Several Asymptotic Tests Proposed in the Literature Are Shown Not to Be Invariant to Changes in Measurement Units Or, More Generally to Various Transformations Which Leave Both the Model and the Null Hypothesis Invariant. the Test Involved Include the Wald Test, a Variant of the Lagrange...

Nous Introduisons des Effets de Debordement Dynamiques de la Demande Insatisfaite, Dans un Modele de Desequilibre du Marche des Prets Commerciaux aux Etats-Unis. Nos Observations Sont Mensuelles. les Resultats de Notre Etude Suggerent Que, Sur une Base Mensuelle, le Marche des Prets Bancaires...

We Consider in This Paper the Revelation of Quality Through Prices in a Competitive Equilibrium When the Consumers, Which Are All Similar, Do Not Observe Quality Before Buying But Have Rational Expectations About It Conditional on the Price They Observe. We Are Particularly Interested by the...

Dans Cet Article, Nous Examinons le Processus de Ralentissement de la Croissance Salariale Survenu au Canada au Moment de la Grande Recession de 1982. Nous Examinons Si L'experience de la Recession A, En Modifiant les Anticipations Inflationnistes des Agents Economiques, Change la Structure de...

High Real Interest Rates and the Slowing Down of Inflation Are Changing the Nature of the Business Cycle in Canada. the Fast Growing American Economy in the First Half of the Year Has Fostered Economic Growth in Canada in 1984 to a Level Above What Was Initially Forecasted. Business Investment...

Ce texte présente certains des traits mondiaux et nord-américain du nouveau contexte économique, social, cultural et politique dans lequel le Québec doit évoluer. Il presente ensuite un examen des caractéristiques des politiques économiques proposées couramment aux Etas-Unis, par l'OCDE...

This paper characterizes welfarist social evaluation in a multi-profile setting where, in addition to multiple utility profiles, it is assumed that there are several profiles of non-welfare information. We prove new versions of the welfarism theorems in this alternative framework, and we...