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How to detect regime changes?
[Détecter les changements de régime : quelles méthodes ?]

Author

Listed:
  • Robert Boyer

    (EHESS , IDA - Institut des Amériques - Université Sorbonne Nouvelle - Paris 3 - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche - CNRS - Centre National de la Recherche Scientifique)

  • Sandrine Michel

    (UMR ART-Dev - Acteurs, Ressources et Territoires dans le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique)

Abstract

Against the structurally stable equilibrium hypothesis of new classical macroeconomics, econometric research on regime shifts was once stimulated by disequilibrium theory. Regulation theory has mobilized these techniques to show how institutionalized compromises are at the origin of possible macroeconomic regularities, which may or may not have repercussions on the accumulation regime. The chapter reviews the various techniques available and discusses their relevance, then presents the main results thus obtained. They express the synergy between an institutionalist and historical approach and the econometrics of regime change. The period of intense structural transformations, evident in the 2020s, calls for a relaunch of this research program.

Suggested Citation

  • Robert Boyer & Sandrine Michel, 2023. "How to detect regime changes? [Détecter les changements de régime : quelles méthodes ?]," Post-Print hal-04254971, HAL.
    • Handle: RePEc:hal:journl:hal-04254971
    Note: View the original document on HAL open archive server: https://hal.umontpellier.fr/hal-04254971
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    References listed on IDEAS

    as
    1. Robert Boyer, 1978. "Les salaires en longue période," Économie et Statistique, Programme National Persée, vol. 103(1), pages 27-57.
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    3. Artus, Patrick & Avouyi-Dovi, Sanvi & Laffargue, Jean-Pierre, 1993. "A disequilibrium econometric model of the French economy with two sectors and endogenous prices and investment," Economic Modelling, Elsevier, vol. 10(1), pages 2-10, January.
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