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Underemployment of production factors in a forward-looking model

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  • de la Croix, David
  • Fagnart, Jean-Francois

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  • de la Croix, David & Fagnart, Jean-Francois, 1995. "Underemployment of production factors in a forward-looking model," Labour Economics, Elsevier, vol. 2(2), pages 131-159, June.
    • Handle: RePEc:eee:labeco:v:2:y:1995:i:2:p:131-159
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    References listed on IDEAS

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    1. Lambert, J.-P. & Mulkay, B., 1987. "Investment in a disequilibrium context or does profitability really matter ?," LIDAM Discussion Papers CORE 1987003, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Omar Licandro, 1992. "Investment Dynamics and Capacity Utilization under Monopolistic Competition," Annals of Economics and Statistics, GENES, issue 27, pages 91-113.
    3. Blanchard, Olivier Jean & Kahn, Charles M, 1980. "The Solution of Linear Difference Models under Rational Expectations," Econometrica, Econometric Society, vol. 48(5), pages 1305-1311, July.
    4. Curtis J. Eberwein & Tryphon Kollintzas, 1995. "A Dynamic Model of Bargaining in a Unionized Firm with Irreversible Investment," Annals of Economics and Statistics, GENES, issue 37-38, pages 91-115.
    5. Sneessens, Henri R., 1992. "Contraintes de débouchés, capacités de production et chômage dans un modèle macroéconomique avec concurrence imparfaite," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 140-174, mars et j.
    6. de la Croix, David, 1992. "Union-Firm Bargaining, Investment and Equilibrium Unemployment," LIDAM Discussion Papers IRES 1992020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    7. de la Croix, David & Lubrano, Michel, 1994. "Are Interest Rates Responsible for Unemployment in the Eighties ? A Bayesian Analysis of Cointegrated Relationship with a Regime Shift," LIDAM Discussion Papers IRES 1994015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    8. Maria Paz Espinosa & Changyong Rhee, 1989. "Efficient Wage Bargaining as a Repeated Game," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(3), pages 565-588.
    9. Boucekkine, Raouf, 1995. "An alternative methodology for solving nonlinear forward-looking models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(4), pages 711-734, May.
    10. repec:adr:anecst:y:1992:i:27:p:04 is not listed on IDEAS
    11. Arnsperger, Christian & de la Croix, David, 1993. "Bargaining and equilibrium unemployment : Narrowing the gap between New Keynesian and 'disequilibrium' theories," European Journal of Political Economy, Elsevier, vol. 9(2), pages 163-190, May.
    12. Card, David, 1986. "Efficient Contracts with Costly Adjustment: Short-run Employment Determination for Airline Mechanics," American Economic Review, American Economic Association, vol. 76(5), pages 1045-1071, December.
    13. repec:adr:anecst:y:1995:i:37-38:p:06 is not listed on IDEAS
    14. Strand, Jon, 1989. "Monopoly unions versus efficient bargaining : A repeated game approach," European Journal of Political Economy, Elsevier, vol. 5(4), pages 473-486.
    15. Robert E. Lucas, Jr. & Michael Woodford, 1993. "Real Effects of Monetary Shocks in an Economy with Sequential Purchases," NBER Working Papers 4250, National Bureau of Economic Research, Inc.
    16. Michael Burda, 1988. "Is there a capital shortage in Europe?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 124(1), pages 38-57, March.
    17. repec:bla:scandj:v:94:y:1992:i:1:p:71-83 is not listed on IDEAS
    18. Osano, Hiroshi & Inoue, Tohru, 1991. "Testing between Competing Models of Real Business Cycles," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 669-688, August.
    19. Lockwood, Ben & Manning, Alan, 1989. "Dynamic Wage-Employment Bargaining with Employment Adjustment Costs," Economic Journal, Royal Economic Society, vol. 99(398), pages 1143-1158, December.
    20. Sneessens, Henri R., 1987. "Investment and the inflation-unemployment tradeoff in a macroeconomic rationing model with monopolistic competition," European Economic Review, Elsevier, vol. 31(3), pages 781-808, April.
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    Cited by:

    1. de la Croix, David & Palm, Franz C. & Pfann, Gerard A., 1996. "A dynamic contracting model for wages and employment in three European economies," European Economic Review, Elsevier, vol. 40(2), pages 429-448, February.
    2. Fagnart, Jean-Francois & Licandro, Omar & Sneessens, Henri R., 1997. "Capacity utilization and market power," Journal of Economic Dynamics and Control, Elsevier, vol. 22(1), pages 123-140, November.

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