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[eng] International organisations define the cyclical balance in terms of the impact of the fluctuations in present activity on the public balance. We suggest an alternative method, based on the estimation of aVARmodel having as variables the deficit expressed in GDP points and the GDP growth...
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[fre] Le prix des carburants est plus sensible à une hausse qu’à une baisse du brut . . La présence d’asymétries significatives dans la transmission des chocs sur le prix du pétrole brut au prix à la pompe hors taxe est confirmée par une approche économétrique sur données...
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The paper aims at assessing the net impact of the accumulation of Information and Communication Technologies (ict) capital on the economy. In a first part, focusing on the supply-side of the economy, we show that the growth accounting methodology cannot provide us with a measure of the net...
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