The hysteresis terminology has mainly been used in two fields of economics, unemplyment and international trade, with a different meaning however, involving either linear autoregressive macro behaviour or non- linear heterogenous mico behaviour. There may nonetheless be observational equivalence...

Hysteresis is one of the main concepts used in Layard, Nickell and Jackman's book, Unemployment: Macroeconomic Performance and the Labour Market. Attempts to clarify the concept of hysteresis, from its formal representation to its empirical applications. Emphasizes the idea that hysteresis...

Hysteresis is one of the main concepts used in Layard, Nickell and Jackman′s book, Unemployment: Macroeconomic Performance and the Labour Market . Attempts to clarify the concept of hysteresis, from its formal representation to its empirical applications. Emphasizes the idea that hysteresis...

How could it be that, starting with a Keynesian-Marxian economic programme, the Socialists decided in 1983, two years after coming to power in France, to adopt a diametrically opposed economic policy? The desinflation competitive, which has been maintained for fifteen years, comprises an almost...

This chapter does not consider the rise in pension funds as the centre of an accumulation regime under a kind of pure economic and financial problematic. It proposes that this rise puts into play – and the things related with it – the implicit political program that pension funds are...