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French Model (french + model)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting50%

Selected Abstracts

Melville and Balzac: Pierre's French Model

LEVIATHAN, Issue 1 2000
JOHN HAYDOCK
[source]

Anomalies and stock returns: Australian evidence

ACCOUNTING & FINANCE, Issue 3 2009
Philip Gharghori
G12; G14 Abstract Prior research has identified the existence of several cross-sectional patterns in equity returns, commonly referred to as effects. This paper tests for the existence of a number of well-known effects using data from the Australian equities market. Specifically, we investigate the size effect, book-to-market effect, earnings-to-price effect, cashflow-to-price effect, leverage effect and the liquidity effect. An additional aim of this paper is to investigate the capability of the Fama,French model in explaining any observed effects. We document a size, book-to-market, earnings-to-price and cashflow-to-price effect but fail to find evidence of a leverage or liquidity effect. Although our findings indicate that the Fama,French model can partially explain some of the observed effects, we conclude that its performance is less than satisfactory in Australia. [source]

Financial Compensation for Victims of Catastrophes: A Law and Economics Perspective

LAW & POLICY, Issue 3 2007
MICHAEL G. FAURE
This article examines the various approaches legislators may use to compensate victims of catastrophes. Traditional law and economics of insurance literature, with respect to government relief and insurance solutions towards financial compensation, is used to analyze (highly diverging) approaches in Europe and the United States. First, the importance of liability (insurance) is discussed in cases where a liable injurer can be identified; second, the possibilities of first-party insurance are examined, whereby various regulatory solutions (particularly the French model of providing mandatory coverage for catastrophes) is critically discussed. The (first-party) insurance solution is compared with public intervention, and a distinction is made between ad hoc government relief on an ex-post basis and structural compensation funds. The solutions applied and discussed in many countries are critically analyzed for their ability to provide adequate compensation at low costs and their effects on incentives for prevention and for developing private (insurance) solutions. [source]

The French food-processing model: High relative wages and high work intensity

INTERNATIONAL LABOUR REVIEW, Issue 4 2009
Ève CAROLI
Abstract. The authors examine wages and working conditions in meat processing and confectionery in France. Working there may not require much skill, or command good wages and working conditions, but this article reveals a more complex, positive situation than expected, thanks to the "French model's" national minimum wage and the extension of collective wage agreements to all workers in the sector. But pressures to lower labour costs are still felt, and the firms examined must meet pressures to increase productivity, flexibility and automation. Moreover, retail chains also seek to lower prices and impose just-in-time production. [source]