Beta function and infrared renormalons in the exact Wilson   renormalization group in Yang-Mills theory
  We discuss the relation between the Gell-Mann-Low beta function and the ``flowing couplings'' of the Wilsonian action $S_\L[\phi]$ of the exact renormalization group (RG) at the scale $\L$. This relation involves the ultraviolet region of $\L$ so that the condition of renormalizability is equivalent to the Callan-Symanzik equation. As an illustration, by using the exact RG formulation, we compute the beta function in Yang-Mills theory to one loop (and to two loops for the scalar case). We also study the infrared (IR) renormalons. This formulation is particularly suited for this study since: $i$) $\L$ plays the r\^ole of a IR cutoff in Feynman diagrams and non-perturbative effects could be generated as soon as $\L$ becomes small; $ii$) by a systematical resummation of higher order corrections the Wilsonian flowing couplings enter directly into the Feynman diagrams with a scale given by the internal loop momenta; $iii$) these couplings tend to the running coupling at high frequency, they differ at low frequency and remain finite all the way down to zero frequency. 
M. Bonini, G. Marchesini and M. Simionato