Similar Search Results

Microeconomic Uncertainty and Macroeconomic Indeterminacy

Fagnart, Jean-François; Sneessens, Henri - Institut de Recherche Économique et Sociale (IRES), … - 2001

and microeconomic uncertainty can generate coordination problems and indeterminacy of the macroeconomic equilibrium. With …

Persistent link: https://www.econbiz.de/10004985129

Le problème de la coordination dans la controverse Hayek-Keynes

ZOUACHE, Abdallah - Institut de Recherche Économique et Sociale (IRES), … - 2004

Notre analyse de la coordination inter-individuelle dans la controverse Hayek-Keynes nous permet de distinguer deux … types de problème de coordination. Le problème de coordination au sens de Hayek est temporaire. Il est la conséquence de …. Le problème de coordination au sens de Keynes est permanent. Il est le résultat endogène des interactions entre les …

Persistent link: https://www.econbiz.de/10004985453

Verti-zontal Differentiation in Monopolistic Competition

COMITE, Francesco DI; THISSE, Jacques-François; … - Institut de Recherche Économique et Sociale (IRES), … - 2011

The pattern of trade observed from firm-product-country data calls for a new generation of models. To address the unexplained variation in the data, we propose a new model of monopolistic competition where varieties enter preferences non-symmetrically, capturing both horizontal and vertical...

Persistent link: https://www.econbiz.de/10009493503

Launhardt and Hotelling

FERREIRA, Rodolphe DOS SANTOS - Institut de Recherche Économique et Sociale (IRES), … - 1998

The paper discusses the relation between the justly famous Hotelling’s [1929] paper on stability in competition and the corresponding passages of the often ignored Launhardt’s [1885] book, devoted to mathematical economics. Launhardt is sometimes credited for the anticipation of...

Persistent link: https://www.econbiz.de/10009493531

Analytical solutions to an RBC model with imperfect competition, increasing returns and underemployment

BÉNASSY, Jean-Pascal - Institut de Recherche Économique et Sociale (IRES), … - 1996

We construct in this paper a "benchmark" model of fluctuations with optimizing households and firms. The economy is a monetary one, with imperfect competition in goods and labor markets, as well as increasing returns to scale and specialization. This economy is subject to technological and...

Persistent link: https://www.econbiz.de/10008505624

Market imperfections and firm-sponsored training

PICCHIO, Matteo; OURS, Jan C. VAN - Institut de Recherche Économique et Sociale (IRES), … - 2010

Recent human capital theories predict that labor market frictions and product market competition influence firm-sponsored training. Using matched worker-firm data from Dutch manufacturing, our paper empirically assesses the validity of these predictions. We find that a decrease in labor market...

Persistent link: https://www.econbiz.de/10008506322

The impact of macroeconomic policies in a oligopolistic economy with entry

DAMANIA, Dick; Summers, Peters - Institut de Recherche Économique et Sociale (IRES), … - 1997

This paper examines the impact macroeconomic policies in a system where the product market is modelled as an oligopolistic supergame in which potential entrants incur sunk entry costs. It is shown that policies which affect the interest rate, influence both the degree of competition in the...

Persistent link: https://www.econbiz.de/10008520578

Efficiency gains and mergres

Giuseppe, DE FEO - Institut de Recherche Économique et Sociale (IRES), … - 2008

In the theoretical literature, strong arguments have been provided in support of the efficiency defense in antitrust merger policy. One of the most often cited results is due to Williamson (1968) that shows how relatively small reduction in cost could offset the deadweight loss of a large price...

Persistent link: https://www.econbiz.de/10004984702

Successive oligopolies and decreasing returns

Jean J., GABSZEWICZ; Skerdilajda, ZANAJ - Institut de Recherche Économique et Sociale (IRES), … - 2008

In this paper we propose an example of successive oligopolies where the downstream firms share the same decreasing returns technology of the Cobb-Douglas type. We stress the differences between the conclusions obtained under this assumption and those resulting from the traditional example...

Persistent link: https://www.econbiz.de/10004984736

The media and advertising : a table of two-sided markets

Simon P., ANDERSON; Jean J., GABSZEWICZ - Institut de Recherche Économique et Sociale (IRES), … - 2005

Media industries are important drivers of popular culture. A large fraction of leisure time is devoted to radio, magazines, newspapers, the Internet, and television (the illustrative example henceforth). Most advertising expenditures are incurred for these media. They are also mainly supported...

Persistent link: https://www.econbiz.de/10004984747