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This text reviews recent work on expectational coordination in general equilibrium models of the Walrasian tradition. It evokes briefly the multiplicity questions associated with infinite horizon models and the problems associated with "eductive learning". It examines in a more systematic way...
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dispersion ? agglomeration configuration when regional and/or international trade are liberalised. Two main results are found …, the first one is that dispersion Pareto dominates agglomeration, the second one is that the agglomeration rent is not bell … partial agglomeration of activities, the race to the bottom in terms of taxation is still verified ii) even in a multi …
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This paper aims to determine if central authorities can favour the location of some economic activities in periphery areas. In order to do it, we build a theoretical framework close to the Krugman and Venables? one [1995], explicitly introducing regional policy of a central authority. We show...
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