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The paper surveys the main findings of research about the specificity of the Japanese "régulation" mode and growth pattern, with a special emphasis upon the wage labor nexus, compares the recession which began in 1991 with the previous ones and finally analyses the institutional transformations...
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This paper investigates the accuracy of a perturbation method in approximating the solution to stochastic equilibrium models under rational expectations. As a benchmark model, we use a version of asset pricing models proposed by Burnside [1988] which admits a closed-form solution while not...
Persistent link: https://www.econbiz.de/10005176583
A retrospective analysis of European integration shows how political factors and economic opportunities/constraints have interacted in the progressive design of an unprecedented form of federalism. Political reconciliation of former enemies (France and Germany), modesty of the first steps of...
Persistent link: https://www.econbiz.de/10005022458
Le contraste entre le succès des années quatre-vingt et la stagnation et l'incertitude des années quatre-vingt-dix au Japon a suscité nombre d'interprétations. L'article procède à une revue de littérature selon le caractère réel ou au contraire monétaire et financier des facteurs de...
Persistent link: https://www.econbiz.de/10005022461
Why is it that Germany and Japan, economic miracles of the 60's are nowadays perceived as ailing capitalisms and should they adopt a typical American market led capitalism? Can the German and Japanese Social Systems of Innovation (SSI) survive into the next century? Does the opposition between...
Persistent link: https://www.econbiz.de/10005022472
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La diffusion des technologies de l'information et de la communication (TIC) était supposée déboucher sur un régime économique sans précédent marqué par une croissance forte, régulière et non inflationniste. S'ouvrait une ère nouvelle en matière d'organisation des firmes (essor des...
Persistent link: https://www.econbiz.de/10005176555