This paper aims at investigating first, the (possibly time-varying) empirical relationship between price and financial stability, and second, the effects of some macro and policy variables on this relationship in the United States and the Eurozone. Three empirical methods are used to examine the...

This paper contributes to the debate on EMU fiscal governance. We simulate a small-scale macroeconomic model with forward-looking agents, augmented with a public finance block. We account for positive (output stabilization) and negative (via risk premia) effects of debt and deficit. We compare...

[eng] Some uncertainty Forecast for the world economy in 2000 and 2001 Division Economie Internationale World GDP is expected to decelerate from 4.8 percent in 2000, the fastest rate of growth since 1984, to 4.1 in 2001. The raise in oil priees and the tightening of monetary policies over the...

[eng] All together ? Forecast for the world economy in 2000 and 2001 Division economie internationale Activity is expected to expand rapidly in many parts of the world economy (4,2 % in 2000 and 3,9 % in 2001), except in Japan where an excess of capacity still impediments growth. Asian emerging...