This work aims at analysing the dynamics of macroeconomic fluctuations in Cameroon, using a semi-structural VAR to determine the sources of its macroeconomic fluctuations. The results obtained point out that the macroeconomic fluctuations in Cameroon, even though influenced by external shocks,...

This paper presents some aspects of the consequences of the global crisis in the Asia-Pacific area. In a first section, the mechanisms and the development of the subprime crisis are briefly recalled. In a second section, the effects of the crisis concerning the countries of the region are...

In this work, we are interested in studying the profile synchronization between world economies before and after the concept of globalization and economic integration. Initially, an analysis of features of macroeconomic fluctuations is developed. Two approaches have been developed;the traditional...

This article offers elements to assess the effects of the world economic crisis in the Asia-Pacific region. The mechanisms and development of the subprime crisis are briefly recalled in order to examine how far they reach in the area. Examining the situation of the area’s economies, with a...

This article offers elements to assess the effects of the world economic crisis in the Asia-Pacific region. The mechanisms and development of the subprime crisis are briefly recalled in order to examine how far they reach in the area. Examining the situation of the area’s economies, with a...

This paper intend to keep some lessons from the recent crisis for the monetary and fiscal stabilization policies. We develop six propositions about these policies : The monetary policy may be wrongly orientated before a crisis ; The non-orthodox monetary actions are effective but dangerous; The...

Using the annual data of real GDP from 1970 to 2010, this paper examines the synchronization of business cycles in the WAEMU. Two methods are used. First we calculate the cross correlations between cyclical components of real GDP of the different economies of the Union. The study then evaluate...

Using the annual data of real GDP from 1970 to 2010, this paper examines the synchronization of business cycles in the WAEMU. Two methods are used. First we calculate the cross correlations between cyclical components of real GDP of the different economies of the Union. The study then evaluate...

This working paper presents a new coincident economic indicator developed by the COE, able to detect in real time peaks and troughs of the american business cycle. This probabilistic indicator is based on the Markov-Switching model proposed by Hamilton (1989), applied to various economic time...

Using the annual data of real GDP from 1970 to 2010, this paper examines the synchronization of business cycles in the WAEMU. Two methods are used. First we calculate the cross correlations between cyclical components of real GDP of the different economies of the Union. The study then evaluate...