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We show, in contrast with Stiglitz, that an inegalitarian long run equi- librium can emerge in a Solow growth model framework, with linear consumption function. We then interpret this result in line with marxian economics. We extend the results by incorporating some features of the...
Persistent link: https://www.econbiz.de/10010706382
The aim of this paper is to show that inequalities of wealth can be necessary conditions to explain the apparition and rise of a capitalistic system. We try to highlight Marx's insights on primitive accumulation. Our dynamic framework is consistent with Roemer's idea of endogenous class...
Persistent link: https://www.econbiz.de/10010707668
The housing market is a central macroprudential policy concern in France due to the significant proportion of residential property loans in bank balance sheets and the high weight of housing in household wealth. The surge in house prices at the start of the 2000s means we cannot rule out the...
Persistent link: https://www.econbiz.de/10011273982
This report presents a structural analysis of the Ghanaian economy, an outlook of its recent evolution and growth estimations for 2001 and 2002. Ghana holds a special position in West Africa, because of its strong economic growth during the last twenty years and its flexible exchange rate...
Persistent link: https://www.econbiz.de/10010706748
Persistent link: https://www.econbiz.de/10010707009
The article studies the conceptions of causality encountered in macroeconometrics. From an empiricist standpoint, it is natural to privilege measurements of phenomenal associations, spread over a period of time, between series of data. This method has made a major comeback since the 1970s,...
Persistent link: https://www.econbiz.de/10010708981
This text is drawn from a talk given on October 2 on the occasion of the inauguration of the chair in “Ecological Reconversion, Work, Employment and Social Policy” at the Collège d’Études Mondiales, in collaboration with the University of Paris-Dauphine.
Persistent link: https://www.econbiz.de/10011072531
Le texte constitue un extrait de la conférence inaugurale de la Chaire « Reconversion écologique, travail, emploi, politiques sociales » du Collège d’études mondiales, mise en place par la Fondation Maison des sciences de l’homme en coopération avec l’Université Paris Dauphine....
Persistent link: https://www.econbiz.de/10011073629
The wind of democratisation, which has been blowing across Sub-Saharan Africa for the last decade, must be considered as a superb opportunity for public statistics. The increase in power of the civil society and the liberation of the media have opened up a dynamic public space where statistics...
Persistent link: https://www.econbiz.de/10011074327
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