[fre] L'inflation est un puissant mécanisme de redistribution des richesses. Elle affecte particulièrement les patrimoines financiers, en induisant des transferts réels entre créanciers et débiteurs. En dépit des difficultés statistiques, il est possible d'évaluer l'ordre de grandeur de...

[fre] Instrument permanent de la politique monétaire française depuis 1973, l'encadrement du crédit a été reformé en 1985. A cette occasion l'article fait le point sur les avantages et les inconvénients du système. L'encadrement du crédit a été l'instrument principal d'une politique...

[eng] This article makes a comparison between the two experiments of fiscal reflation carried out in France over the past ten years. The reflation enforced by Mr. Chirac's Government in 1975 relied upon special social security benefits, high increases in private industrial and public investment,...

[eng] Since the end of 1982, economic growth has remained slow and atypical in West Germany ; GNP rose by an annual rate of 2 %, compared to 5 % during the 1975 recovery. The cumulative internal mechanisms that one may expect along with a recovery are barely present ; the recovery remains...

[fre] On présente l'estimation sur données françaises d'un modèle d'économie d'endettement dont les principales caractéristiques résultent des hypothèses suivantes. Les ménages placent l'essentiel de leur épargne sous forme monétaire. Le marché des titres est donc de petite...

[eng] According to the forecasts established with the help of the quaterly OFCE model, the main features of the evolution of french economy in 1985, 1986 should be the deceleration of inflation, the recovery of corporate profits and the return to an external trade excédent. The slowing down of...

[eng] Economic developments have been less spectacular in Europe than in the United States over the past two years, but have probably laid firmer foundations for sustained growth. Strict fiscal policies have indeed resulted in the beginnings of a decline in structural deficits but have also...

[eng] Is there a crisis or strengthening of trade-unionism ? On the one hand, the disaffection of members and militants is evident ; on the other, there is a more and more pronounced participation of trade-unions in the management of various economic institutions, and, above all, a unanimous...

[fre] Les prévisions que le département ďéconométrie de l'OFCE a effectuées pour l'année 1984 peuvent maintenant être comparées à la description de l'évolution économique que fournissent les comptes nationaux et les comptes trimestriels. Il apparaît que nous avions correctement...

[eng] The gap between American and European growth rates vanishes. But there is little evidence that the old countries can go ahead in the near future. During the past three years American investors have done a lot. Housebuilding and the service sector fully benefited by it, but many...