Search results for "Macroeconomics"

The European Union's Proposal for an International Investment Court: Significance, Innovations and Challenges Ahead

2016

International audience; Rampant discontent with the current system that governs the protection of international investment and the functioning of investment tribunals has led to a widespread view that there is an urgent need for reform. This is particularly pronounced in the context of investor-state dispute settlement (ISDS). The European Union (EU) has responded to this need by proposing the creation of an international investment court. With its political weight, the EU confers unprecedented legitimacy on the critics of the current ISDS system and reveals investment dispute settlement in the light of public international law, breaking with its background in commercial litigation. The art…

Distinguishing Trust from Risk: An Anatomy of the Investment Game

2009

The role of trust in promoting economic activity and societal development has received considerable academic attention by social scientists. A popular way to measure trust at the individual level is the so-called “investment game” (Berg, Dickhaut, and McCabe, 1995). It has been widely noted, however, that risk attitudes can also affect decisions in this game, and thus in principle confound inferences about trust. We provide novel evidence shedding light on the role of risk attitudes for trusting decisions. To the best of our knowledge our data are the first rigorous evidence that (i) aggregate investment distributions differ significantly between trust and risk environments, and (ii) risk a…

Dynamique de la structure industrielle française

1990

Le mouvement des idées monétaires dans l'Europe moderne

2014

Ce chapitre vise à fournir une vue de l'évolution des idées monétaires dans l'Europe moderne. Il s'alimente notamment des textes des auteurs du présent livre pour en dégager quelques leçons. Dans un premier temps, il discutera du sens du substantif " mercantilisme " tel qu'il a été construit depuis le milieu du dix-huitième siècle : examiner les fondements historiques de cette notion permettra d'en montrer les impasses. Il présentera, dans un second temps, une catégorisation des auteurs construite à partir de leur rapport au pouvoir.

Introduction. Les pensées monétaires dans l'Europe moderne : contexte et intentions

2014

Ce texte introduit le livre et présente ses objectifs et sa structure. Ce livre traite du déploiement des idées monétaires dans le monde européen de l'époque moderne, depuis les écrits de Nicolas Copernic (1517) jusqu'à la veille de la publication de l'ouvrage économique majeur écrit par Adam Smith (1776) . Il met l'accent sur le contexte historique dans le cadre duquel ces idées monétaires ont vu le jour. Il montre la grande variété des contextes et des idées bien au-delà des espaces, des auteurs et des thèmes généralement étudiés, en intégrant des territoires peu étudiés par les économistes, en mettant au jour des approches et des auteurs oubliés, en tentant, enfin, de restituer la riches…

The Co-creation Canvas

2021

Abstract Digital transformation has become an increasingly important topic among enterprises and in research. The adoption of enterprise systems is such an investment, and it usually requires significant change management activities to realize the potential benefits. One important issue is how firms should go about to make investments in appropriate digital technology – and the appropriate changes to organizational processes and business models. This is particularly challenging for small and medium-sized enterprises (SMEs). They generally have very limited resources, and they usually depend on external input and cooperation with other companies. Therefore, a successful strategy for many SME…

Does work engagement physiologically deplete? Results from a daily diary study

2020

Based on the conservation of resources theory, we argue that work engagement involves resource investment, and therefore physiologically depletes resources. On this basis, we propose that work enga...

Tendencias privatizadoras del modelo de financiación de la educación superior en Europa. Propuestas de la Unión Europea y el análisis del acceso aseq…

2020

The influence exerted by supranational organizations, such as the European Union (EU) in the configuration of educational policies, forces us to include the supranational sphere in the study of educational trends. A growing trend in the field of higher education is the increase in private investment and our objective is to measure its impact in recent years in the European context and if it puts at risk the affordable access to this educational level. To do this, in the first place, we analyze the different actions developed from the European Union on increasing private financing of higher education through various documents and work plans. Second, from the Comparative Education methodology…

Channels through Which Human Capital Inequality Influences Economic Growth

2011

This paper empirically investigates the theoretical predictions of some of the channels through which human capital inequality may discourage investment and growth. In a cross section of countries over the period 1960–2000, findings reveal that, all other things being equal, a greater degree of human capital inequality increases fertility rates and reduces life expectancy, which in turn hampers the accumulation rates of human capital. This effect is reinforced in the countries where individuals find it difficult to access credit. Extensive sensitivity analyses show that the results are robust across specifications and are not driven by atypical observations, endogenous regressors, or unobse…

ICT and Economic Growth

2005

Using new sectoral data on investment and capital services we carry out a growth accounting exercise on Spain 1985-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour qualification and Total Factor Productivity. Results are given for 29 different branches; individually and grouped into four clusters according to their ICT use intensity. Three ICT assets (hardware, communications and software) are considered. We find that although the ICT intensive group appears to be the most dynamic cluster, most of the impact on productivity is still to come. There is some evidence of a reversal of the productivity slow down of the nine…