Unemployment in a Cournot Oligopoly Model with Ford Effects

Claude d’ASPREMONT, Rodolphe Dos Santos Ferreira and Louis-André Gérard-Varet
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Claude d’ASPREMONT: UNIVERSITE CATHOLIQUE DE LOUVAIN, Center for Operations Research and Econometrics (CORE)
Authors registered in the RePEc Author Service: Claude d'Aspremont

No 1989012, Discussion Papers (REL - Recherches Economiques de Louvain) from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: A simple general equilibrium model of imperfect competition is introduced with special attention given to the labour market. An extended Cournot equilibrium is defined for any money wage taken as given by the producers. Under some assumptions involuntary unemployment may arise, that is unemployment whatever the given money wage. Specific examples are considered.

Pages: 28
Date: 1989-03-01
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Citations: View citations in EconPapers (11)

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Related works:
Working Paper: Unemployment in a Cournot oligopoly model with Ford effects (1989)
Working Paper: Unemployment in a Cournot oligopoly model with Ford effects (1988)
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