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La formulation du modèle keynésien et le choix de l'unité de mesure

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  • Alain Béraud

    () (THEMA - Théorie économique, modélisation et applications - Université de Cergy Pontoise - CNRS - Centre National de la Recherche Scientifique)

Abstract

This contribution analyzes how Keynes and the keynesians asked the question of the choice of the unit of measure of the macroeconomic aggregates. Underlining the narrow relationships which exist between the lectures which Keynes professed between 1933 and 1935 and the diverse versions of the model IS-LM, it shows that the problems arise from the way Keynes had approached this problem. To argue about the monetary value of the aggregates leads to dichotomiser the model and does not allow to analyze correctly the interdependence between the labor market on one hand and the goods markets and the money market on the other hand. The model so formulated does not allow to treat in a rigorous way the effects of a variation of the monetary wage. It lets think, wrongly, that there is inevitably a full employment equilibrium.

Suggested Citation

  • Alain Béraud, 2012. "La formulation du modèle keynésien et le choix de l'unité de mesure," Post-Print halshs-00722854, HAL.
  • Handle: RePEc:hal:journl:halshs-00722854 Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00722854
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    References listed on IDEAS

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    1. Tamatoa Bambridge & Florent Venayre & Julien Vucher-Visin, 2010. "La gouvernance du système économique polynésien en question - Comment protection et absence de concurrence obèrent la croissance," Post-Print halshs-00722690, HAL.
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    5. Bertrand Bellon, 1993. "Cent ans de politique antitrust aux États-Unis," Revue d'Économie Industrielle, Programme National Persée, vol. 63(1), pages 10-24.
    6. Florent Venayre, 2005. "Demi-mesures sur le marché de la bière," Post-Print halshs-00653046, HAL.
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    8. Patrice Bougette & Christian Montet, 2005. "Doutes sur les remèdes non structurels dans le contrôle des concentrations," Post-Print halshs-00463979, HAL.
    9. David Encaoua & Roger Guesnerie, 2006. "Politiques de la Concurrence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00177629, HAL.
    10. Michael Wise, 2006. "Competition Law and Policy in France," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 7(1), pages 7-81.
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    Keywords

    units of measure; Keynes; IS-LM; unité de mesure;

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