Showing 1 - 10 of 240
La crise mondiale et celle, plus récente, dans la zone euro ont eu tendance à raccourcir l’horizon prévisionnel et décisionnel de nombreux agents économiques. Dans le même temps, les incertitudes (sur l’emploi, les retraites…) poussent plutôt à la remontée du taux d’épargne des...
Persistent link: https://www.econbiz.de/10008871993
The paper provides an overview of recent asset price developments in France in the light of analytical research carried out at the Banque de France. Like in many other countries, historically low interest rates have boosted asset price dynamics in France over recent years. The paper attempts to...
Persistent link: https://www.econbiz.de/10004998854
The recent rise of excess liquidity in the United States and in the euro zone did not result in a resurgence of inflation. Excess liquidity, rather than heading towards the market of consumer goods, could have moved towards the asset markets. In the data covering the period going from 1980 to...
Persistent link: https://www.econbiz.de/10005056539
Nous présentons la thèse de Feldstein-Horioka (F-H) sur la mobilité du capital et les développements qu’elle a suscités. Il s’agit d’une thèse qui est très ouverte à la possibilité de réfutation et dont l’histoire illustre bien la pensée méthodologique nonnaïve de Karl...
Persistent link: https://www.econbiz.de/10008554124
Les ménages français ont, comme leurs homologues européens, réduit leur effort d’épargne au bénéfice de leur consommation. Leurs choix de placements se sont orientés vers les produits bancaires liquides au détriment de l’assurance-vie.
Persistent link: https://www.econbiz.de/10009228693
À la fin 2010, les résidents français détenaient 5 440 milliards d’euros de titres, soit un encours en légère baisse depuis la fin 2007. De 2007 à 2010, les ménages ont été globalement vendeurs de titres, tandis que les sociétés d’assurance achetaient principalement des valeurs...
Persistent link: https://www.econbiz.de/10009399330
This article studies the impact of monetary policy on real economy in Europe through a particular transmission mechanism: the credit channel. The credit channel is based on the existence of information asymmetries in financial markets that change the agents financing conditions. According to the...
Persistent link: https://www.econbiz.de/10009001095
This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks faced by the economy include that the economy rain shortfalls, oil and food prices and food, and raw materials prices. The economy is submitted to those adverse conditions using...
Persistent link: https://www.econbiz.de/10015268329
This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks suffered by the economy include rain shortfalls, surges in oil, food and raw materials prices. The economy is submitted to those adverse conditions using a multisector DSGE....
Persistent link: https://www.econbiz.de/10015268416
This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks suffered by the economy include rain shortfalls, surges in oil, food and raw materials prices. The economy is submitted to those adverse conditions using a multisector DSGE....
Persistent link: https://www.econbiz.de/10015268420