Faculté des Sciences, des Technologies et de Médecine
Faculté de Droit, d’Économie et de Finance
Faculté des Sciences Humaines, des Sciences de l’Éducation et des Sciences Sociales
Interdisciplinary Centre for Security, Reliability and Trust
Luxembourg Centre for Systems Biomedicine
Luxembourg Centre for Contemporary and Digital History
Luxembourg Centre for European Law
Luxembourg Centre for Socio-Environmental SystemsOrganisation : Faculté de Droit, d’Économie et de Finance (FDEF)
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Events
Capitalists in the Twenty-First Century
En savoir plusHave passive rentiers replaced the working rich at the top of the U.S. income distribution? Using administrative data linking 10 million firms to their owners, this paper shows that private business owners who actively manage their firms are key for top income inequality. Private business income accounts for most of the rise of top incomes…
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Events
Lunchseminar in Economics: Demand and Welfare Analysis in Discrete Choice Models under Social Interactions
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Lunchseminar in Economics: Who Joins a Startup? Ability, Preferences, and Entrepreneurial Human Capital
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The Judicial Power of Africa’s Supranational Courts / Le pouvoir judiciaire des cours supranationales d’Afrique
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Supply chain financial analysis, executive education
En savoir plusOverviewThis workshop bridges the gap between finance and supply chain by demonstrating how supply chain actions affect the income statement and the balance sheet—two key financial statements—and showing how supply chain decisions can be translated into financial metrics.
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Lunchseminar in Economics: The Detrimental Effect of Job Protection on Employment: Evidence from France
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A Tale of Two Premiums: The Role of Hedgers and Speculators in Commodity Futures Markets
En savoir plusAbstractThis paper studies the dynamic interaction between the netpositions of commercial hedgers and non-commercialspeculators and risk premiums in commodity futures markets.Short-term position changes are mainly driven by the liquiditydemands of non-commercial traders, while long-term variationis primarily driven by the hedging demands from commercialtraders. These two components influence expected futuresreturns with opposite signs. The gains from…
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Arbitrage Free Dispersion
En savoir plusAbstractWe develop a theory of arbitrage-free dispersion (AFD) thatcharacterizes the testable restrictions of asset pricing models.AFD measures Jensen’s gap in the cumulant generating functionof pricing kernels and returns. It implies a wide family of modelfreedispersion constraints, which extend dispersion and codispersionbounds in the literature and are applicable with aunifying approach in multivariate and multiperiod settings.Empirically,…
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La réforme du droit du divorce et de l’autorité parentale
En savoir plusColloqueLe 14 juin dernier, la Chambre des Députés a adopté la loi réformant le divorce en instaurant un juge aux affaires familiales, et cette loi entrera en vigueur le 1er novembre prochain. Après plus de dix ans, la mesure symbolique de l’abandon du divorce pour faute est donc actée. Mais la réforme est beaucoup plus…