Ce document donne un apercu de debat actuel sur la prise en compte des prix des actifs par la politique monetaire, se concentrant sur l'evolution des cours des actions aux Etats-Unis. Il passe d'abord en revue les principales causes et consequences de cette evolution, puis resume les arguments...

In this paper we draw upon a recent body of evidence, with particular reference to material produced in the context of an ongoing OECD project on growth. We present an international comparison with special attention given to development in trends of labour productivity, allowing for human...

In this paper we consider a range of topics which connect exchange rates to the economic growth process. In particular, we first of all outline the basic properties of exchange rates when they are flexible. One key feature of flexible exchange rates is that they are highly volatile and such...