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    Technology Shocks, Directed Technical Progress and Climate Change

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    Technical progress is considered a key element in the ght against climate change. It may take the form of technological breakthroughs, that is, shocks that induce signicant leaps in the stock of knowledge. We use an endogenous growth framework with directed technical change to analyze the climate impact of such shocks. Two production subsectors coexist: one subsector is fossil-based, using a non-renewable resource, and yields carbon emissions; the other subsector uses a clean, renewable resource. At a given date, the economy benets from an exogenous technology shock. We fully characterize the general equilibrium and analyze how the shock modies the economys trajectory. The overall e¤ect on carbon emissions basically depends on the substitutability between the production subsectors, the initial state of the economy, and the nature and size of the shock. We notably show that green technology shocks induce higher short-term carbon emissions when the two subsectors are gross complements, but also in numerous cases when they are gross substitutes

    Water pricing and markets: Principles, practices and proposals

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    The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles needed for best practice water pricing and water markets, describe differences across regions, and provide six key water demand governance recommendations, for both Global North and Global South countries

    Le cumul de la responsabilité d’un gérant de SARL relative aux conventions réglementées et de celle ayant trait aux fautes de gestion (Cass. com., 18 décembre 2024, n° 22-21.487)

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    La possibilité, prévue à l'article L. 223-19, alinéa 4, du Code de commerce, de mettre à la charge du gérant les conséquences préjudiciables à la société des conventions réglementées non approuvées n'est pas exclusive de la mise en jeu de sa responsabilité sur le fondement de l'article L. 223-22 du même code, que ces conventions aient ou non été approuvées. Une cour d’appel qui a constaté l’existence d’un préjudice doit procéder à son évaluation, au besoin en ordonnant un complément d’expertise

    Political Accountability with Outsiders

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    We present a moral hazard model of electoral accountability that challenges the common view of the populist vote as mere frustration with the elite. Rational voters use the threat of electing outsiders to incentivize more competent insiders whose policy preferences diverge from those of voters. Their optimal retention strategy involves differentiated punishment for failing incumbents, replacing them either with other elite politicians or with outsiders. The latter only occurs when the incumbent’s policy is both perceived as a failure and as benefiting the elite. This strategic voting behavior explains why outsider electoral success is often volatile: rational voters may back an outsider in one election and an establishment candidate in another, without changing their fundamental preferences

    Bulletin annuel de la Chaire EDIHL (European Digital Health Law) (2024-2025)

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    L’objet de ce bulletin qui porte sur le droit européen du numérique en santé est de suivre, au cours des trois années de la chaire Jean Monnet « EDIHL » (European Digital Health Law) dont N De Grove Valdeyron est titulaire (2023-2026), l’activité législative, mais le cas échéant aussi contentieuse, de la construction de ce droit. Ce deuxième bulletin, coordonné par Claire BORIES, docteure en droit, spécialisée en droit de l’Union européenne, couvre la période de juin 2024 à juin 2025. Il témoigne de la place importante qu’occupe désormais ce droit naissant. Les trois bulletins annuels feront l'objet d'un ouvrage publié en ligne sur le site de la chaire( https://irdeic.ut-capitole.fr/accueil/chaire-jean-monnet/chaire-jean-monnet-2023-2026/publications-de-la-chaire) et sur le site de la Commission européenne en tant que livrable de la chaire

    Distribution de dividendes : où en est-on ?

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    Préface

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    Préface de l'ouvrage La Convention européenne des droits de l'homme

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