Contenu du sommaire

Disequilibrium theory and macroeconomic models, by Dominique Bureau, Didier Miqueu, Michel Norotte. This paper is devoted to studying macroeconometric models in relation with recent developments of the fixed-price equilibria theory, in an attempt to find microeconomic foundations to macro-models. The fixed-price (or "disequilibriums") approach proved to be well adapted for analysing quantity equilibria and real dynamics of macro-models, but remained of little help as regards the coherence of a few econometric equation in such fields as prices, tensions on output capacities, or wages through the Phillips curve.

The core-model Désir, by Dominique Bureau, Didier Miqueu, Michel Norotte. The core-model described in this paper was made to demonstrate the static and dynamic functioning of a disequilibrium model with several regimes. Within the keynesian regime. Desir's structure and properties are found to be very similar to those of big macroeconometric models.