La condition d'efficacité de la politique économique dans les synthèses néoclassiques: rigidité des prix ou asymétrie du rapport salarial ?

Nicolas Piluso ()

Post-Print from HAL

Abstract: The purpose of this article is to challenge the thesis (very common in textbooks of macroeconomics and the history of economic thought) that Keynesian economic policy is effective only when introduces a rigidity of prices and / or wages in the models of the neoclassical synthesis. We examine the models of the old synthesis and the new synthesis to show that it is rather the asymmetry of the wage relationship that forms the basis of the effectiveness of Keynesian economic policies. We test an alternative model of the new synthesis to show that the assumption of price rigidity is not necessary for obtaining an efficiency result of the stimulus policy.

Date: 2018-06-15
New Economics Papers: this item is included in nep-his
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01964699v1
References: Add references at CitEc
Citations:

Published in Cahiers d'Economie Politique = Papers in political economy, 2018, n° 74 (1), pp.139-159. ⟨10.3917/cep.074.0139⟩

Downloads: (external link)
https://shs.hal.science/halshs-01964699v1/document (application/pdf)

Related works:
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:hal:journl:halshs-01964699

DOI: 10.3917/cep.074.0139

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().