WorldCat Identities

Michel, Philippe

Overview
Works: 199 works in 411 publications in 2 languages and 3,062 library holdings
Genres: Textbooks 
Roles: Author, Editor, Thesis advisor, Honoree
Classifications: HB172.5, 339
Publication Timeline
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Most widely held works by Philippe Michel
A theory of economic growth : dynamics and policy in overlapping generations by David De la Croix( )

24 editions published between 2002 and 2008 in English and Undetermined and held by 1,901 WorldCat member libraries worldwide

"This book provides an in-depth treatment of the overlapping generations model in economics incorporating production. In chapter 1, the authors investigate competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues, including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4, and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation
Cours de mathématiques pour économistes by Philippe Michel( Book )

12 editions published between 1984 and 1989 in French and held by 188 WorldCat member libraries worldwide

Desequilibres en economie ouverte( Book )

5 editions published in 1985 in French and Undetermined and held by 98 WorldCat member libraries worldwide

Analyse dynamique des populations : les approches démographiques et économiques by Marie-Christine Thaize-Challier( Book )

5 editions published in 1996 in French and held by 88 WorldCat member libraries worldwide

Dynamique des prix industriels en France by David Encaoua( Book )

4 editions published in 1986 in French and Undetermined and held by 82 WorldCat member libraries worldwide

Monnaie, dette et capital by Bertrand Crettez( Book )

2 editions published in 1999 in French and held by 75 WorldCat member libraries worldwide

"Cet ouvrage propose une analyse économique de la monnaie qui s'appuie sur un modèle macro-économique canonique: le modèle à génération imbriquées. La monnaie est introduite sous la forme d'une contrainte de liquidité qui oblique chaque agent à détenir des encaisses monétaires préalables. Il s'adresse aux étudiants à partir du niveau de la licence"--Page 4 of cover
Croissance et accumulation en déséquilibre( Book )

7 editions published in 1982 in French and Undetermined and held by 56 WorldCat member libraries worldwide

Which rules rather than discretion in a democracy? : an axiomatic approach by David H Cohen( Book )

8 editions published between 1990 and 1991 in English and Undetermined and held by 27 WorldCat member libraries worldwide

This paper sets a framework for analysing how memoryless voters may come to elect and re-elect a committed policy-maker. Policy-makers, we assume, are trusted to implement the policy that they announce ex ante (and do implement it, if elected and re-elected). Voters, however, are never bound by their previous votes. With no restrictions imposed on the ex ante announcements of the policy-makers, no commitment is, in general, feasible. (As we argue in the text, the Barro-Gordon framework is an exception.) What we show in the paper is how a (natural) set of axiomatic restrictions imposed on the set of policy announcements may yield an unambiguous stationary state towards which all policy announcements will converge
Intergenerational altruism and neoclassical growth models by Philippe Michel( Book )

5 editions published between 2004 and 2005 in English and held by 23 WorldCat member libraries worldwide

Which 'simple' rules rather than discretion? by Daniel Cohen( Book )

4 editions published in 1991 in English and Undetermined and held by 18 WorldCat member libraries worldwide

The dynamic inconsistency of a government's preferred policy, when it occurs, usually implies that the maximum level of welfare that can be delivered at some initial time can only be attained by constraining the economy to 'low' levels in the future. In this paper, we set up a linear quadratic model in which the 'best' policy rule which is looked for today is subject to the constraint of always delivering in the future a given reservation level of welfare which in equilibrium is the level that the 'best' policy itself offers to deliver. We fully characterize the solutions to this problem in the cases when the government policies are constant, linear and kinked linear
Fiscal policy with agents differing in altruism and in ability by Philippe Michel( Book )

7 editions published between 2002 and 2004 in English and held by 18 WorldCat member libraries worldwide

Debt stabilizing fiscal rules by Philippe Michel( Book )

2 editions published in 2006 in English and held by 14 WorldCat member libraries worldwide

Public pensions and growth by Stephane Lambrecht( Book )

2 editions published in 2001 in English and held by 14 WorldCat member libraries worldwide

Bubbles slowing down economic growth by Philippe Michel( Book )

6 editions published in 1992 in English and held by 12 WorldCat member libraries worldwide

Self-control and savings by Philippe Michel( Book )

2 editions published in 2003 in English and held by 12 WorldCat member libraries worldwide

Self-control and savings by Philippe Michel( Book )

1 edition published in 2003 in English and held by 9 WorldCat member libraries worldwide

Singular demand systems as an instrument of scientific discovery by Camille Bronsard( Book )

7 editions published in 1995 in English and French and held by 9 WorldCat member libraries worldwide

How should control theory be used by a time-consistent government? by Daniel Cohen( Book )

3 editions published in 1986 in English and held by 9 WorldCat member libraries worldwide

It has been recognized that the optimal strategy of a government is generally time-inconsistent: optimality requires that the government take into account expectations effects in the formulation of its policy and to ignore these effects when applying the policy. In order to analyse the problem, we study different solutions to a simple one-dimensional linear quadratic game. The optimal but time-inconsistent solution appears to be paradoxical: in the long term, the government plays against its objective function, in order to induce the private sector to take early corrective measures. The time-consistent solution, by contrast, is defined as a solution to the Hamilton-Jacobi-Bellman equation, i.e. as a policy where the government has no-precommitment capability. We demonstrate that this solution can be obtained by imposing the assumption that the government does not take into account the private sector's first order conditions but instead takes as given an equilibrium feedback rule. This solution is compared to a policy where the government has an "instantaneous" precommitment, to a Cournot-Nash equilibrium and to an optimal policy rule. In each case, we show how control theory should or should not be applied to calculate the equilibrium
Discrete time finite horizon approximation of optimal growth with steady state invariance by Jean Mercenier( Book )

5 editions published in 1991 in English and held by 8 WorldCat member libraries worldwide

Temporal aggregation in a multi-sector economy with endogenous growth by Jean Mercenier( Book )

6 editions published in 1995 in English and French and held by 8 WorldCat member libraries worldwide

 
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A theory of economic growth : dynamics and policy in overlapping generations
Covers
Alternative Names
Michel, P.

Michel, P. 1937-2004

Michel, P. -2007

Michel, P. (Philippe)

Michel, P. (Philippe), 1937-2004

Michel, P., professeur

Michel, Ph. -2007

Michel, Philippe professeur

Philippe Michel economista francés

Philippe Michel economista francés (1937–2004)

Philippe Michel French mathematical economist

Philippe Michel Wirtschaftswissenschaftler/in (Tätig an der IUF, GREQAM, Univ. de la Mediterranée, Marseille ; CORE, Univ. Catholique de Louvain; Tätig am IUF-EUREQua, France; Tätig an der Univ. de Paris-1)

Tiercin, Philippe -2007

Languages
English (77)

French (34)