Inflation anticipée, politique monétaire et taux d'intérêt aux Etats-Unis
Abstract
[fre] Inflation anticipée, politique monétaire et taux d'intérêt aux Etats-Unis. . On estime dans cet article sur données mensuelles une fonction de réaction par les taux courts des autorités monétaires américaines, réalisée en y intégrant l'inflation prévue, période par période, à l'aide d'un modèle structurel et multi-sectoriel de la boucle prix-salaires aux États-Unis. La comparaison avec les résultats obtenus en utilisant les prix observés permet de se demander si la FED réagit bien en fonction d'anticipations d'inflation. On utilise aussi ces séries de prix pour estimer une équation de structure par terme des taux d'intérêt aux États-Unis. [eng] Expected inflation, monetaty policy and interest rates in the united states. . After having estimated a small model explaining wages and priees in the United States, we use this model to generale rational inflationnary expectations. We try to introduce those expectations in the Fed's reaction function on interest rates and in the term structure of interest rates equation, to analyse the extent of forward-looking behavior of the monetary authorities and of the public.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic Info
Article provided by Programme National Persée in its journal Revue économique.
Volume (Year): 41 (1990)
Issue (Month): 3 ()
Pages: 581-598
Note: DOI:10.2307/3501868
Contact details of provider:
Web page: http://www.persee.fr/web/revues/home/prescript/revue/reco
Related research
Keywords:Other versions of this item:
- Sani Avouyi-Dovi & Patrick Artus, 1990. "Inflation anticipée, politique monétaire et taux d'intérêt aux Etats-Unis," Revue économique, Presses de Sciences-Po, vol. 0(3), pages 581-598.
References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_1990_num_41_3_409223For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.