[fre] Un modèle économétrique en déséquilibre de l'économie française à deux secteurs, avec des prix et un investissement endogènes, . par Patrick Artus, Sanvi Avouyi-Dovi, Jean-Pierre Laffargue. . . Une maquette en déséquilibre de l'économie française, qui distingue deux secteurs,...

This paper considers a disequilibrium model of the French economy. This model includes a tradable and a nontradable sectors, investment behaviours of these sectors, and has been estimated over the period 1964/4-1984/4. A regime of excess demand had prevailed in the tradable goods sector from...

[eng] A Disequilibrium Macroeconometric Model of the French Economy with two Sectors and Endogenous Investment Patrick Artus, Sanvi Avouyi-Dovi, Jean-Pierre Laffargue This paper presents a two sector, (tradable and non tradable) disequilibrium model, with endogenized investment, for France. The...

This paper gives an interpretation of the working of the EMS in the eighties. On one hand French franc, Belgium franc, and Irish pound, appear to have been stabilized around implicit central parities, which were revised from time to time. On the other hand, lira and Danish crown have followed a...

[eng] target zones and stabilizing expectations : theory and application to the european monetary system. . A target zone system constrains member countries to keep their bilateral exchange rates inside fixed ban s. The theory of exchange rate under such a regime bas known major developments for...