Déséquilibre général et investissement

Antoine d'Autume and Philippe Michel

Annals of Economics and Statistics, 1986, issue 4, 23-51

Abstract: We analyze an intertemporal disequilibrium macroeconomic model under perfect foresight and with a fixed real wage. The focus is on investment behavior derived from an intertemporal optimization. The introduction of overtime work ensures the absence of discontinuities between regimes. This enables us to clarify the respective rôles of the real wage level, of autonomous demand and of expectations in the determination of the level of output both in the short and in the long run.

Date: 1986
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.jstor.org/stable/20075626 (text/html)

Related works:
Working Paper: Déséquilibre général et investissement (1986)
Working Paper: Déséquilibre général et investissement (1986)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1986:i:4:p:23-51

Access Statistics for this article

Annals of Economics and Statistics is currently edited by Laurent Linnemer

More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General () and Laurent Linnemer ().