[fre] Cet article présente un panorama de théorie des déterminants de individuelle et nationale connue sous nom d'hypothèse du cycle de vie l'épargne. Des applications à problèmes de politique sont également discutées. La première partie fait un état des à la veille de la formulation...

The article analyses the behavior of an open economy in which wages are fully indexed to prices. It specifically deals with the dynamics of inflation, aggregate demand, balance-of-payments deficits and the public budget deficit.

There is much confusion in the economics literature on wage determination and the employment–inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...