[eng] Classical and Keynesian Features in Macroeconomic Models of Imperfect Competition For more than fifty years now the two main (and competing) paradigms in macroeconomics have been the classical and Keynesian ones. Since about twenty five years a new paradigm, imperfect competition...

[spa] El rol de la movilidad del trabajo en un modelo macroeconómico de subempleo con competencia imperfecta, negociaciones salariales y anticipaciones racionales, . por Jean-Pascal Bénassy.. . En este artículo se estudia el roi de la movilidad del trabajo. Se calculan soluciones explicitas...

The Taylor principle is quite usually considered as a central condition for price determinacy. Recently, however, this has been questioned on several grounds, notably because (i ) this condition is a condition for local determinacy, not global determinacy (ii ) it has been derived in...

The fiscal theory of the price level says that the price level can be made determinate if the government uses fiscal policies such that government liabilities explode unless the price in the first period is at the "right" level. The policy implications are disturbing, as they call for rather...

The Taylor principle is quite usually considered as a central condition for price determinacy. Recently, however, this has been questioned on several grounds, notably because (i) this condition is a condition for local determinacy, not global determinacy (ii) it has been derived in "Ricardian"...

Many recent discussions on the conduct of monetary policy through interest rate rules have given a very central role to inflation, both as an objective and as an intermediate instrument. We want to show that other variables like employment can be as important or even more. For that we construct...