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Business Cycles and Macroeconomic Stability
Setting the issue "Most economists consider the marked increase in automatic stabilizers a highly favorable development with respect to maintenance of economic stability". Besides the rare privilege of having being signed by both Milton Friedman and Paul Samuelson (Depres,Friedman, Hart, Samuelson, and Wallace [1950]), among others, this sentence expressed as soon as 1950 the consensus view on the stabilizing effect of fiscal rules governing tax revenue and public expendi tures and transfers. This positive ex ante assessment will have been confirmed ex post as part of the explanation for post war stabilization (Burns [1960], de Long and Summers [1986], Moore and Zarnovitz [1986]). However, i...
Advances in Business Cycle Research
Models derived from the Real Business Cycle perspective have recently taken a major place in business cycle research. The papers in this present volume bring three contributions to this research programme: A critical evaluation of the canonical RBC models, new elements of empirical relevance, based on comparative calibration and testing, and new specifications, at the frontier of business cycle research, coping with non walrasian features, contracts and nominal rigidities, unemployment and growth.
Déséquilibres en économie ouverte
Après "Études sur l'économie en déséquilibre" et le volume d'essais "Croissance et accumulation en déséquilibre", l'équipe de spécialistes regroupée autour des économistes de l'Université de Paris I apporte, avec cette série d'études sur les "Déséquilibres en économie ouverte", une nouvelle pièce à la construction d'une macroéconomie moderne, qui fait place au phénomène de déséquilibre. Comment parler, avec pertinence, des turbulences macroéconomiques d'aujourd'hui, sans les concevoir, dès l'abord, comme déséquilibres d'une économie ouverte ? Mais aussi, comment les saisir sans se doter de schémas d'analyse appropriés ? L'objet de ce livre est de proposer de tels schémas d'analyse, et de présenter un éventail de résultats originaux, qui balisent les pistes d'un programme de recherche appelé à se développer, du moins tant que persisteront les préoccupations dont il s'alimente.
Macrodynamique, fluctuations et croissance
Cet ouvrage est une réédition numérique d’un livre paru au XXe siècle, désormais indisponible dans son format d’origine.
Private Lending to Sovereign States
In this illuminating work on external debt, Daniel Cohen explodes many myths currently popular among economists, bankers, and journalists about the nature of the debt problem, its origins, and its cure.
Tie-Break!
A gritty girl with a gruesome family history, Justine Henin-Hardenne is no ordinary tennis star. Her Wimbledon Final appearance in 2001, aged 19, was a sign of things to come. In 2003, she won the French and US Open titles to finish the year as World Number One. True to form, she began 2004 by making it a hat trick of Grand Slam triumphs with victory at the Australian Open. Yet behind her amazing triumph, tragedy and discord had torn her family apart. Untimely deaths had struck five generations in less than 30 years. Justine's mother, sister, nephew, grandfather, and great-grandmother lost their lives in exceptionally sad circumstances. Her family almost appeared to be cursed. Yet she chose to treat many surviving relations as though they too had ceased to exist. When Justine married Pierre-Yves Hardenne in 2002, her father and brothers were among those left off the invitation list. How did it come to this? And how did Justine overcome such misery to become queen of world tennis?
Études sur l'économie en déséquilibre
Depuis plusieurs années, un groupe d'universitaires, dans le cadre de l'équipe de recherche « Conjoncture et analyse des déséquilibres », s'est attaché à l'étude des fondements microéconomiques des déséquilibres macroéconomiques. Le présent ouvrage rend compte de premiers résultats de cette démarche collective, il regroupe des contributions de : - Danièle Blondel et Jeanne-Marie Parly, de l'Université de Paris IX ; - Antoine d'Autume et Olivier Favereau, de l'Université de Paris X ; - Michel Oouchain, de l'Université de Paris XIII ; - Pierre-Yves Henin, de l'Université de Paris I.
