Carey Price

and Have Prices Overshot? (June 2006) Dave Rae and Paul van den Noord Boosting Competition in Ireland (June 2006) Dave Rae, Line Vogt and Michael Wise Factors Behind Low Long-Term Interest Rates (June 2006) Rudiger Ahrend, Pietro Catte and Robert Price The Fiscal Challenge in Portugal (June 2006) Stéphanie Guichard and Willi Leibfritz Are House Prices Nearing a Peak? A Probit Analysis for 17 OECD Countries (June 2006) Paul van den Noord Maintaining Switzerland’s Top Innovation Capacity (June 2006)

par rapport aux autres intermédiaires financiers, demeure incontestable. Afin de lever l’asymétrie informationnelle, les banques mobilisent des contrats séparants caractérisés par des clauses contractuelles restrictives (Berlin et Mester, 1992 ; Carey et al., 1993). De plus, les banques exigent des garanties afin de minimiser leurs pertes en cas de défaillance des emprunteurs (Bester, 1985 ; Besanko et Thakor, 1987 ; Chan et Thakor, 1987 ; Boot et al., 1991 ; Boot et Thakor, 1994 ; Berger et al

subsaharienne, avril (Washington, F’MI). Gupta, Sanjeev, 2003, “Income Distribution and Tax and Government Spending Policies in Developing Countries,” Fiscal Department presentation (Washington: International Monetary Fund). Hauner, David, 2005, “A Fiscal Price Tag for International Reserves,” IMF Working Paper 05/81 (Washington: International Monetary Fund). Hausmann, Ricardo, Lant Pritchett, and Dani Rodrik, 2004, “Growth Accelerations,” NBER Working Paper 10566 (Cambridge, Massachusetts: National Bureau

généralement 58 59 60 Nicosia F.M., Mayer R.N. (1974), « Toward a Sociology of Consumption », Journal of Consumer Research, 3, September, p. 65-75. Darpy D., Volle P. (2003), Comportement du consommateur : concepts et outils, Dunod, Paris. Arnould E.J., Price L., Zinkhan G. (2002), Consumers, McGraw-Hill, New York, Pinson C., Jolibert A. (1997), « Comportement du consommateur », Encyclopédie de Gestion, Y. Simon et P. Joffre (éd.), tome 1, 2e édition, Economica, p. 372-475 ; Filser M. (1994), Le comportement

généralement 58 Nicosia F.M., Mayer R.N. (1974), « Toward a Sociology of Consumption », Journal of Consumer Research, 3, September, p. 65-75. 59 Darpy D., Volle P. (2003), Comportement du consommateur : concepts et outils, Dunod, Paris. 60 Arnould E.J., Price L., Zinkhan G. (2002), Consumers, McGraw-Hill, New York, Pinson C., Jolibert A. (1997), « Comportement du consommateur », Encyclopédie de Gestion, Y. Simon et P. Joffre (éd.), tome 1, 2e édition, Economica, p. 372-475 ; Filser M. (1994), Le comportement

known that this filter may displays anomalies at sample endpoints.25 Our investment data are corrected for differences in PPP and are taken from the OECD National Accounts and Economic Outlook starting in 1960. Prior to that date, we use IMF data and price deflators and, for some countries where no information is available, we extrapolate investment backward using the growth rates of the capital stocks provided by Summers and Heston in the PWT 5.6. 25. Due to data limitations and other anomalies

transporté par des entreprises différentes. L’erreur pouvait avoir été commise à n’importe quelle étape. “These efforts, however, led me to the fact that verification, which in this instance constituted a considerable part of the price of the article, must form a portion of its price in every case.” D’où il conclut que la poste devrait prendre en charge le transport des paquets. Son réseau national lui permettrait d’éliminer le coût des vérifications. UN GRAND ABSENT : L’AMERICAN SYSTEM OF MANUFACTURING

that were once scattered so broadly around the world that hardly anyone could profit from them.”1 Observes Wired’s Clive Thompson, “The perfect recall of silicon memory can be an enormous boon to thinking.”2 The boons are real. But they come at a price. As McLuhan suggested, media aren’t just channels of information. They supply the stuff of thought, but they also shape the process of thought. And what the Net seems to be doing is chipping away my capacity for concentration and contemplation

explicatives le PIB, l’inflation (effet Fischer) et les taux à court terme (les variations de taux d’intérêt décidées par les banques centrales sont censées se transmettre aux maturités les plus longues). (10) Voir pour une synthèse Ahrend, Catte et Price (2006), par exemple. 20 CONSEIL D’ANALYSE ÉCONOMIQUE 1.5. Une expansion du crédit dans un contexte non inflationniste La baisse des taux d’intérêt et des primes de risque alimente ainsi un crédit abondant et bon marché . Mais cette abondante

the efficiency agenda on preventative services Since the 1990s, public services, including those for children and young people, have seen an increase in the use of market principles. The aim was to replicate the putative efficiency imposed by the price mechanism on the understanding that it would lead to cost effectiveness. Government launched a series of efficiency reviews. The first incarnation of the efficiency savings agenda ran from 2004 to 2007 and was known as the Gershon Efficiency Review