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French Abstract: Le coronavirus (COVID-19) a provoqué une baisse de l'activité économique mondiale, exacerbée par des mesures de distanciation sociale qui ont perturbé des secteurs couvrant le tourisme, l'industrie manufacturière et l'énergie. L'augmentation de l'inflation et...
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In this paper, we apply the surplus accounting methodology to analyze the distribution of the fruits of growth between production factors over the period 1950-2008. Three production factors are distinguished: paid employment, self-employment and capital. The surplus distributed to capital is nil...
Persistent link: https://www.econbiz.de/10008539956
The goal of this paper is to gauge the impact of the expected oil price increase on the potential output growth of the French economy in the long run. This potential output exercise is conducted using CES (Constant Elasticity of Substitution) production functions featuring three factors:...
Persistent link: https://www.econbiz.de/10008539997
The quantitative and dynamic consequence of a social VAT reform, i.e. a fiscal reform consisting in substituting VAT for social contributions, is assessed using two general equilibrium models. The first one is a Walrasian model with no other frictions than distortionary taxation of labor and...
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This review presents the main tools and results of the research between finance and macroeconomics. The ambition of this literature is to provide a joint analysis of the business cycle and financial asset returns. This paper adopts this perspective and suggests a critical analysis of the...
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