Cambridge Paper

Volume 2, Number 4 -Fall 1988- Pages 121 -126 Why Financial Structure Matters Joseph E. Stiglitz he 1958 paper by Franco Modigliani and Merton Miller has been justly hailed as a landmark in the modern theory of finance. What has not been sufficiently emphasized is the importance of the paper to the development of economic theory and practice. Indeed, it is ironic that a paper which purportedly established that one need not pay any attention to financial structure-that financial structure

dans des indicateurs synthétiques. 36 Guichard et Turner (2008), IMF (2008) et Swiston (2008). 22 Références bibliographiques -Altunbas Y., L. Gambacorta & D. Marquès (2007) : « Securitisation and the bank lending channel », ECB Working Paper n°838. -Ashcraft A. (2006) : « New evidence on the lending channel », Journal of Money, Credit and Banking, vol.38 n°3, pp. 751-775. -Aviat A., J-C Bricongne et P-A Pionnier (2007) : « Richesse patrimoniale et consommation : un lien ténu en France

solving equations? What are the different cognitive processes involved in the solving of algebraic problem in general and equation in particular? Is it a question of intelligence,understanding or predisposition? The aim of this paper will be to show the different cognitive processes in equation solving by students which can be linked to their ability to successfully solve ornot equation as well as real life problem solving in general. 1- REVIEW OF LITERATURE In

Policy correspondence between Staline and Molotov and other Politburo Members, Sept. 1945 – Dec. 1946, CWIHP Working Papers n°26, 1999, et Vladislav Zubok et Constantine Pleshakov, Inside the Kremlin’s Cold War : from Stalin to Khrushchev, Cambridge, Cambridge University Press, 1996 et celle de Vojtech Mastny, The Cold War and Soviet Insecurity, New York, Oxford University Press, 1996. 9 Melvyn Leffler, article cité, p. 513. 7 -3- Justine Faure, « De la Grande Alliance à l’affrontement armé

Reintegration, Cambridge, Cambridge University Press, 1989. > Stéphane Leman-Langlois, “Constructing a Common Language: The Myth of Nuremberg in The Problematization of Post-Apartheid Justice”, Law and Social Inquiry, 27 (1), 2002, p. 79-100. > Martha Minow, Between Vengeance and Forgiveness: Facing History after Genocide and Mass Violence, Boston, Beacon Press, 1998. > South African Truth and Reconciliation Commission (TRC), The Report of the Truth and Reconciliation Commission (paper edition), Cape

comment est-il possible de parvenir à des jugements agrégés et incontestables au niveau de la société (par exemple au sujet du « bien-être social » ou de « l’intérêt public » ou « du taux de pauvreté »), étant * The Master’s Lodge, Trinity College, Cambridge, CB2 ITQ, Angleterre. Pour leurs commentaires et suggestions utiles, je suis particulièrement reconnaissant envers Sudhir Anand, Kenneth Arrow, Tony Atkinson, Emma Rothschild et Kotaro Suzumura. J’ai également tiré profit de discussions avec Amiya

d’Analyse Economique to produce a report on Education and Growth. We thank Jess Benhabib, Daniel Cohen, Elie Cohen, Mathias Dewatripont, Xavier Gabaix, Elhanan Helpman, Jean Pisani-Ferry, Chris Udry and Laura Valderrama for very helpful comments. The paper also benefited from the feedback of seminar participants at Fédération Paris-Jourdan, Harvard University, Universitat de Barcelona, UCL, UQAM, Yale University, the January 2004 AEA meetings in San Diego and the Januray 2004 PAI conference on higher

views on the extent of these costs and benefits, and therefore, especially on the question whether to join the EMU or not. The aim of this paper is to analyse the key issues surrounding the EMU, positively as well as negatively. The case for or against the EMU requires a careful analysis of the economic pros and cons at both national and firms level. In this paper, we will demonstrate that the pros mainly address ……. while cons refer to ….. we will conclude • Only a more integrated

comprenant les pays suivants: Allemagne (République Fédérale à partir de 1949/51), Belgique, Danemark, France, Norvège, Pays-Bas, Royaume-Uni, Suède et Suisse. SOURCES: D'après MITCHELL, B.R. et DEANE, P., Abstract of British Historical Statistics, Cambridge 1962. Partie rétrospective internationale de l'Annuaire statistique de la France. NATIONS UNIES, Population and Vital Statistics Report, New York, diverses livraisons; et Bulletin mensuel de statistique, New York, diverses livraisons. Tableau

Paris JODELET Denise : 1989 Les Représentations Sociales. Paris. Presses Universitaires de France. Métaphore et communication pédagogique. (G. PIROTTON) - 11 - JOHNSON-LAIRD Philip : 1983 Mental Models . University Press Ed. Cambridge MORIN Edgar : 1990 Introduction à la pensée complexe. Ed ESF, Coll. Communication et complexité. Paris MOSCOVICI Serge : 1961 La psychanalyse, son image et son public. Paris, Presses Universitaires de France NOEL Bernadette : 1991 La métacognition