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Non-equivalence ricardienne, chocs fiscaux et fluctuations dans une petite economie ouverte

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Author Info
Borgy, V.
Hairault, J-O.

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Abstract

L'objectif de ce papier est, en premier lieu, d'analyser la dynamique induite par des chocs fiscaux dans un modele d'equilibre general intertemporel stochastique dans lequel l'hypothese d'equivalence ricardienne n'est pas verifiee (l'horizon des agents etant plus court que celui du gouvernement). Il s'avere que la dynamique macroeconomique est tres differente selon que l'on considere une taxe forfaitaire ou une taxe distorsive sur la production. En outre, il s'agit d'evaluer la capacite de tels chocs fiscaux a rendre compte des fluctuations de l'economie francaise consideree comme une petite economie ouverte. A cet egard, il semble que nous puissions parler de modele de cycle fiscal, un certain nombre de faits stylises peut, en effet, etre reproduit en ne considerant que ces chocs.

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Publisher Info
Paper provided by Paris I - Economie Mathematique et Applications in its series Papers with number 1999.46.

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Length: 22 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:pariem:1999.46

Contact details of provider:
Postal: France; Universite de Paris I - Pantheon- Sorbonne, 12 Place de Pantheon-75005 Paris, France
Web page: http://cermsem.univ-paris1.fr/
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Related research
Keywords: EQUILIBRE GENERAL POLITIQUE FISCALE MACROECONOMIE

Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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