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Titre Les modèles macroéconomiques de concurrence imparfaite sont-ils classiques ou Keynésiens ?
Auteur Jean-Pascal Bénassy
Mir@bel Revue Cahiers d'économie politique
Numéro no 37, automne 2000 Qu'a-t-on appris sur la concurrence imparfaite depuis Cournot ?
Rubrique / Thématique
L'influence diffuse de Cournot sur la macroéconomie moderne
Page 273-288
Résumé anglais Classical and Keynesian Features in Macroeconomic Models of Imperfect Competition For more than fifty years now the two main (and competing) paradigms in macroeconomics have been the classical and Keynesian ones. Since about twenty five years a new paradigm, imperfect competition macroeconomics, has emerged, which avoids the main shortcomings of the two earlier ones. We investigate in this article whether the models in this line of work have more Keynesian or classical properties. For that purpose we construct a simple prototype macroeconomic model with imperfect competition and rational expectations, and study its properties. We find notably that the equilibria of this model have inefficiency properties very similar to those of Keynesian models. The economy, however, reacts to monetary and fiscal policies in a very " classical " manner. Finally normative prescriptions are neither Keynesian nor classical.
Source : Éditeur (via Persée)
Article en ligne http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_2000_num_37_1_1300