Cet article analyse les interactions entre l’emploi public et les performances du marché du travail dans les pays en développement. Si dans les pays développés il est montré que l’emploi public évince l’emploi privé et accroît le chômage, notre contribution théorique suggère que...

The recent rise in oil prices has brought concern about its eventual impact on economic growth. However, empirical studies seem to be reassuring. Actually, the link between oil prices and GDP growth estimated since the mid 80s is not as strong as it was before the mid 80s. Several explanations...

Until the current economic crisis, the recovery capacity of the American and French labour markets had often been compared. The United States had been considered more "resilient", namely more affected by cyclical shocks in the short term but more quickly coming back to their initial path in the...

This paper proposes two new coincident probabilistic cyclical indicators developed by the Bank of France in order to follow, on a monthly basis, the French economic activity. The first one is an indicator which aims at detecting the turning points of the acceleration cycle while the second one...

The Economic Cycle Theory, having been a somehow abandoned during several decades, returns to get important with the recent World Financial Crisis 2007-2010. This book, based upon a theses sustained in 2007, advances and argues the possibility of an almost unavoidable world cyclic plunge of...

The Economic Cycle Theory, having been a somehow abandoned during several decades, returns to get important with the recent World Financial Crisis 2007-2010. This book, based upon a theses sustained in 2007, advances and argues the possibility of an almost unavoidable world cyclic plunge of...

The Economic Cycle Theory, having been a somehow abandoned during several decades, returns to get important with the recent World Financial Crisis 2007-2010. This book, based upon a theses sustained in 2007, advances and argues the possibility of an almost unavoidable world cyclic plunge of...

The Economic Cycle Theory, having been a somehow abandoned during several decades, returns to get important with the recent World Financial Crisis 2007-2010. This book, based upon a theses sustained in 2007, advances and argues the possibility of an almost unavoidable world cyclic plunge of...

Detrending time series and isolating cyclical fluctuations is crucial for business cycle analysis and definition of economic policy. Band-pass filters provide a set of statistical methods to extract the cycle, defined according to a specified range of periodicities. Christiano and Fitzgerald...

This paper assesses consequences of foreign aid reduction on WAEMU economies and the various adjustment mechanisms that must be implemented internally to support this situation. Indeed, using a computable dynamic recursive general equilibrium model of Décaluwé et al., (2013) calibrated on each...