Contraintes financières sur l'investissement, contraintes de capacités de production et incertitude sur la demande PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Contraintes financières sur l'investissement, contraintes de capacités de production et incertitude sur la demande PDF full book. Access full book title Contraintes financières sur l'investissement, contraintes de capacités de production et incertitude sur la demande by Jean-Bernard Chatelain. Download full books in PDF and EPUB format.
Author: Jean-Bernard Chatelain
Publisher:
ISBN:
Category :
Languages : fr
Pages : 0
Get Book Here
Book Description
Author: Jean-Bernard Chatelain
Publisher:
ISBN:
Category :
Languages : fr
Pages : 0
Get Book Here
Book Description
Author: PIERRE-ALAIN.. SAUVE
Publisher:
ISBN:
Category :
Languages : fr
Pages :
Get Book Here
Book Description
LES MODELES ECONOMETRIQUES ACTUELS DE L'INVESTISSEMENT IDENTIFIENT LES FACTEURS QUI INFLUENCENT LA DECISION D'INVESTIR MAIS PAS CEUX QUI CONCRETISENT LA DEPENSE. L'INCAPACITE DE CES MODELES AU NIVEAU EMPIRIQUE INVALIDE LA THEORIE NEOCLASSIQUE DU CAPITAL. CETTE ETUDE ELABORE UNE THEORIE D'INVESTISSEMENT QUI S'ACCORDE AU FONCTIONNEMENT D'UNE ECONOMIE CAPITALISTE FONDEE SUR L'ENDETTEMENT. DANS UN CADRE D'OPTIMISATION, L'ENTREPRISE MAXIMISE SON PROFIT SUJET AUX CONTRAINTES DE FINANCEMENT ET DE DEPRECIATION DU STOCK DE CAPITAL. DEPENSE D'INVESTISSEMENT, STRATEGIE FINANCIERE DE L'ENTREPRISE ET DISPONIBILITE DU CREDIT BANCAIRE SONT ETROITEMENT LIES. LE MODELE DECRIT LE COMPORTEMENT DIFFERENCIE DE L'INVESTISSEMENT SELON LA POSITION FINANCIERE DE L'ENTREPRISE. LES PLANS D'INVESTISSEMENT PEUVENT ETRE MODIFIES PAR UNE CONTRAINTE FINANCIERE IMPOSEE PAR LA BANQUE. CETTE CONTRAINTE DE LIQUIDIT E, INITIEE PAR UNE CONJONCTURE DEFAVORABLE OU UNE POLITIQUE MONETAIRE RESTRICTIVE, INFLUENCE LA REALISATION DE L'INVESTISSEMENT ET JUSTIFIE LA DISTINCTION ENTRE INVESTISSEMENT VOLONTAIRE ET INVESTISSEMEN T INVOLONTAIRE. L'INVESTISSEMENT VOLONTAIRE EST PRO-CYCLIQUE, COURT TERME, DETERMINE PAR LES FACTEURS CYCLIQUES DE L'INVESTISSEMENT: LE PROFIT POTENTIEL, LA DEMANDE, L'INCERTITUDE, ET SURTOUT LA SITUATION FINANCIERE DE L'ENTREPRISE. LA DEPENSE VOLONTAIRE EST ANNULEE OU INTERROMPUE SI L'ENTREPRISE ET LA BANQUE EN JUGENT AINSI. L'INVESTISSEMENT INVOLONTAIRE EST PLANIFIE DE LA MEME FACON MAIS SE DISTINGUE PAR SA RIGIDITE D'EXECUTION ET LA NECESSITE DE LE FINANCER. LA THEORIE FINANCIERE DE L'INVESTISSEMENT COMPLETE LA THEORIE DU CIRCUIT QUI INTEGRE PRODUCTION ET FINANCE DANS UNE ECONOMIE MONETAIRE DE PRODUCTION. L'ACCUMULATION DE BIENS D'INVESTISSEMENT A POUR CONTREPARTIE UN ENDETTEMENT NET DES ENTREPRISES, CREANCE DETENUE PAR LES BANQUES ET LES MENAGES-EPARGNANTS. CETTE APPROCHE SOULIGNE LE ROLE FONDAMENTAL DE L'INVESTISSEMENT DANS LA CROISSANCE ECONOMIQUE ET ATTRIBUE LES FLUCTUATIONS ECONOMIQUES AU COMPORTEMENT DES ENTREPRISES ET DES BANQUES FACE A L'INCERTITUDE DE L'AVENIR.
Author: Xavier Bitemo Ndiwulu
Publisher:
ISBN:
Category :
Languages : fr
Pages : 242
Get Book Here
Book Description
On assiste ces dernières années à un renouvellement de l’analyse de l’investissement en capital fixe des entreprises par la prise en compte de l’incertitude qui caractérise toute décision d’investir. Ces études sur l’accumulation du capital en environnement incertain ignorent cependant le rôle des imperfections des marchés financiers et, donc, des contraintes financières. Tenant compte de cette limite, l’objectif de ce travail est d’analyser l’incidence de l’incertitude sur l’investissement en présence des difficultés financières. Pour atteindre cet objectif, nous proposons, en premier lieu, un modèle théorique d’investissement qui tient compte de l’interaction entre l’incertitude et les contraintes de financement. En second lieu, les implications de ce modèle sont vérifiées en procédant à une analyse économétrique utilisant des données d’entreprises et basée sur un modèle Probit pour la décision d’investir et sur un modèle d’accélérateur flexible pour les dépenses en capital. Les résultats obtenus montrent que, d’une part, l’incertitude exerce un effet négatif important sur l’investissement lorsque ce dernier est irréversible et, d’autre part, la contrainte financière exacerbe l’incidence négative du risque sur l’accumulation du capital. L’implication de ces résultats en matière de politique économique est que les mesures de stabilisation, et spécialement leur crédibilité, sont essentielles pour encourager l’investissement car elles permettent de réduire l’imprévisibilité de la demande et, de manière indirecte, les contraintes financières.
Author: Charles R. Plott
Publisher: Elsevier
ISBN: 0444826424
Category : Business & Economics
Languages : en
Pages : 1175
Get Book Here
Book Description
While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.
Author: Nicolas Jacquemet
Publisher: Cambridge University Press
ISBN: 1108660495
Category : Business & Economics
Languages : en
Pages : 475
Get Book Here
Book Description
Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.
Author: Luigino Bruni
Publisher: Edward Elgar Publishing
ISBN: 1783471174
Category : Business & Economics
Languages : en
Pages : 549
Get Book Here
Book Description
Offering a thorough assessment of recent developments in the economic literature on happiness and quality of life, this major research Handbook astutely considers both methods of estimation and policy application. Luigino Bruni and Pier Luigi Porta’s refreshing, and constructively critical, approach emphasizes the subject’s integral impact on latter-day capitalism. Expert contributors critically present in-depth research on a wide range of topics including: • the history of the idea of quality of life and the impact of globalization • links between happiness and health • comparisons between hedonic and eudaimonic well-being • the relational and emotional side of human life, including subjective indicators of well-being • genetic and environmental contributions to life satisfaction • the impact of culture, fine arts and new media. Accessible and far-reaching, the Handbook of Research Methods and Applications in Happiness and Quality of Life will prove an invaluable resource for students and scholars of welfare and economics as well as practicing psychologists and researchers.
Author: Itay Goldstein
Publisher:
ISBN: 9781680830842
Category : Business & Economics
Languages : en
Pages : 80
Get Book Here
Book Description
In this monograph, we review three branches of theoretical literature on financial crises. The first deals with banking crises originating from coordination failures among bank creditors. The second deals with frictions in credit and interbank markets due to problems of moral hazard and adverse selection. The third deals with currency crises. We discuss the evolutions of these branches in the literature, and how they have been integrated recently to explain the turmoil in the world economy during the East Asian crises and in the last few years. We discuss the relation of the models to the empirical evidence and their ability to guide policies to avoid or mitigate future crises.
Author: Catherine Barnard
Publisher: Bloomsbury Publishing
ISBN: 184731869X
Category : Law
Languages : en
Pages : 337
Get Book Here
Book Description
The Cambridge Yearbook of European Legal Studies provides a forum for the scrutiny of significant issues in EU Law, the law of the European Convention on Human Rights, and Comparative Law with a 'European' dimension, and particularly those issues which have come to the fore during the year preceding publication. The contributions appearing in the collection are commissioned by the Centre for European Legal Studies (CELS) Cambridge, a research centre in the Law Faculty of the University of Cambridge specialising in European legal issues. The papers presented are at the cutting edge of the fields which they address, and reflect the views of recognised experts drawn from the University world, legal practice, and the institutions of both the EU and its Member States. Inclusion of the comparative dimension brings a fresh perspective to the study of European law, and highlights the effects of globalisation of the law more generally, and the resulting cross fertilisation of norms and ideas that has occurred among previously sovereign and separate legal orders. The Cambridge Yearbook of European Legal Studies is an invaluable resource for those wishing to keep pace with legal developments in the fast moving world of European integration. INDIVIDUAL CHAPTERS Please click on the link below to purchase individual chapters from Volume 13 through Ingenta Connect: www.ingentaconnect.com SUBSCRIPTION TO SERIES To place an annual online subscription or a print standing order through Hart Publishing please click on the link below. Please note that any customers who have a standing order for the printed volumes will now be entitled to free online access. www.hartjournals.co.uk/cyels/subs Editorial Advisory Board: Albertina Albors-Llorens, John Bell, Alan Dashwood, Simon Deakin, David Feldman, Richard Fentiman, Angus Johnston, John Spencer Founding Editors: Alan Dashwood and Angela Ward Ius Commune Prize 2012 Alexandre Saydé wrote Chapter 15 in this volume entitled: 'One Law, Two Competitions: An Enquiry into the Contradictions of Free Movement Law' and we are delighted to announce that he has been awarded the Ius Commune Prize 2012.
Author: Saul Estrin
Publisher: Bloomsbury Publishing
ISBN: 1349240028
Category : Business & Economics
Languages : en
Pages : 412
Get Book Here
Book Description
Intellectual advances in economics often come from debates that have been long forgotten but which offer context, depth and clarity to contemporary study. Essential Readings in Economics makes available in a single volume some of the seminal papers in the areas of microeconomics and macroeconomics for intermediate courses in economic principles. The readings are organised in two groups: Microeconomics and Macroeconomics. Part 1 looks at topics ranging from 'The Theory of Demand' and 'The Firm and Supply' to 'The Economics of Uncertainty and Information'. In Part 2 the wide ranging debates over the last 55 years are illustrated with contributions from Keynes, Friedman, Phillips and other leading Economists. This vigorous and accessible collection of readings is intended to supplement and extend the understanding students could obtain from conventional introductory textbooks.
Author: Bergstrom
Publisher: McGraw-Hill Europe
ISBN: 9780072295191
Category :
Languages : en
Pages : 336
Get Book Here
Book Description
Contains economic experiments designed for students who have not taken any economics. This book supplements any microeconomics text, is used by itself to teach principles. It includes features such as: a chapter on public goods; a chapter on network externalities; concepts of economic principles; problems and tie-ins to economics; and more.
