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La convergence est-elle nécessaire à la création d'une zone monétaire ? Réflexions sur l'étalon or 1880-1914

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  • Marc Flandreau
  • Jacques Le

Abstract

La convergence est-elle nécessaire à la création d’une zone monétaire ? Le traité de Maastricht a répondu par l’affirmative en faisant d’un certain nombre de critères formels portant sur le niveau des dettes publiques, des déficits, des taux d’intérêt à long terme et des rythmes d’inflation, des conditions préalables à la formation d’un noyau Euro, ainsi qu’à l’admission ultérieure de nouveaux membres. Il y aurait ainsi une « zone d’acceptabilité » vers laquelle la convergence serait indispensable avant de pouvoir procéder plus avant.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): n° 58 (1996)
Issue (Month): 3 ()
Pages: 5-41

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Handle: RePEc:cai:reofsp:reof_p1996_58n1_0005

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Web page: http://www.cairn.info/revue-de-l-ofce.htm

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  1. Tamim Bayoumi, 1990. "Saving-Investment Correlations: Immobile Capital, Government Policy, or Endogenous Behavior?," IMF Staff Papers, Palgrave Macmillan, vol. 37(2), pages 360-387, June.
  2. Martin Feldstein & Charles Horioka, 1979. "Domestic Savings and International Capital Flows," NBER Working Papers 0310, National Bureau of Economic Research, Inc.
  3. Neal, Larry, 1985. "Integration of International Capital Markets: Quantitative Evidence from the Eighteenth to Twentieth Centuries," The Journal of Economic History, Cambridge University Press, vol. 45(02), pages 219-226, June.
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Cited by:
  1. Antoine Parent & Christophe Rault, 2005. "The Influences Affecting French Assets Abroad Prior 1914," Documents de recherche 05-14, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.

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