Cours de construction. 3, Traité des fondations, mortiers, maçonneries / par G. Oslet & J. Chaix,...

Collection : Encyclopédie théorique et pratique des connaissances civiles et militaires ; partie 1, livre 6

Cours de géographie contemporaine universelle, civile et militaire : traitant les questions agricoles, industrielles, commerciales, historiques et militaires, par départements en France et par régions dans les autres nations. Tome I, Introduction à l'étude de la géographie, géographie de la France et de ses colonies, départements (de A à B) / publié sous la direction de J.-B. Chairgrasse,...

Collection : Encyclopédie théorique & pratique des connaissances civiles & militaires ; partie 2, livre 7, t. 1

Cours de construction. 6, Traité de coupe des pierres : (stéréotomie) / par J. Chaix,...

Collection : Encyclopédie théorique & pratique des connaissances civiles & militaires ; partie 1, livre 6

Causerie à propos du dessin militaire / texte et dessins par A. Quesnay de Beaurepaire,...

Collection : Encyclopédie théorique et pratique des connaissances civiles et militaires

Sciences appliquées à l'art militaire : chemins de fer, télégraphie électrique et optique, téléphonie, pigeons voyageurs, aérostation, ponts militaires, routes militaires

Collection : Encyclopédie théorique et pratique des connaissances civiles et militaires ; partie 2, livre 6

Cours de construction. 19, Métré de serrurerie, quincaillerie, charpente en fer, ferronnerie & grillage / par Ch. Guillaume,...

Collection : Encyclopédie théorique & pratique des connaissances civiles & militaires ; partie 1, livre 6

Le parfum chez la plante / par Eug. Charabot,... & C.-L. Gatin,...

Collection : Bibliothèque de chimie biologique ; n° 7

Traités de musique, [par Louis CHAVENEAU].

Contient : « Discours de la Musique. La musique est une disposition de sons... » ; « S'ensuit les définitions nécessaires de sçavoir pour l'intelligence de la musique » ; traité dont le début, mais le début seul, est identique au traité de même titre qui forme le ms. français 19099 ; « Traicté de musique, contenant une théorique généralle pour méthodiquement pratiquer la composition » ; Règles « pour obtenir l'eschantillon de 6 cloches qui feront l'accord de ut, ré, mi, fa, sol, la », etc

Français 1330

Contient : 1° Éléments de chimie ; 2° Fragment d'alchimie ; 3° « Du septiesme Livre du petit Rosart de maistre ARNAULT DE VILLENEUFVE » ; 4° « L'OEuvre composée par DASTIN, Angloys » ; 5° « Les Secretz du roy HALY, d'Arrabye » ; 6° « Traicté extraict des Secretz. d'ABUMAZAR sur la transmutasion » ; 7° « Le Livre de reverend docteur BENARD, conte DE LA MARCHE TRAVESIN, de Treves alemand » ; 8° « Les Parolles de HERMES, selon MARTIN LORTHOLAIN » ; 9° Fragment

Français 1608

Contient : 1° « De la Joie de paradis... estret de la seinte Escriture et des sermons moistre ROBERT DE SORBONNE, et translaté de latin en franceis » ; 2° L'« Ymage del monde » [par GAUTIER DE METZ] ; 3° « Extractus de libro Chimie ALKYNDI, qui intitulatur : Compendium veritatis theologie »

Opuscules alchimiques.

Contient : I « Abrégé de théorique, » et « Secret des secrets » de Nicolas DE GROSPARMY ; II « Les cinq livres de Noël DE VALOIS, qui a laissé de grandes terres en Normandie, l'an 1449, amy et compagnon de Grosparmy, seigneur et comte de Flers » ; III « Réponse de M. LE FRANC à la lettre de M. Florent sur la transmutation des métaux. (Mercure de France, 1729, p. 1298) ; IV « Pratique phisique et hermétique »

Religion and Economic Growth: Was Weber Right?

Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literacy in the vernacular, is inconsistent with most theoretical models of economic growth. In The Protestant Ethic, Weber suggested an alternative explanation based on culture. Here, a theoretical model confirms that a small change in the subjective cost of cooperating with strangers can generate a profound transformation in trading networks. In explaining urban growth in early-modern Europe, specifications compatible with human-capital versions of the neoclassical model and endogenous-growth theory are rejected in favor of a “small-world” formulation based on the Weber thesis.

Wage Policy of Firms: an Empirical Investigation.

This paper analyzes the dynamics of wages and workers' mobility within firms with a hierarchical structure of job levels. The theoretical model proposed by Gibbons and Waldman (1999), that combines the notions of human capital accumulation, job rank assignments based on comparative advantage and learning about workers' abilities, is implemented empirically to measure the importance of these elements in explaining the wage policy of firms. Survey data from the GSOEP (German Socio-Economic Panel) are used to draw conclusions on the common features characterizing the wage policy of firms from a large sample of firms. The GSOEP survey also provides information on the worker's rank within his firm which is usually not available in other surveys. The results are consistent with non-random selection of workers onto the rungs of a job ladder. There is no direct evidence of learning about workers' unobserved abilities but the analysis reveals that unmeasured ability is an important factor driving wage dynamics. Finally, job rank effects remain significant even after controlling for measured and unmeasured characteristics.

Does the Barro-Gordon Model Explain the Behavior of US Inflation? a Reexamination of the Empirical Evidence

This paper tests the predictions of the Barro-Gordon model using US data on inflation and unemployment. To that end, it constructs a general game-theoretical model with asymmetric preferences that nests the Barro-Gordon model and a version of Cukierman’s model as special cases. Likelihood Ratio tests indicate that the restriction imposed by the Barro-Gordon model is rejected by the data but the one imposed by the version of Cukierman’s model is not. Reduced-form estimates are consistent with the view that the Federal Reserve weights more heavily positive than negative unemployment deviations from the expected natural rate.

Risk Aversion, Intertemporal Substitution, and Option Pricing

This paper develops a general stochastic framework and an equilibrium asset pricing model that make clear how attitudes towards intertemporal substitution and risk matter for option pricing. In particular, we show under which statistical conditions option pricing formulas are not preference-free, in other words, when preferences are not hidden in the stock and bond prices as they are in the standard Black and Scholes (BS) or Hull and White (HW) pricing formulas. The dependence of option prices on preference parameters comes from several instantaneous causality effects such as the so-called leverage effect. We also emphasize that the most standard asset pricing models (CAPM for the stock and BS or HW preference-free option pricing) are valid under the same stochastic setting (typically the absence of leverage effect), regardless of preference parameter values. Even though we propose a general non-preference-free option pricing formula, we always keep in mind that the BS formula is dominant both as a theoretical reference model and as a tool for practitioners. Another contribution of the paper is to characterize why the BS formula is such a benchmark. We show that, as soon as we are ready to accept a basic property of option prices, namely their homogeneity of degree one with respect to the pair formed by the underlying stock price and the strike price, the necessary statistical hypotheses for homogeneity provide BS-shaped option prices in equilibrium. This BS-shaped option-pricing formula allows us to derive interesting characterizations of the volatility smile, that is, the pattern of BS implicit volatilities as a function of the option moneyness. First, the asymmetry of the smile is shown to be equivalent to a particular form of asymmetry of the equivalent martingale measure. Second, this asymmetry appears precisely when there is either a premium on an instantaneous interest rate risk or on a generalized leverage effect or both, in other words, whenever the option pricing formula is not preference-free. Therefore, the main conclusion of our analysis for practitioners should be that an asymmetric smile is indicative of the relevance of preference parameters to price options.