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12
pages
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Français
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Documents
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1999
Description
Revue économique - Année 1999 - Volume 50 - Numéro 3 - Pages 393-403Organisational choice in an unstable environment: a macroeconomic perspective
According to Aoki [86], a firm's organisational choice depends on the product market instability. In order to assess the macroeconomic consequences of this statement, we embed a tradeoff between reactivity and production process efficiency into a model of growth through creative destruction. General equilibrium analysis outlines macroeconomic strategic complementarities, who generate multiple equilibria. In particular, we find that a rise in the skilled labour supply may increase the skill premium.
Organisational choice in an unstable environment: a macroeconomic perspective
According to Aoki [86], a firm's organisational choice depends on the product market instability. In order to assess the macroeconomic consequences of this statement, we embed a tradeoff between reactivity and production process efficiency into a model of growth through creative destruction. General equilibrium analysis outlines macroeconomic strategic complementarities, who generate multiple equilibria. In particular, we find that a rise in the skilled labour supply may increase the skill premium.
11 pages
Source : Persée ; Ministère de la jeunesse, de l’éducation nationale et de la recherche, Direction de l’enseignement supérieur, Sous-direction des bibliothèques et de la documentation.
According to Aoki [86], a firm's organisational choice depends on the product market instability. In order to assess the macroeconomic consequences of this statement, we embed a tradeoff between reactivity and production process efficiency into a model of growth through creative destruction. General equilibrium analysis outlines macroeconomic strategic complementarities, who generate multiple equilibria. In particular, we find that a rise in the skilled labour supply may increase the skill premium.
Organisational choice in an unstable environment: a macroeconomic perspective
According to Aoki [86], a firm's organisational choice depends on the product market instability. In order to assess the macroeconomic consequences of this statement, we embed a tradeoff between reactivity and production process efficiency into a model of growth through creative destruction. General equilibrium analysis outlines macroeconomic strategic complementarities, who generate multiple equilibria. In particular, we find that a rise in the skilled labour supply may increase the skill premium.
11 pages
Source : Persée ; Ministère de la jeunesse, de l’éducation nationale et de la recherche, Direction de l’enseignement supérieur, Sous-direction des bibliothèques et de la documentation.
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Publié par
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Publié le
01 janvier 1999
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Langue
Français