Under which conditions did Robert Lucas's microfoundational program come to dominate
the field? My article sheds new light on this question. The focus is on why models …

What was driving the estimation of general-equilibrium models with rationing (GEMR)? Our
article explores this issue by focusing on the research led by a group of French …

In this study, we present a survey of (non-Walrasian) disequilibrium economics in which the
gap between expressed demand and supply and between desired and realized transaction …

Before becoming the hallmark of macroeconomics à la Wynne Godley, the “stock-flow”
analysis was already developed in microeconomics and general-equilibrium theory. The …

The thesis aims to address two main questions regarding certain features of liquidity-based
asset classification. A first question is about the validity of such a classification: Does liquidity …

We explore the connections between the Treatise on Money by JM Keynes and the
monetary macroeconomics of Bernard Schmitt. The link is shown to be the role of the bank …