[eng] Due to the likely ageing of the French population over the coming decades, the future financing of the current public, « pay-as-you-go » pension system is quite worrisome. If the currently foreseen stagnation of the population materializes, a choice will have to be made between keeping...

[eng] This article highlights the considerable loss of monetary and exchange rate sovereignty implied both by the the process of monetary integration in Europe and by the liberalization of capital flows wor- Idwilde and among European countries. A first section reviews the monetary history of...

[eng] The slowdowns that had started in 1989 had been disrupted by two sorts of events. On one hand they had been magnified by the Gulf crisis ; on the other one they had been weakened or delayed in some european countries by the reunification of Germany. Today the worse is behind us. 1992 will...

[eng] This paper presents a first attempt to endogenize exchange rates and interest rates in the MIMOSA multinational macroeconometric model, jointly built and used by the CEPII and the OFCE. We briefly survey the hypothesis, structure and properties of the main models proposed by the economic...

[eng] The French Economy During the Presidency of General de Gaulle Jean-Marcel Jeanneney From 1949 to 1957, the growth of the French economy has been about as strong as that of the other western economies, but it has beer characterized by disequilibra which had led, in 1958, to great...

[eng] Two years after the breakdown of the Berlin wall, partners of Germany do not feel hopeful but desappointed. Growth was restricted to West Germany ; meanwhile, the rest of Europe went deeper and deeper into recession. Whose fault is it ? Not of reunification itself : immigrants flows to...

[eng] This paper presents the results of an empirical investigation of the effects of an exogeneous real interest rate shock on the French economy. We used two vectorial autoregressive models and analysed the dynamics of the impulse response functions. The first model is built with real...

[fre] La chronique de Louis Dirn porte sur des tendances de la société. Nous avons pensé utile de proposer une chronique sur l'état de l'opinion française qui a été établie par le CESEM. Le «coup de cafard » des Français en 1991 n'est pas justifié par la conjoncture économique, sauf...

[fre] Après une analyse d'actualité sur les opinions contrastées des Européens à l'égard de l'Europe, cette chronique est centrée sur plusieurs tendances qui ont subi une inflexion nette, ou même un retournement dans les années récentes. La négociation sociale dans les entreprises,...