Assessing the Impact of Fair Value upon Financial Crises .docVIP

March 1st, 2007 ASSESSING THE IMPACT OF FAIR VALUE UPON FINANCIAL CRISES  Robert Boyer CEPREMAP-ENS, CNRS, EHESS 48, Boulevard Jourdan 75014 PARIS, France Phone: (33-1) 43?13?62?56 — Fax: (33-1) 43?13?62?59 e-mail: robert.boyer@ens.fr web site: http://www.jourdan.ens.fr/~boyer Submitted to Socio Economy Review – January 2007 This is the development of a communication presented at the 18th Annual Meeting of SASE, Trier, June 30-July 2nd 2006  ASSESSING THE IMPACT OF FAIR VALUE UPON FINANCIAL CRISES Robert Boyer ABSTRACT Usually the reform of accounting pr