Showing 1 - 10 of 76
This paper considers a multi-sectoral endogenous growth model, that reproduces the essental aspects of an ‘ICT-based economy’, in which a central role is played by human capital accumulation. Indeed, households also invest in human capital through schooling, and this turns out to be the...
Persistent link: https://www.econbiz.de/10004984853
obtained, in particular it turns out that shocks on the productivity of the different sectors have permanent effects on long …-term growth (contrary to the version of the model without the “lab-equipment” assumption, where only a shock on the productivity …
Persistent link: https://www.econbiz.de/10004985093
production of new softwares. During the IT boom, labor productivity's growth slowdowns, the skill premimum rises as well as the …
Persistent link: https://www.econbiz.de/10004985188
the two main views of the 1995-2000 IT boom in the USA. If it only cornes from productivity gains in the production of … deepening and no long term growth effect. In contrast, if this boom relies on productivity gains in R&D, there is room for a …
Persistent link: https://www.econbiz.de/10004985493
L'article analyse la coopération monétaire en Europe comme une coalition (au sens de la théorie des jeux) au sein de l'économie mondiale. Le modèle de Canzoneri et Henderson sert de point de départ ; il est enrichi, notamment par la prise en compte d'une fonction de création de la monnaie...
Persistent link: https://www.econbiz.de/10008550120
Using an updated version of the CWS model (introduced by Eyckmans and Tulkens in Resource and Energy Economics 2003), this paper intends to evaluate with numbers the respective merits of two competing notions of coalition stability in the standard global public goods model as customarily applied...
Persistent link: https://www.econbiz.de/10004984873
Dans un modèle à deux pays où on considère le policy-mix en réponse à des chocs, on examine la question de savoir si le gain résultant de la coordination des politiques budgétaires entre pays est plus élevé en union monétaire qu'en change flexible. On montre tout d'abord que...
Persistent link: https://www.econbiz.de/10004985411
Dans un modèle à deux pays et à horizon infini, dans lequel la mobilité du capital est imparfaite, on présente une analyse dynamique de la transmission internationale des chocs qui affectent les dépenses publiques. Trois types de financements d'une augmentation des dépenses publiques sont...
Persistent link: https://www.econbiz.de/10004985445
This article deals with cooperation issues in international pollution problems in a two dimensional dynamic framework implied by the accumulation of the pollutant and of the capital goods. Assuming that countries do reevaluate at each period the advantages to cooperate or not given the current...
Persistent link: https://www.econbiz.de/10005008073
We examine proposals to introduce national insurance against unevenly distributed shocks in the European Community. This insurance would operate differently from tax and government spending activities that now yield regional insurance within countries, since these activities are mainly designed...
Persistent link: https://www.econbiz.de/10011074968