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Rigidités Salariales Et Chômage. Les Frontières Classiques Du Programme Néo-Keynésien Étaient-Elles Tracées?

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  • Liêm HOANG-NGoc

Abstract

This article underlines the restrictive perspective of the neo-keynesian research program of "microdoundations of unemployment", compared to the keynesian project of a general theory which would marginalize the classical cases. This neo-keynesian program has first restricted the interpretation of the General Theory, adopting the hypothesis of nominal rigidity of wages. Secondly, it did reject this hypothesis, which could not be supported by strong microfoundations and has progressively accepted the rational expectations hypothesis. In the models of general equilibrium with imperfect competition, neokeynesians have [mally adopted a theory of structural unemployment with classical properties.

Suggested Citation

  • Liêm HOANG-NGoc, 2005. "Rigidités Salariales Et Chômage. Les Frontières Classiques Du Programme Néo-Keynésien Étaient-Elles Tracées?," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 48, pages 161-185.
    • Handle: RePEc:cpo:journl:y:2005:i:48:p:161-185
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    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • J58 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Public Policy

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