The rise and fall of French disequilibrium macroeconomics: the case of Jean-Pascal Bénassy (1948–2022).

We examine the contributions made by Jean-Pascal Bénassy (1948–2022) to disequilibrium macroeconomics from the mid-1970s to the early-1980s. To assess the achievements made by Bénassy during that period, we focus attention on the following issues: the technology of exchange and the place given to mo...

Descripción completa

Detalles Bibliográficos
Publicado en:European Journal of the History of Economic Thought Vol. 32; no. 3; pp. 397 - 418
Autor principal: Rivot, Sylvie
Formato: Artículo
Publicado: Taylor & Francis Ltd Jun2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:We examine the contributions made by Jean-Pascal Bénassy (1948–2022) to disequilibrium macroeconomics from the mid-1970s to the early-1980s. To assess the achievements made by Bénassy during that period, we focus attention on the following issues: the technology of exchange and the place given to money, the design of effective demand functions and the framing of expectations, price dynamics and the process of price formation, and lastly the three-regimes model and its account of involuntary unemployment.