Ce papier revoit la problématique du choix d’un régime de change pour les économies émergentes. Nous revoyons la littérature théorique et empirique sur la question en attachant une attention particulière à l’évolution des régimes de change (éventuelle disparition des régimes...

Nous cherchons dans le sillage de travaux tels que Agénor (2004) ou Duttagupta et al (2004) à identifier les principales conditions que doit remplir au préalable une économie avant l’adoption d’un régime de flottement pur du taux de change. Ces dernières englobent le développement du...

He seems that the literature about the costs ofr inflation remins weak with a lake of empirivcal assessment of this fact. Thus the interest of the following study. Thus in a first time with an convanable measure of Supply Shocks in otherterms of relative prices variability we assess on the cost...

In the context of the theory of the optimum currency areas, Frankel and Rose [1998] have proposed the endogeneity thesis of the optimality criteria which they demonstrate by highlighting a significantly positive relation between business cycles synchronization and trade intensity of the monetary...

The latest current of classic school has put emphasis on central bank credibility and therefore monetary policy credibility as factor of efficiency of the monetary policy in terms of realisation of final objective. That is how in CEMAC zone, we have seen monetary reforms which going implicitly...

The main difference on the distinct issue about the Rex considering mainly the development made since the Advent and occurrence of these Models of Behavourial Exchange Rate, BEER and NATRex, the main purpose have been the treatment of such variables as unemployment or the external position as...

This study analyzes the choice of the optimal exchange rate regime for a small open economy, Nigeria. On the basis of structural VAR modeling, we introduced the pass-through question in order to respond to the choice of the optimal exchange rate regime for Nigeria, based on the anchoring of the...

Dans un modèle à deux pays où on considère le policy-mix en réponse à des chocs, on examine la question de savoir si le gain résultant de la coordination des politiques budgétaires entre pays est plus élevé en union monétaire qu'en change flexible. On montre tout d'abord que...

This paper studies the choice of the exchange rate regime in emerging and developing countries. The literature on exchange rate regimes is often based either on theoretical models or on empirical analysis. Our paper presents a different perspective by developing a theoretical model which is...