Search results for "finances"

Rational Herding in Reward-Based Crowdfunding: An MTurk Experiment.

2020

Crowdfunding is gaining popularity as a way of financing social sustainable initiatives. We performed a controlled economic experiment in MTurk by simulating a crowdfunding platform and developed a theoretical model that rationalizes herding behavior. The experiment was designed to test and quantify the causal effects of revealing specific information to prospective backers: (i) the number of early contributors already financing the project and (ii) positive opinions of other backers versus those of experts. The results show that early contributions to the campaign and positive opinions of peers act as a reinforcing signal to potential backers and affect backers&rsquo

Governing the economy of the European Union: what scope for new constitutional provisions?

2005

Proceedings of the International Conference. Torino, November 22 and 23, 2002

Competition and cooperation of the implementation of divine prescriptions

2008

Economie appliquée - numéro thématique : Etat social et politique de santé - vol.60, n°1

2007

Le Currency board : les contraintes de financement et d'ajustement de la convertibilité intégrale

2000

The paper scrutinizes the consequences of the adoption of a currency board arrangement (CBA) by some emerging economies during the 1990s. Considering the justifications o f this choice and the different setting-up contexts, it focuses on the implications of a CBA on the financial system and the real economy. A high degree of liquidity of the banking system is required in the absence of a lender-of-last-resort, and the automatic money supply process strictly disciplines the fiscal policy. Monetary stability is restored; but in most o f these economies where capital markets are underdeveloped, CBA's rules make the domestic credit supply dependent on the ability o f the economy to maintain ove…

Participation communautaire et rôle de l'Etat dans les politiques de santé. Quand un dogme chasse l'autre.

2005

Post-Keynesian Principles of Economic Policy

2006

The Multiplier, the Principle of Effective Demand and the Finance Motive: a coherent framework..

2008

Le prince, l'argent, les hommes au Moyen Age.

2008

L'impôt, sa conception, son emploi, les fluctuations de la monnaie dessinent un premier axe de ce livre : l'histoire des finances. Cependant, sans les hommes qui les animent, les institutions ne seraient rien : la connaissance des hommes, de leur culture, de leur mode de vie, devient le prolongement naturel du dévoilement des mécanismes fiscaux. La construction d'un état princier suppose aussi une idéologie qui le légitime. Le recours au passé se révèle essentiel pour l'illustrer : l'historiographie modèle le destin des principautés émergentes dans les décennies marquées par la guerre de Cent Ans.

Poverty Reduction: The Paradox of the Endogenous Poverty Line

2007

When evaluating poverty, the relative poverty line may be considered as a percentage of the median income or it may be a percentage of the average income. It is proved that, with a poverty line relative to the median income, reducing poverty may become less costly in proportion to the total income as poverty increases (measured by the Sen, the Sen-Shorrocks-Thon or the Foster-Greer-Thorbecke poverty indexes) by passing from a Lorenz concentration curve to another curve associated with more poverty. This is obviously a paradox, although a largely overlooked one. However, it is shown that the paradox vanishes if the poverty line is relative to the average income. The demonstration is both exp…