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Cette publication n'a pas de résumé

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Cette publication n'a pas de résumé

Cette publication n'a pas de résumé

Cette publication n'a pas de résumé

Cette publication n'a pas de résumé

This paper argues that although the crisis may have emerged in the financial sector, its roots are much deeper and lie in a structural change in income distribution that has been going on for the past three decades. The widespread increase of inequality depressed aggregate demand and prompted...

How near of a financial crisis and thus of an economic crisis tout court, are we? The answer to this question depends a lot on the behaviour of Central Bankers. To understand why, a brief description of the present situation is in order (...).

A review of different theoretical models confirms that economists of opposing beliefs find themselves agreeing about the usefulness of employment subsidies. In a country with a relatively high wage floor, they reduce the cost of labour for firms. In countries where wage floors are low, subsidies...