Les développements récents de la macroéconomie post-keynésienne

Autor: Angel Asensio, Sébastien Charles, Dany Lang, Edwin Le Heron

Publikováno v: Revue de la Régulation, Vol 10

The purpose of this article is to show why recent developments in post-Keynesian modeling are valuable to understand the functioning of contemporary capitalism and to limit its dysfunction. First, the main methodological innovations from the last dec

Externí odkaz: https://doaj.org/article/f83690dca0b14c538bb48089b813ec72

To what extent does aggregate leverage determine financial fragility? New insights from an agent-based stock-flow consistent model

Autor: Dany Lang, Ítalo Pedrosa

Publikováno v: Journal of Evolutionary Economics. 31:1221-1275

Many interpretations and developments of the Financial Instability Hypothesis (FIH) rely on aggregate leverage ratio indicators to proxy non-financial firms’ sector financial fragility. Internal critiques of the FIH’s framework call into question

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::e0f217e8f7ed99d5259697a0d0fc6157
https://doi.org/10.1007/s00191-021-00745-4

Is capacity utilization variable in the long run? An agent-based sectoral approach tomodeling hysteresis in the normal rate of capacity utilization

Autor: Dany Lang, Tom Bauermann, Mark Setterfield, Federico Bassi

ost Keynesian macrodynamic models make various assumptions about the normal rate of capacity utilization. Those rooted in the Classical and neo-Keynesian traditions assume the normal rate is fixed, whereas Kaleckian models treat it as a variable that

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bb46b23d4cc8c39cb2be2abf9789489b
https://halshs.archives-ouvertes.fr/halshs-02865532/file/NSSR_WP_072020.pdf

Is the market really a good teacher ? Market selection, collective adaptation and financial instability

Autor: Isabelle Salle, Pascal Seppecher, Dany Lang

Publikováno v: Journal of Evolutionary Economics
Journal of Evolutionary Economics, Springer Verlag (Germany), 2019, The alternative canon: agent-based macroeconomics, 29 (1), pp.299-335. ⟨10.1007/s00191-018-0571-7⟩
Journal of Evolutionary Economics, 29(1), 299-335. Springer New York
20th Conference of the Research Network Macroeconomics and Macroeconomic Policies-Towards Pluralism in Macroeconomics?
20th Conference of the Research Network Macroeconomics and Macroeconomic Policies-Towards Pluralism in Macroeconomics?, Research Network Macroeconomics and Macroeconomic Policies (FMM), Oct 2016, Berlin, Germany. ⟨10.1007/s00191-018-0571-7⟩

International audience; This paper proposes to model market mechanisms as a collective learning process for firms in a complex adaptive system, namely Jamel, an agent-based, stock-flow consistent macroeconomic model. Inspired by Alchian's (1950) " bl

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::595fde86c0bc23ff80095bb68eca0f38
https://hal.archives-ouvertes.fr/hal-01532903

Employment Flexibility, Dual Labour Markets, Growth, and Distribution

Autor: Dany Lang, Sébastien Charles, Amitava Krishna Dutt

Publikováno v: Metroeconomica. 66:771-807

Many policymakers and economists have argued in favour of greater labour market flexibility as a part of structural adjustment reforms that are expected to improve economic performance. Existing post-Keynesian-Kaleckian (PKK) models are unable to add

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::2bc61f9d009a154a0877aa2b586bba86
https://doi.org/10.1111/meca.12093