In this article, we use recently developed oanel causality and cointegration techniques to examine the long-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...

In this article, we use recently developed panel causality and cointegration techniques to examine the long-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...

In this article, we model the various budgetary states of the eight member countries of the WAEMU using Markov Chains. A panel of 512 observations was constructed from BCEAO database covering the period 1960-2023. Our results highlight a dispersed convergence of states towards the budget deficit...

In this article, we model the various budgetary states of the eight member countries of the WAEMU using Markov Chains. A panel of 512 observations was constructed from BCEAO database covering the period 1960-2023. Our results highlight a dispersed convergence of states towards the budget deficit...

The concept of ‘mode of coordination’ captures the way economy is embedded in social relationships and influences the integration of society through an ‘instituted process.’ Three main typical or ideal modes of coordination have been identified in the literature, namely the market, the...

The nominal convergence knows regular monitoring and a growing interest in the WAEMU countries. However, few studies have examined the real convergence of the WAEMU countries and in particular the contribution of the convergence, stability and growth pact (PCSC) to the dynamics of the real...

In this paper, it is necessary to establish the degree of surevaluation and volatility of real exchange rate and measure the impact of these distortions in the macroeconomic performance of the WAEMU countries. According to our analysis it appears that the overvaluation and volatility of the TCR...

Economic simulation - as economic pattern simulation use - which is already a useful tool of searchers and managers, would be a tool of economic teacher. When teacher want explain economic theories, he can't do experiment, hence simulation would take place experiment. Simulation is an analytical...

To evaluate the effectiveness of fiscal policy in Tunisia, we use the SVAR approach based on the work of Blanchard and Perotti (2002). Our paper shows the short-term macroeconomic efficiency of a structural increase in budgetary expenditure in Tunisia with a budget multiplier close to 2.7%, in...

This study evaluates the effectiveness of the mechanisms of stabilization of shocks in heterogeneous monetary zone, with an application on the Franc Franc zone. The study assesses the advantages and disadvantages of budget cooperation strategies against non-cooperation. It shows that fiscal...