Zobrazeno 1 - 10
of 15
pro vyhledávání: '"Régis Breton"'
Publikováno v:
Revue Economique
Revue Economique, Presses de Sciences Po, 2017, Varia, 68 (6), pp.1033-1062. ⟨10.3917/reco.pr2.0103⟩
Revue Economique, Presses de Sciences Po, 2017, Varia, 68 (6), pp.1033-1062. ⟨10.3917/reco.pr2.0103⟩
International audience; L'article vérifie dans quelle mesure l'intensité de la relation entre une firme et un analyste financier améliore ou dégrade la précision des prévisions produites par cet analyste sur cette firme. A partir d'un échantil
Publikováno v:
International Economic Review
International Economic Review, 2019, 60 (2), ⟨10.1111/iere.12373⟩
International Economic Review, 2019, 60 (2), ⟨10.1111/iere.12373⟩
We build a symmetric two‐country monetary model with credit to study the interplay between currency integration and credit markets integration. The currency arrangement affects credit availability through default incentives. We capture credit marke
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2241523d1acd14a4c58e2a3f4d00d1c4
https://hal.archives-ouvertes.fr/hal-02313956/document
https://hal.archives-ouvertes.fr/hal-02313956/document
This paper analyzes a two-country model of currency, banks and endogenous default to study whether impediments to credit market integration across jurisdictions impact the desirability of a currency union. We show that when those impediments induce a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::257f0a41825fb47a620c2abae0899d93
https://hal.archives-ouvertes.fr/hal-01685893/file/DT-450_01.pdf
https://hal.archives-ouvertes.fr/hal-01685893/file/DT-450_01.pdf
Autor:
Jung-Hyun Ahn, Régis Breton
Publikováno v:
Journal of Banking and Finance
Journal of Banking and Finance, Elsevier, 2014, Vol. 40, pp 195-210. ⟨10.1016/j.jbankfin.2013.11.023⟩
Journal of Banking and Finance, Elsevier, 2014, Vol. 40, pp 195-210. ⟨10.1016/j.jbankfin.2013.11.023⟩
International audience; We analyze the impact of loan securitization on competition in the loan market. Using a dynamic loan market competition model where borrowers face both exogenous and endogenous costs to switch between banks, we uncover a compe
With the Euro Area context in mind, we show that currency arrangements impact on credit available through default incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. Differences in credit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6481f359568d414b8dc8c9431331e8cc
https://publications.banque-france.fr/sites/default/files/medias/documents/working-paper_541_2015.pdf
https://publications.banque-france.fr/sites/default/files/medias/documents/working-paper_541_2015.pdf
Autor:
Régis Breton, Vincent Bignon
Publikováno v:
Revue d'Economie Politique
Revue d'Economie Politique, Dalloz, 2001, n°111 (n°3), pp.401-422
Revue d'Economie Politique, 2001, n°111 (n°3), pp.401-422
Revue d'Economie Politique, Dalloz, 2001, n°111 (n°3), pp.401-422
Revue d'Economie Politique, 2001, n°111 (n°3), pp.401-422
We present a model in which intermediaries that compete with a search market emerge. Agents are heterogenous vis à vis a production cost. They are allowed to choose both their economic activity, becoming a producer or a middleman, and their transact
Autor:
Régis Breton, Bertrand Gobillard
We propose an approach to restricting the set of equilibria in a market game and use it to assess the robustness of the price dispersion results obtained by Koutsougeras [2003, J. Econ. Theory 108, 169–175] in the multiple trading posts setup. More
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::1bc762dbb429bab8d498fd509c350927
http://www.tse-fr.eu/sites/default/files/medias/doc/wp/et/wp_tse_308.pdf
http://www.tse-fr.eu/sites/default/files/medias/doc/wp/et/wp_tse_308.pdf
Publikováno v:
SSRN Electronic Journal.
We analyze the determinants of financial analysts' forecast accuracy. The empirical literature has enlightened variables related to analysts, to firms or both, in explaining the magnitude of forecast accuracy. But this literature does not explain in
Autor:
Jung-Hyun Ahn, Régis Breton
Publikováno v:
Revue Economique
Revue Economique, Presses de Sciences Po, 2010, Vol. 61, n° 3, pp. 431-440. ⟨10.3917/reco.613.0431⟩
Revue Economique, Presses de Sciences Po, 2010, Vol. 61, n° 3, pp. 431-440. ⟨10.3917/reco.613.0431⟩
Cet article analyse l'impact de la titrisation dans un modèle de concurrence bancaire à plusieurs périodes. Nous montrons en particulier que l'adoption du modèle originate-to-distribute peut induire une baisse de l'efficience du marché du crédi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e932ddd9591cc155e6e7dcccacb52575
https://hal.archives-ouvertes.fr/hal-00553734
https://hal.archives-ouvertes.fr/hal-00553734