| Titre | De la Théorie générale aux modèles de défaut de coordination : Remarques sur le développement de l'approche keynésienne | |
|---|---|---|
| Auteur | Jean Cartelier | |
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Revue | Cahiers d'économie politique |
| Numéro | no 36, printemps 2000 | |
| Rubrique / Thématique | Débats |
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| Page | 117-126 | |
| Résumé anglais |
Thierry Laurent and Hélène Zajdela are right when they maintain that Neo-Keynesian theory leads to a technical, methodological and empirical dead end. Sticky prices are not the distinctive feature of a Keynesian approach. But coordination failures models are not so illuminating about Keynes' approach. They come from a critique of general equilibrium theory very different of that of Keynes (even if it may be complementary). What is at the root of Keynes' conjecture about involuntary unemployment is neither sticky prices nor uncertainty nor imperfect competition but the lack of symmetry between entrepreneurs and wage-earners. Hicks and Clower contributions to the debat are as important as ambiguous. There exists however an existence theorem for Keynesian equilibria (Glustoff, 1968) from which it is possible to give an alternative interpretation of what a Keynesian approach might be. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_2000_num_36_1_1277 |
