This paper explores the relationship between employment protection legislation (EPL) and the share of employment in the IT sector. Evidence from several OECD countries suggests that the importance of the IT sector is smaller in economies with high levels of EPL than in economies with low levels....

We build a model of endogenous destruction with credit and labor market imperfections, represented by a matching process between financiers and entrepreneurs on one hand, and entrepreneurs and workers on the other hand. Business creation, credit opening and job destruction represent three active...

The evidence on U.S. investment in high-tech equipment and labor productivity in the 1990s is briefly reviewed and some implications discussed. First, capturing the role of information technologies has raised a number of important measurement issues, which have led to a change in the...

L’objectif de ce texte est de questionner les fondements normatifs des politiques d’activation, dans leur version Making Work Pay, afin de souligner les «préférences révélées » des décideurs politiques. Pour cela, nous montrons comment les théories de la justice de Rawls, Dworkin et...

Dans une approche « welfariste » conforme à la tradition utilitariste de l'économie normative, le critère de la non-envie permet de dépasser la controverse de fond entre « ancienne » et « nouvelle » économie du bien- être, à partir de la notion de comparaisons « intrapersonnelles...

In this paper, we challenge the usual argument which says that competition is a fair mechanism because it ranks individuals according to their relative preferences between effort and leisure. This argument, we claim, is very insuficient as a justification of fairness in competiton, and we show...

We show that accommodation policies may render efficient bargaining in the labour market unsustainable as a perfect Nash equilibrium of the infinitely repeated game. In fact, in the eyes of the labour market participants, efficient bargaining may be Pareto-dominated by the monopoly-union...

Cet article présente la réponse des auteurs à cinq analyses critiques de leur livre The Economies of the Profit Rate (par Carlo Benetti et Jean Cartelier, Gérard de Bernis, Duncan Foley, Nicolas Gravel et Michel De Vroey). Outre un commentaire qui met davantage l'accent sur certains aspects...

En nous basant principalement sur une analyse de l'Ethique à Nicomaque, nous tentons d'analyser les abstractions opérées par la théorie économique contemporaine à la lumière des trois caractéristiques fondamentales de l'éthique aristotélicienne : l'internalisme, le pluralisme et la...

After sixty years of predominance in the western countries, both the objective of economic growth and its core measure, the Gross Domestic Product (GDP), have been questioned. It no longer seems consistent to maintain growth as a societal goal and to keep GDP as the major reference for...