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-term inflation objectives. In the long term, monetary policy is most effective in achieving its objectives when the inflation target … is changed in response to the new economy and when the monetary authority attempts to stabilize both inflation and output … for in changing the assessment of the potential growth rate and the inflation target. …
Persistent link: https://www.econbiz.de/10005650259
Dans cette contribution, nous tentons de mener une analyse sur la compatibilité du comportement de l'Eurosystème en matière de conduite de la politique monétaire avec la règle dite de Taylor. Cette dernière a pour ambition d'établir une ligne de conduite qui s'impose aux autorités...
Persistent link: https://www.econbiz.de/10009276977
Persistent link: https://www.econbiz.de/10015139443
Persistent link: https://www.econbiz.de/10001006919
-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …
Persistent link: https://www.econbiz.de/10015213529
sensitive to the inflation gap than the current output-gap but depends on the past values of the latter at the short tee. In the … long term, only the difference between observed inflation and expected inflation influences the tau. of direct interest to …
Persistent link: https://www.econbiz.de/10015213668
sensitive to the inflation gap than the current output-gap but depends on the past values of the latter at the short tee. In the … long term, only the difference between observed inflation and expected inflation influences the tau. of direct interest to …
Persistent link: https://www.econbiz.de/10015213670
sensitive to the inflation gap than the current output-gap but depends on the past values of the latter at the short tee. In the … long term, only the difference between observed inflation and expected inflation influences the tau. of direct interest to …
Persistent link: https://www.econbiz.de/10015213671
, flexible price LM curve makes it possible to specify the expected inflation rate dynamics within an analytical framework …
Persistent link: https://www.econbiz.de/10015215892
établissant leurs liens avec le cycle économique (croissance et inflation). Nous proposons ensuite, tout en apportant quelques … la politique dans une période caractérisée par une faible inflation et une forte volatilité. Après avoir comparé les …
Persistent link: https://www.econbiz.de/10015215919