Working Paper n°2017-02 – The financialisation-offshoring nexus and the capital accumulation of U.S. nonfinancial firms – Tristan Auvray (CEPN) et Joel Rabinovich (CEPN)

Authors

Tristant Auvray
Membre du CEPN – Université Paris 13
tristan.auvray  [at] univ-paris13.fr

Joel Rabinovich
Membre du CEPN – Université Paris 13
joel.rabi [at] gmail.com

Abstract

The financialisation of the nonfinancial corporation has drawn the attention of many scholars who have identified two channels by which financialisation happens: a higher proportion of financial assets compared to nonfinancial ones and a higher amount of resources distributed to financial markets. One of the consequences of this is …[Lire la suite]

Working Paper n°2017-03 – What drives markups? Evolutionary pricing in an agent-based stock-flow consistent macroeconomic model – Pascal Seppecher (CEPN) Isabelle Salle (Utrecht University) et Marc Lavoie (CEPN)

This paper studies coordination between firms in a multi-sectoral macroeconomic model with endogenous business cycles. Firms are both in competition and interdependent, and set their prices with a markup over unit costs. Markups are heterogeneous and evolve under market pressure. We observe a systematic coordination within firms in each sector, and between each sector. The resulting pattern of relative prices are consistent with the labor theory of value. Those emerging features are robust to technology shocks.

Keywords: …[Lire la suite]

Expiré : 2017/02/28 – 28 février – Séminaire d’économie politique – Julien Vauday (CEPN)

Le prochain séminaire d’économie politique aura lieu le mardi 28 février de 12h30 à 14h en salle K301.

Nous recevons Julien Vauday (CEPN) sur le thème Politique privée et prêts multilatéraux. Vous trouverez le résume ci-dessous.

Firms’ interests are nowadays disseminated worldwide. When a country is facing an economic crisis, many foreign firms’ interests may be threatened. This paper provides a theoretical modeling of private sector lobbies’ influence on governments in view …[Lire la suite]

Global Intermediation and Logistics Service Providers
Coordonné par Laurence Saglietto et Cécile Cezanne

 

Global Intermediation and Logistics Service Providers

Laurence Saglietto (Côte d’Azur University/GREDEG, France) and

Cécile Cezanne (University Paris 13 Sorbonne Paris Cité/CEPN, France)

Préface de Christine Harland
IGI Global |Copyright: © 2017 |Pages: 412

Avec la participation pour le CEPN de : Isabelle Liotard (chapitre 6) et Tristan Auvray et Sandra Rigot (chapitre …[Lire la suite]