References of "Sneessens, Henri 50003115"
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See detailInvestment Stimulation, with Some Reference to Housing
Drèze, J.H.; Durré, A.; Sneessens, Henri UL

in Recherches Economiques de Louvain (2000), 66(1), 33-53

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See detailUnemployment in Belgium: Lessons from a Macroeconomic Model with Quantity Constraints
Sneessens, Henri UL; Drèze, Jacques H.

in Van der Wee, H.; Blomme, J. (Eds.) The Economic Development of Belgium since 1870 (1997)

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See detailCapacity Utilization and Market Power
Fagnart, J.F.; Licandro, O.; Sneessens, Henri UL

in Journal of Economic Dynamics & Control (1997), 22

We propose a theoretical macroeconomic model where capacity underutilization follows from idiosyncratic demand uncertainty at the time monopolistic firms must choose their productive capacity. After their ... [more ▼]

We propose a theoretical macroeconomic model where capacity underutilization follows from idiosyncratic demand uncertainty at the time monopolistic firms must choose their productive capacity. After their investment decision, firms facing a low demand will typically prefer to run excess capacities rather than reduce their profit margin; firms at full capacity will respond to demand fluctuations solely by price adjustments. We show that the proportion of firms with idle capacities influences crucially the short-run response of the economy to exogenous disturbances and, in particular, the relative importance of price and quantity adjustments. [less ▲]

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See detailInternal Finance and Capital Accumulation in a Dynamic General Equilibrium Model with Credit Constraints
Sneessens, Henri UL; Stefani, Maria Lucia

in Louvain Economic Review - Recherches Economiques de Louvain (1996), 62(2-3), 255-86

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See detailBelgian Unemployment: The Story of a Small Open Economy Caught in a Worldwide Recession
Shadman, Fatemeh; Sneessens, Henri UL

in Drèze, J.H.; Bean, C.R. (Eds.) Europe's Unemployment Problem (1991)

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See detailInvestment and the Inflation-Unemployment Trade-off in a Macroeconomic Rationing Model with Monopolistic Competition
Sneessens, Henri UL

in European Economic Review (1987), 31(3), 781-815

This paper develops a stylized macroeconomic rationing (or disequilibrium) model where the three well-known regimes of Keynesian Unemployment, Classical Unemployment and Repressed Inflation’ are ... [more ▼]

This paper develops a stylized macroeconomic rationing (or disequilibrium) model where the three well-known regimes of Keynesian Unemployment, Classical Unemployment and Repressed Inflation’ are explicitly distinguished and wherein prices and the capital stock are endogenously determined by profit maximizing firms. The framework is one of monopolistic competition. The macroeconomic price and employment relationships are derived by explicit aggregation over individual firms. Because different firms can be in different regimes, the three regimes mentioned above always coexist at the aggregate level and do so in proportions that may vary through time. This is exactly the picture conveyed by business survey results. As a result of competition, the number of firms, hence the aggregate production capacity, adjusts in the long run until pure profits are equal to zero. [less ▲]

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See detailTheory and Estimation of Macroeconomic Rationing Models
Sneessens, Henri UL

Book published by Springer-Verlag (1981)

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