Since the euro was launched, divergences in European economies'evolutions have been more significant than generally expected. The article, based on a multinational macroeconomic model describing the interdependence between 14 European countries, examines the role played by relative-price...

[fre] Accumulation et régulation en longue période: emploi, revenu salarial, prix et profit, . par Maurice Basle, Philippe Bautier, Jacques Mazier et Jean- François Vidal. . Les transformations en longue période des régimes d accumulation et des procédures de régulation sont étudiées...

This paper investigates the temporal links between two models of equilibrium exchange rate, namely the behavioral and the fundamental approaches. Our results show that, even though in the long-run they are closely related, important differences are observed for some countries and/or some...