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This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rates has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth...
Persistent link: https://www.econbiz.de/10011025565
This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rate has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth...
Persistent link: https://www.econbiz.de/10011026215
In the last twenty years, through a growing awareness of contractual incompleteness, the concept of authority has regained primacy in the analysis of the employment relationship. This article pursues two goals. First, we assess the famous controversy between Coase and Alchian and Demsetz via an...
Persistent link: https://www.econbiz.de/10009643785
In his chapter 13 of the Capital, Marx shows that cooperation involves coordination whatever the mode of production is. In his opinion, command in capitalist production has two sides: coordination and exploitation. The main features of command in a democratic organization of production are...
Persistent link: https://www.econbiz.de/10008794936
Are scientific arguments used for analysing "sustainable development" ? This issue is at the core of the EBP-biosoc research project of which we present a few aspects on the use of scientific knowledge through "Evidence Based Policy" method. The use of such a framework in social sciences...
Persistent link: https://www.econbiz.de/10008795046
This article deals with public debt dynamics in France. It also analyses several contemporary debates such as Ricardian equivalence, sustainability and budget balance decomposition. Public deficit is not necessarily the result of a Keynesian type of expansionary fiscal policy. It can also stem...
Persistent link: https://www.econbiz.de/10008795100
This paper sums up the Marxian analysis of the capitalist exploitation process. The double aspect of direction is emphasized. Notions of formal and real exploitation are used to show that division of labor is less the way to improve productivity than to increase the capital's share of the...
Persistent link: https://www.econbiz.de/10008795102
This paper sums up the Marxian analysis of the capitalist exploitation process. The double aspect of direction is emphasized. Notions of formal and real exploitation are used to show that division of labor is less the way to improve productivity than to increase the capital's share of the...
Persistent link: https://www.econbiz.de/10008795107
Il peut sembler aujourd'hui quelque peu déplacé de se demander, comme le faisait Stephen Marglin au début des années 1970 : mais au juste, à quoi servent les patrons ? Pourquoi, dans les entreprises, le travail est-il divisé entre certains individus spécialisés dans la décision et le...
Persistent link: https://www.econbiz.de/10008795113
This paper discuss the theories of crisis of the Social State. It examines the transformations of the norms of social control on production and distribution of income in France since thirty years. It show that Social State is no more the framework of french institutions. As consequence, the «...
Persistent link: https://www.econbiz.de/10008795323