debates about functionalism in ecology. While identifying current area of scientific validity, t emphasizes, in particular, that functionalism depends on the system examined and remains inapplicable wherever singularity prevails. 

Economic policy efficiency and recovery in an open economy

How the increased trade openness and correspondingly higher marginal propensity to
import explains the lower efficiency of economic policy in the context of economic openness. Using an empirical stock-flow consistent model for the French economy (SFC FR), we analyze the macroeconomic impacts of these policies through a series of macroeconomic shocks.