This paper proposes a non-competitive CGE model with microeconomic foundations as clear as those of the Walrasian CGE model. Drawn essentially from the General Theory of the Firm, the microeconomic foundations developed make it possible: […]
Ce papier propose un modèle EGC non concurrentiel (MEGC-NC) avec des fondements microéconomiques aussi clairs que ceux du modèle EGC walrasien. Tirés essentiellement de la Théorie générale de la firme, les fondements microéconomiques développés permettent : […]
Following the reflections in the General theory of the firm framework which showed that the relationship between investment and interest rate is not monotonous, this paper aimed (i) to carry out more precise theoretical investigations […]
This paper aimed to propose a theory of exchange and the formation of the prices of goods and services in any market. The theoretical essay is based on the postulate of the general theory of […]
L’échange et le prix associé découlent d’un processus de compromis entre le producteur/vendeur et l’acheteur portant sur leurs objectifs : (i) la marge unitaire, (ii) le volume de la transaction et (iii) l’économie que l’acheteur désire […]
Suite aux réflexions dans le cadre de la Théorie générale de la firme qui ont montré que la relation entre l’investissement et le taux d’intérêt n’est pas monotone, ce papier s’est fixé pour objectif (i) […]
Based on the General Theory of the Firm, this paper has developed a new macroeconomic representation of labor market which allows to draw five main lessons. First, as an outcome of negotiations between employers and […]
Adopting a Cobb-Douglas specification, this paper clarifies and confirms the results of the general theory of the firm. First, it shows that wage rigidity in the short run is linked to the fact that it […]
Adoptant une spécification de Cobb-Douglas, cet article vient préciser et confirmer les résultats de la théorie générale de la firme. Premièrement, il montre que la rigidité des salaires dans le court terme serait liée au […]
To overcome the fragmentary nature of the investment theory in the economic literature, this paper is aimed at developing a more holistic analysis framework of business investment decision. It used deductive reasoning based on the […]
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