In this article, as part of the symposium on total factor productivity, Richard G. Lipsey of Simon Fraser University and Kenneth Carlaw of the University of Canterbury in New Zealand provide a trenchant critique of the concept of total factor productivity. They conclude that "the degree of...

The assumption we submit, because macroeconomic forcasts would be unperfect, is that behavioral equations doesn't enough describe economic behaviours through the capacity of reaction opposite to environment. Further, the forcaster belongs to his search-system, so that, may be, we must now...

In a enlarged néoclassical growth theory tradition, we presents the links between economic growth and investment. We argue that the business investment is both the main signal and cause of a new growth "potential". We study what are the main determinants of investment and show why and how its...

L’économie néoclassique, fondement des politiques d’ajustement des économies africaines estime qu’une crise endogène du système de marché est impossible car il contient des mécanismes autorégulateurs. L’extension du rôle de l’Etat est la source essentielle des déséquilibres...

Le « libéralisme » justifie le nouveau mercantilisme des pays industriels. L’objectif est d’assurer à ces pays le contrôle des marchés mondiaux. Les programmes d’assainissement appliqués aux pays en développement révèlent que la mise en conformité des économies fragile avec les...

Cet article examine les effets des plans d’épargne salariale sur l’épargne retraite volontaire. Nous construisons un modèle dynamique de maximisation d’utilité, pour déterminer les équations de demande de l’épargne salariale d’une part et de l’épargne classique d’autre...

This paper develops a dynamic stochastic general equilibrium model with interactions between a heterogeneous banking sector and other private agents. We introduce endogenous default probabilities for both firms and banks, and allow for bank regulation and liquidity injection into the interbank...

This paper characterizes the short- and long-run effects of overtime de-taxation. A dynamic general equilibrium with overtime hours is first developed and calibrated to French data. A fiscal shock consisting of a complete de-taxation of overtime hours is then implemented in the model. Several...

This manual provides a comprehensive overview of Vector Autoregression (VAR) models using EViews. It covers key concepts, practical applications, and step-by-step guidance on implementing VAR modeling. The aim is to equip researchers and practitioners with the tools necessary to analyze time...

This paper extends the Solow-Swan growth model by incorporating environmental factors, applied specifically to Madagascar. The model simulates three scenarios: (1) a baseline scenario with low savings and high deforestation; (2) an economic reform scenario with increased savings but no...