Taux de change d’équilibre et mesure de la compétitivité au sein de la zone euro
AbstractL’évolution du taux de change peut être un indicateur de déséquilibres macroéconomiques. L’estimation du taux de change d’équilibre reste toutefois un exercice difficile et plusieurs approches sont proposées par la littérature. L’application de ces méthodes aux pays de la zone euro à partir de 2000 montre que l’analyse de cet indicateur garde toute sa pertinence au sein d’une union monétaire.
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Bibliographic InfoArticle provided by Banque de France in its journal Bulletin de la Banque de France.
Volume (Year): (2012)
Issue (Month): 190 ()
taux de change d’équilibre; compétitivité; inflation; zone euro.;
Other versions of this item:
- C. Durand. & C. Lopez., 2012. "Equilibrium exchange rate and competitiveness within the euro area," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 28, pages 87-100, Winter.
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Gaulier, G. & Vicard, V., 2012.
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Bulletin de la Banque de France,
Banque de France, issue 189, pages 47-64.
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"Convergence of Euro Area Inflation Rates,"
326, Banque de France.
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- Matthieu Bussiere & Georgios Chortareas & Rebecca Driver, 2003.
"Current Accounts, Net Foreign Assets and the Implications of Cyclical Factors,"
Eastern Economic Journal,
Eastern Economic Association, vol. 29(2), pages 269-286, Spring.
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- Bussière, Matthieu & Chudik, Alexander & Mehl, Arnaud, 2011. "Does the euro make a difference? Spatio-temporal transmission of global shocks to real effective exchange rates in an infinite VAR," Working Paper Series 1292, European Central Bank.
- Jean Imbs & Isabelle Mejean, 2010. "Trade Elasticities: A Final Report for the European Commission," European Economy - Economic Papers 432, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
- Bussière, Matthieu & Ca' Zorzi, Michele & Chudik, Alexander & Dieppe, Alistair, 2010. "Methodological advances in the assessment of equilibrium exchange rates," Working Paper Series 1151, European Central Bank.
- Rebecca L Driver & Peter F Westaway, 2005. "Concepts of equilibrium exchange rates," Bank of England working papers 248, Bank of England.
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