Joint research unit 7235

The Ricardian Dynamics Revisited

Christian Bidard

The Ricardian dynamics describe the substitution of a new marginal method for an outgoing marginal method when demand increases. The process of extension or intensi…cation of cultivation allows for spasmodic changes in prices and rents but is smooth on the physical side. We criticize the notion of extension of cultivation and show the existence of non-Ricardian equilibria, when some good is not produced by a marginal method. The working of the dynamics requires that the incoming method satisfies a productivity condition which is expressed in algebraic terms. A parallel is drawn between Ricardo’s views on dynamics and the working of a Lemke algorithm for linear complementarity problems.

AGENDA

Thursday 30 November 2023

Colloques et Workshops

Workshop on gender issues and development

Thursday 30 November 2023

Household heterogeneity in macroeconomic models: A historical perspective

Aurélien SAÏDI

Household heterogeneity in macroeconomic models: A historical perspective

Thursday 30 November 2023

Lunch

Aurélien SAÏDI

Household heterogeneity in macroeconomic models: A historical perspective

Thursday 30 November 2023

Valuing climate change costs in presence of climate-induced land use changes

François Bareille (INRAe/PSAE)

Salle 614B de 11h – 12h

Valuing climate change costs in presence of climate-induced land use changes

Thursday 30 November 2023

Développement Durable Environnement et Energie (DDEE)

François Bareille (INRAe/PSAE)

Salle 614B de 11h – 12h

Valuing climate change costs in presence of climate-induced land use changes

Tuesday 5 December 2023

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

Clément Fontan (UC Louvain)

The ECB and the inflation monsters: strategic framing and the responsibility imperative (1998-2023)

Tuesday 5 December 2023

The ECB and the inflation monsters: strategic framing and the responsibility imperative (1998-2023)

Clément Fontan (UC Louvain)

The ECB and the inflation monsters: strategic framing and the responsibility imperative (1998-2023)

Thursday 7 December 2023

Groupe de travail Economie Comportementale

Vincent Lenglin (Université Catholique de Lille)

TBA

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