Towards a non-Walrasian macroeconomics (notice n° 547171)

détails MARC
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041 ## - LANGUAGE CODE
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042 ## - AUTHENTICATION CODE
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100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Gaffard, Jean-Luc
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245 00 - TITLE STATEMENT
Title Towards a non-Walrasian macroeconomics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2019.<br/>
500 ## - GENERAL NOTE
General note 73
520 ## - SUMMARY, ETC.
Summary, etc. This article aims to contrast modern macroeconomic analysis with a non-Walrasian or evolutionary macroeconomics. This debate, which returns to the forefront with each major economic crisis, concerns the nature of coordination problems and the means of resolving them. While modern macroeconomic models describe the inter-temporal optimization behaviour of consumers who are perfectly adapted to their environment and cleared markets, evolutionary macroeconomics focuses on market imbalances that require adaptive behaviours. This contrast affects monetary and fiscal policy as well as the nature of any structural reforms to be carried out. It also affects the type of modelling to be developed.
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786 0# - DATA SOURCE ENTRY
Note Revue de l'OFCE | o 157 | 3 | 2019-01-30 | p. 235-256 | 1265-9576
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/journal-revue-de-l-ofce-2018-3-page-235?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-de-l-ofce-2018-3-page-235?lang=en&redirect-ssocas=7080</a>

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