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The Research in Market Finance

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  • Didier Davydoff

Abstract

[eng] Promoting research in finance contributes to making financial places attractive. Comparing French research in finance with the American and British ones shows that France has a research of quality, capable of mobilising sophisticated mathematical and statistical tools. But French research is dependent - as actually most of the world’s research - on dissemination and evaluation networks based in the United States. The selection process of American reviews and conferences, though it may be contested, gives American researchers the advantage of organising a true market for research productions and thus to facilitate their financing. But the influence of this market goes beyond American borders. French research, in addition, is affected by specific shortcomings : the excessive segmentation of its branches, the lack of financial incentives for researchers and of financial means for research laboratories. Paris, as a financial center, could contribute to solving these two shortcomings. . JEL Classification : A23

Suggested Citation

  • Didier Davydoff, 2000. "The Research in Market Finance," Revue d'Économie Financière, Programme National Persée, vol. 57(2), pages 199-213.
    • Handle: RePEc:prs:recofi:ecofi_1767-4603_2000_num_57_2_4738
    DOI: 10.3406/ecofi.2000.4738
    Note: DOI:10.3406/ecofi.2000.4738
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    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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