[eng] This paper investigates the dynamical properties of optimal paths in an exam­ple of one-sector overlapping generations model in which the utility function of the representative agent is non-separable. We show that the optimal growth path may be oscillating and optimal two-period cycles...

[eng] Three factors of the crisis. In a constrained growth model. Philippe Michel. In a simple disequilibrium growth model, we study the effects of rigidities of the costs of energy, labor and capital. We also study the effects of the governrnent consumption decisions. These decisions only...

[eng] Lower hours of work, professionnal qualifications and unemployment. . . This paper analyses the consequences of lower hours of work within the framework of a small open economy with skilled and unskilled workers. There is an incentive constraint on the wages of the skilled workers whereas...