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Content
2003
- 3954 The Manufacturer's Suggested Retail Price
by Rosenkranz, Stephanie
- 3953 Informative Advertising and Product Differentiation
by Vettas, Nikolaos & Christou, Charalambos
- 3952 Foreign Ownership and Corporate Income Taxation: An Empirical Evaluation
by Huizinga, Harry & Nicodème, Gaëtan
- 3951 R&D Cooperation Between Firms and Universities: Some Empirical Evidence from Belgian Manufacturing
by Veugelers, Reinhilde & Cassiman, Bruno
- 3950 Aging Population and Education Finance
by Gradstein, Mark & Kaganovich, Michael
- 3949 Recursive Preferences and Balanced Growth
by Farmer, Roger & Lahiri, Amartya
- 3948 Careerist Judges
by Levy, Gilat
- 3947 It Takes Two: An Explanation of the Democratic Peace
by Levy, Gilat & Razin, Ronny
- 3946 Does 'Non-Committed' Government Always Generate Lower Social Welfare then its 'Committed' Counter-Part
by Zigic, Kresimir
- 3945 Bureaucracy as a Mechanism to Generate Information
by Zingales, Luigi & Novaes, Walter
- 3944 Accession to the WTO and EU Enlargement: What Potential for Trade Increase?
by Maurel, Mathilde & Koukhartchouk, Oxana
- 3943 Efficient Pricing of Large Value Interbank Payment Systems
by Rochet, Jean Charles & Holthausen, Cornelia
- 3942 Foreclosure with Incomplete Information
by White, Lucy
- 3941 Overconfidence and Trading Volume
by Weber, Martin & Glaser, Markus
- 3940 A Product Market Theory of Worker Training
by Gersbach, Hans & Schmutzler, Armin
- 3939 Government Finance in the Wake of Currency Crises
by Eichenbaum, Martin & Rebelo, Sérgio & Burnside, Craig
- 3938 Understanding the Opportunistic Approach to Disinflation
by Minford, Patrick & Srinivasan, Naveen
- 3937 Francs or Ranks? Earnings Mobility in France, 1967-1999
by Fields, Gary S & Buchinsky, Mosche & Kramarz, Francis & Fougère, Denis
- 3936 Wages and International Trade
by Kramarz, Francis
- 3935 Surviving a Standards War: Lessons Learned from the Life and Death of DIVX
by Gandal, Neil & Dranove, David
- 3934 Taylor Rules and the Predictability of Interest Rates
by Vredin, Anders & Söderlind, Paul & Söderström, Ulf
- 3933 Fiscal Policy and Monetary Integration in Europe
by GalÃ, Jordi & Perotti, Roberto
- 3932 Globalization and Dirty Industries: Do Pollution Havens Matter?
by de Melo, Jaime & Grether, Jean-Marie
- 3931 How Binding are Legal Limits? Transitions from Temporary to Permanent Work in Spain
by Petrongolo, Barbara & Güell, Maia
- 3930 Reconciling Stability and Growth: Smart Pacts and Structural Reforms
by Beetsma, Roel & Debrun, Xavier
- 3928 Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability
by Benhabib, Jess & Uribe, MartÃn & Schmitt-Grohé, Stephanie
- 3927 Asset Prices and Business Cycles with Costly External Finance
by Yaron, Amir & Gomes, Joao & Zhang, Lu
- 3926 The Effects of Employment Protection: Learning from Variable Enforcement
by Jimeno, Juan Francisco & Boeri, Tito
- 3925 Policy Interaction, Expectation and Liquidity Trap
by Honkapohja, Seppo & Evans, George W.
- 3924 Families as Shocks
by Cubeddu, Luis
- 3923 Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem
by Driffill, John & Rotondi, Zeno
- 3922 Job Search with Nonparticipation
by van der Klaauw, Bas & Frijters, Paul
- 3921 The Effect of Financial Rewards on Students' Achievements: Evidence from a Randomized Experiment
by Oosterbeek, Hessel & van der Klaauw, Bas & Leuven, Edwin
- 3920 Optimal State-Contingent Regulation under Limited Liability
by Gary-Bobo, Robert J. & Spiegel, Yossi
- 3919 Business Cycles with Free Entry Ruled by Animal Spirits
by Lloyd-Braga, Teresa & Dos Santos Ferreira, Rodolphe
- 3918 The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks
by Kilian, Lutz & Manganelli, Simone
- 3917 Loan Pricing Under Basel Capital Requirements
by Repullo, Rafael & Suarez, Javier
- 3916 Incentives and Invention in Universities
by Schankerman, Mark & Lach, Saul
- 3915 Financial Distress and Bank Restructuring of Small to Medium Size UK Companies
by Franks, Julian & Sussman, Oren
- 3914 The Political Economy of Bank and Equity Dominance
by von Thadden, Ernst-Ludwig & Perotti, Enrico
- 3913 International Unions
by Alesina, Alberto & Angeloni, Ignazio & Etro, Federico
- 3912 The Dynamics of Local Employment in France
by Magnac, Thierry & Combes, Pierre-Philippe & Robin, Jean-Marc
- 3911 Representative versus Direct Democracy: The Role of Informational Asymmetries
by Kessler, Anke
- 3910 The Euro is Good After All: Evidence from Corporate Valuations
by Bris, Arturo & Koskinen, Yrjö & Nilsson, Mattias
- 3909 The Monetary Consequences of A Free Trade Area of the Americas
by Eichengreen, Barry & Taylor, Alan M.
- 3908 Understanding Reserve Volatility in Emerging Markets: A Look at the Long-Run
by Fischer, Andreas & Demarmels, Ricarda
- 3907 Delegated Job Design
by Hvide, Hans K. & Kaplan, Todd
- 3906 Teen Births Keep American Crime High
by Hunt, Jennifer
- 3905 Household Labour Supply and Welfare Participation in Sweden
by Flood, Lennart & Hansen, Jörgen & Wahlberg, Roger
- 3904 On the Trend Recognition and Forecasting Ability of Professional Traders
by Weber, Martin & Glaser, Markus & Langer, Thomas
- 3902 The Elusive Gains from International Financial Integration
by Jeanne, Olivier & Gourinchas, Pierre-Olivier
- 3901 Insisting on a Non-negative Price: Oligopoly, Uncertainty, Welfare and Multiple Equilibria
by Lagerlof, Johan
- 3900 The Price of Future Liquidity: Time-Varying Liquidity in the US Treasury Market
by Goldreich, David & Hanke, Bernd & Nath, Purnendu
- 3899 Taylor Rules in Practice: How Central Banks can Intercept Sunspot Expectations
by Weder, Mark
- 3898 Money and the Transmission Mechanism in the Optimizing IS-LM Specification
by Nelson, Edward
- 3897 The Future of Monetary Aggregates in Monetary Policy Analysis
by Nelson, Edward
- 3896 The Macroeconomics of Early Retirement
by Galasso, Vincenzo & Conde-Ruiz, José Ignacio
- 3895 The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan
by Coenen, Günter & Wieland, Volker
- 3894 Exchange Rate Pass-Through in Candidate Countries
by Coricelli, Fabrizio & Jazbec, Boštjan & Masten, Igor
- 3893 Leading Indicators for Euro Area Inflation and GDP Growth
by Banerjee, Anindya & Marcellino, Massimiliano & Masten, Igor
- 3892 Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero
by Coenen, Günter & Orphanides, Athanasios & Wieland, Volker
- 3891 The Determinants of Employee Crime in the UK
by Witt, Robert & Rickman, Neil
- 3890 Are Household Portfolios Efficient? An Analysis Conditional on Housing
by Weber, Guglielmo
- 3889 Cross-Country Determinants of Mergers and Acquisitions
by Volpin, Paolo & Rossi, Stefano
- 3888 Strategic Choice of Financing Systems in Regulated and Interconnected Industries
by Pouyet, Jérôme & Bassanini, Anna
- 3887 Monetary-Fiscal Mix and Inflation Performance: Evidence from the US
by Favero, Carlo A. & Monacelli, Tommas
- 3886 Citizen Candidacy with Asymmetric Information
by Sand-Zantman, Wilfried & Casamatta, Georges
- 3885 On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates
by Casamatta, Georges & De Donder, Philippe
- 3884 Are we Better Off if our Politicians Have More Information?
by Lagerlof, Johan
- 3883 Freidman's Money Supply Rule versus Optimal Interest Rate Policy
by Honkapohja, Seppo & Evans, George W.
- 3882 The New Comparative Economics
by Djankov, Simeon & Glaeser, Edward & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei
- 3881 Tax Incentives to Saving and Borrowing
by Jappelli, Tullio & Pistaferri, Luigi
- 3880 The Political Economy of European Merger Control: Evidence Using Stock Market Data
by Neven, Damien & Röller, Lars-Hendrik & Duso, Tomaso
- 3879 The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001
by Eijffinger, Sylvester & Beugelsdijk, Maaike
- 3878 An Equilibrium Approach to International Merger Policy
by Cabral, Luis
- 3877 Trade, Wages and the Political Economy of Trade Protection: Evidence from the Colombian Trade Reforms
by Goldberg, Pinelopi & Pavcnik, Nina
- 3876 Airbus versus Boeing Revisited: International Competition in the Aircraft Market
by Irwin, Douglas & Pavcnik, Nina
- 3875 The Role of Human Capital Investments in the Location Decisions of Firms
by Matouschek, Niko & Robert-Nicoud, Frédéric
- 3874 The Response of the Informal Sector to Trade Liberalization
by Goldberg, Pinelopi & Pavcnik, Nina
- 3873 How do Firms Agglomerate? A Study of FDI in France
by Mucchielli, Jean-Louis & Mayer, Thierry & CROZET, Matthieu
- 3872 Information Diffusion in International Markets
by Olarreaga, Marcelo & Izquierdo, Alejandro & Morisset, Jacques
- 3871 Employment Protection and Globalization in Dynamic Oligopoly
by Leahy, Dermot & Dewit, Gerda & Montagna, Catia
- 3870 Fatal Attraction
by MacDonald, Ronald & Bayoumi, Tamim & Kumar, Manmohan & Fazio, Giorgio
- 3869 Deflation: Prevention and Cure
by Buiter, Willem
- 3868 Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labour Income Risk
by Michaelides, Alexander & Gomes, Francisco
- 3867 Learning and Syndication in Venture Capital Investments
by Haritchabalet, Carole & Casamatta, Catherine
- 3866 Endogenous Policy Leads to Inefficient Risk-Sharing
by Celentani, Marco & Desmet, Klaus & Conde-Ruiz, José Ignacio
- 3865 Banks and Markets: the Changing Character of European Finance
by Rajan, Raghuram & Zingales, Luigi
- 3864 Entrepreneurs and New Ideas
by Perotti, Enrico & Biais, Bruno
- 3863 Education, Growth and Income Inequality
by Teulings, Coen & van Rens, Thijs
- 3862 Paying for Performance: The Effect of Teachers' Financial Incentives on Students' Scholastic Outcomes
by Lavy, Victor
- 3861 How Large are Search Frictions?
by Teulings, Coen & Gautier, Pieter
- 3860 Is Strong Reciprocity a Maladaption? On the Evolutionary Foundations of Human Altruism
by Fehr, Ernst & Henrich, Joseph
- 3859 The Wrong Kind of Transparency
by Prat, Andrea
- 3858 A Nationwide Laboratory Examining Trust and Trustworthiness by Integrating Behavioural Experiments into Representative Surveys
by Fehr, Ernst & Wagner, Gert Georg & Fischbacher, Urs & von Rosenbladt, Bernhard & Schupp, Jürgen
- 3857 Decentralization and Political Institutions
by Zhuravskaya, Ekaterina & Enikolopov, Ruben
- 3856 Prisoners' Other Dilemma
by Spagnolo, Giancarlo & Blonski, Matthias
- 3855 Opportunistic Political Cycles: Test in a Young Democracy Setting
by Zhuravskaya, Ekaterina & Akhmedov, Akhmed & Ravichev, Alexey
- 3854 Monopoly Rights can Reduce Income Big Time
by Herrendorf, Berthold & Teixeira, Arilton
- 3853 What are Falling Transport Costs doing to Spatial Concentration Across US Counties?
by Fafchamps, Marcel & Desmet, Klaus
- 3852 Optimal Financial Market Integration and Security Design
by Bisin, Alberto & Acharya, Viral
- 3851 Regulation and Investment
by Alesina, Alberto & Schiantarelli, Fabio & Ardagna, Silvia & Nicoletti, Giorgio
- 3850 Optimal Public Policy for Venture Capital Backed Innovation
by Keuschnigg, Christian
- 3849 Icelandic Fisheries Management: Fees versus Quotas
by Weitzman, Martin & Gylfason, Thorvaldur
- 3848 Aggregate Growth and the Efficiency of Labour Reallocation
by Burgess, Simon & Mawson, Daniel
- 3847 The Effect of Employment Protection on Worker Effort: A Comparison of Absenteeism During and After Probation
by Ichino, Andrea & Riphahn, Regina
- 3846 Digital Goods and the New Economy
by Quah, Danny
- 3845 Trade Liberalization and Globalization: A Survey
by Hillman, Arye L.
- 3844 Stock Prices, News and Economic Fluctuations
by Portier, Franck & Beaudry, Paul
- 3843 Which Investors Fear Expropriation? Evidence from Investors' Stock Picking
by Giannetti, Mariassunta & Simonov, Andrei
- 3842 Efficiency-Enhancing Signalling in the Samaritan's Dilemma
by Lagerlof, Johan
- 3841 On the Desirability of an Efficiency Defense in Merger Control
by Heidhues, Paul & Lagerlof, Johan
- 3840 Russia's European Economic Integration: Escapism and Realities
by Hamilton, Carl B
- 3839 Weddings with Uncertain Prospects - Mergers under Asymmetric Information
by Schmutzler, Armin & Bühler, Stefan & Borek, Thomas
- 3838 Agglomeration and Economic Geography
by Thisse, Jacques-François & Ottaviano, Gianmarco
- 3837 University Spillovers: Strategic Location and New Firm Performance
by Audretsch, David & Lehmann, Erik E & Warning, Susanne
- 3836 Infrastructure Quality in Deregulated Industries: Is there an Underinvestment Problem?
by Schmutzler, Armin & Benz, Men-Andri & Bühler, Stefan
- 3835 Determinants of Interregional Mobility in Russia: Evidence from Panel Data
by Guriev, Sergei & Andrienko, Yuri
- 3834 Clean Evidence on Peer Pressure
by Ichino, Andrea & Falk, Armin
- 3833 Export Pricing of Foreign Firms in Hungary: Estimations for 1992-96
by Halpern, László & Koren, Miklós
- 3832 Heterogeneity of Investors and Asset Pricing in a Risk-Value World
by Franke, Günter & Weber, Martin
- 3831 Changes in the Functional Structure of Firms and the Demand for Skill
by Maurin, Eric & Thesmar, David
- 3830 Changes in Job Security and their Causes: An Empirical Analysis for France, 1982-2002
by Maurin, Eric & Givord, Pauline
- 3829 Investments and Network Competition
by Valletti, Tommaso & Cambini, Carlo
- 3828 The Rise and Fall of Swiss Unemployment
by Puhani, Patrick
- 3826 The Real Effects of Investor Sentiment
by Sapienza, Paola & Polk, Christopher
- 3825 What is the Value Added by Caseworkers?
by Lechner, Michael & Smith, Jeffrey
- 3824 Price Squeezes in a Regulatory Environment
by Verboven, Frank & Bouckaert, Jan
- 3823 Export-Platform Foreign Direct Investment
by Markusen, James & Forslid, Rikard & Ekholm, Karolina
- 3822 The Origination and Evolution of Ownership and Control
by Franks, Julian & Mayer, Colin & Rossi, Stefano
- 3821 Estimating Loss Function Parameters
by Timmermann, Allan & Elliott, Graham & Komunjer, Ivana
- 3820 Benchmarking Structural Change in Transition
by Schaffer, Mark & Raiser, Martin & Schuchhardt, Johannes
- 3819 Do Oppositional Identities Reduce Employment for Ethnic Minorities?
by Zenou, Yves & Battu, Harminder & Mwale, MacDonald
- 3818 The Effects of Overcrowded Housing on Children's Performance at School
by Goux, Dominique & Maurin, Eric
- 3817 Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence
by Galor, Oded & Moav, Omer & Vollrath, Dietrich
- 3816 Compatibility Decisions, Endogenous Installed Home Bases and the Third-Market Competition
by Walz, Uwe & Woeckener, Bernd
- 3815 Compatibility Standards and Strategic Trade Policy
by Walz, Uwe & Woeckener, Bernd
- 3814 Strategic Experimentation with Exponential Bandits
by Rady, Sven & Cripps, Martin William & Keller, R Godfrey
- 3813 Using and Abusing Economic Theory
by Klemperer, Paul
- 3812 Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy
by Levin, Andrew & Coenen, Günter & Wieland, Volker
- 3811 Monetary Policy and Uncertainty about the Natural Unemployment Rate
by Wieland, Volker
- 3810 Efficient Unemployment Insurance Time Path
by Yashiv, Eran & Hadar, Yossi & Blumkin, Tomer
- 3809 On the Selection of Forecasting Models
by Kilian, Lutz & Inoue, Atsushi
- 3808 Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle?
by Bacchetta, Philippe & van Wincoop, Eric
- 3807 Geography and Export Performance: External Market Access and Internal Supply Capacity
by Venables, Anthony & Redding, Stephen
- 3806 Organized Crime, Corruption and Punishment
by Verdier, Thierry & Zenou, Yves & Kugler, Maurice
- 3805 Multinational Enterprises, International Trade and Productivity Growth: Firm-Level Evidence from the US
by Keller, Wolfgang & Yeaple, Stephen
- 3804 From Natural Resources to High-tech Production: The Evolution of Industrial Competitiveness in Sweden and Finland
by Blomström, Magnus & Kokko, Ari
- 3803 Markov Switching Causality and the Money-Output Relationship
by Ravn, Morten & Sola, Martin & Psaradakis, Zacharias
- 3802 Gross Job Flows in Ukraine: Size, Ownership and Trade Effects
by Konings, Jozef & Kupets, Olga & Lehmann, Hartmut
- 3801 Anatomy of Voting Behaviour and Attitudes During Post-Communist Transition Czech Republic 1990-98
by Fidrmuc, Jan & Doyle, Orla
- 3800 Land and Power
by Robinson, James A. & Baland, Jean-Marie
- 3799 The Credibility of the Hungarian Exchange Rate Regime 1997-98
by Szeidl, Adam
- 3798 Migration and Regional Adjustment to Asymmetric Shocks in Transition Economies
by Fidrmuc, Jan
- 3797 Public Finance and the Optimal Speed of Transition
by Castanheira, Micael
- 3796 Job Reallocation and Productivity Growth Under Alternative Economic Systems and Policies: Evidence from the Soviet Transition
by Brown, J David & Earle, John
- 3795 Portfolio Choice with Illiquid Assets
by Koren, Miklós & Szeidl, Adam
- 3794 Financial Crisis, Economic Recovery and Banking Development in Former Soviet Union Economies
by Marin, Dalia & Xu, Cheng-Gang & Huang, Haizhou
- 3793 Public Subsidies for Open Source? Some Economic Policy Issues of the Software Market
by Schmidt, Klaus & Schnitzer, Monika
- 3792 Unions and Innovation: A Survey of the Theory and Empirical Evidence
by Van Reenen, John & Menezes-Filho, Naercio
- 3791 The Economic Effects of the 1918 Influenza Epidemic
by Brainerd, Elizabeth & Siegler, Mark V
- 3790 Equilibrium Incentive Contracts
by Moen, Espen R. & Rosén, Åsa
- 3789 Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors
by Claessens, Stijn & Schmukler, Sergio & Klingebiel, Daniela
- 3788 Law Enforcement under Incomplete Law: Theory and Evidence from Financial Market Regulation
by Xu, Cheng-Gang & Pistor, Katharina
- 3787 A New Method for Estimating Public Sector Pay Premia: Evidence from Britain in the 1990's
by Disney, Richard F & Gosling, Amanda
- 3786 Evaluating the Employment Impact of a Mandatory Job Search Programme
by Blundell, Richard & Meghir, Costas & Van Reenen, John & Costa Dias, Monica
- 3785 Learning to Forget? Contagion and Political Risk in Brazil
by Miller, Marcus & Thampanishvong, Kannika
- 3784 Delay in Contests
by Bester, Helmut & Konrad, Kai A.
- 3783 The Exchange Rate and Inflation in the UK
by Nelson, Edward & Kara, Amit
- 3782 Property Crime with Private Protection: A Market-for-Offenses Approach
by van Ypersele, Tanguy & Hotte, Louis & Valognes, Fabrice
- 3781 An Anatomy of the Phillips Curve
by Snower, Dennis & Karanassou, Marika
- 3780 Interpreting European and US Labour Market Differences: The Specificity of Human Capital Investments
by Wasmer, Etienne
- 3779 Trade, Finance, Specialization and Synchronization
by Imbs, Jean
- 3778 Voting on Pensions with Endogenous Retirement Age
by Pestieau, Pierre & Cremer, Helmuth & Casamatta, Georges
- 3777 Imports, Entry and Competition Law as Market Disciplines
by Kee, Hiau Looi
- 3776 The Impact of School Inputs on Student Performance: An Empirical Study of Private Schools in the UK
by Stevens, Margaret & Graddy, Kathryn
- 3775 The Economics of Foreign Direct Investment Incentives
by Blomström, Magnus & Kokko, Ari
- 3774 On Second Price Auctions and Imperfect Competition
by Schmitz, Patrick W.
- 3773 Capital-Skill Complementarity and the Redistributive Effects of Social Security Reform
by Casarico, Alessandra & Devillanova, Carlo
- 3771 Is Aggregation a Problem for Sovereign Debt Restructuring?
by Eichengreen, Barry & Mody, Ashoka
- 3770 On the Wage Growth of Immigrants: Israel, 1990-2000
by Eckstein, Zvi & Weiss, Yoram
- 3769 International Financial Integration
by Milesi-Ferretti, Gian Maria & Lane, Philip
- 3768 EU Enlargement and Beyond: A Simulation Study on EU and CIS Integration
by Widgren, Mika & Sulamaa, Pekka
- 3767 Dynastic Management
by Caselli, Francesco & Gennaioli, Nicola
- 3766 Optimal Competition: A Benchmark for Competition Policy
by Boone, Jan
- 3764 Which International Institutions Promote International Trade?
by Rose, Andrew
- 3763 Endogenous Monetary Policy with Unobserved Potential Output
by Cukierman, Alex & Lippi, Francesco
- 3762 Human Capital and Inward FDI
by Blomström, Magnus & Kokko, Ari
- 3761 The Inflation Bias Revisited: Theory and Some International Evidence
by Cukierman, Alex & Gerlach, Stefan
- 3760 Monopoly Pricing of 'Cyclical' Goods
by Caminal, Ramon
- 3759 Common Vulnerabilities
by Taylor, Mark & Mody, Ashoka
- 3758 Is Official Exchange Rate Intervention Effective?
by Taylor, Mark
- 3757 International Capital Crunches: The Time-Varying Role of Informational Asymmetries
by Taylor, Mark & Mody, Ashoka
- 3756 Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty
by Weber, Martin & Vossman, Frank & Abdellaoui, Mohammed
- 3755 Factor Endowments and Production in European Regions
by Redding, Stephen & Vera-Martin, Mercedes
- 3754 Inequality, Environmental Protection and Growth
by Renström, Thomas I & Marsiliani, Laura
- 3753 Political Shocks, Public Debt and the Design of Monetary and Fiscal Institutions
by Beetsma, Roel & Bovenberg, Lans
- 3752 Integration, Regional Agglomeration and International Trade
by van Ypersele, Tanguy & Monfort, Philippe