Showing 1 - 5 of 5
[fre] Dette publique et croissance endogène. . L'objet de cet article est d'analyser les effets sur la croissance et le bien-être de deux modes de financement, des dépenses publiques. Il s'agit respectivement d'une politique d'équilibre budgétaire et d'une politique d'endettement public.....
Persistent link: https://www.econbiz.de/10008625583
[eng] Time-consistency of economic policies in a model with a forward looking expectations equation. In this paper we study the time consistency of economie policies in a model with a forward looking equation. This is an overlapping-generation model a la Samuelson. A central bank is assumed to...
Persistent link: https://www.econbiz.de/10008618036
[eng] Lower hours of work, professionnal qualifications and unemployment. . . This paper analyses the consequences of lower hours of work within the framework of a small open economy with skilled and unskilled workers. There is an incentive constraint on the wages of the skilled workers whereas...
Persistent link: https://www.econbiz.de/10008620932
[fre] Cash-in-advance constraints in the overlapping generations model : neutrality of monetary policies and macro-dynamics. . This article is concerned with the role of money in an O.L.G. model. Money is introduced through a cash-in-advance constraint. We show that money is super-neutral if the...
Persistent link: https://www.econbiz.de/10008621149
[fre] Cet article examine l'impact du vieillissement démographique et de la politique budgétaire sur le bien-être des générations successives. Pour ce faire, on développe un modèle d'équilibre général à générations imbriquées. Ce dernier reproduit de façon très fine les...
Persistent link: https://www.econbiz.de/10008623009