Advanced Search
MyIDEAS: Login to save this paper or follow this series

Régimes Monétaires et Théorie Quantitative du Produit Nominal au Portugal (1854-1998)


Author Info

  • João Sousa Andrade

    (GEMF and Faculdade de Economia, Universidade de Coimbra)


L’économie portugaise, comme d’ailleurs d’autres économies occidentales, a connu différents régimes monétaires depuis la moitié du XXe siècle. Nous voulons savoir si la théorie quantitative de la monnaie appliquée au revenu nominal, et non aux prix, peut expliquer le comportement du revenu nominal dans différents régimes monétaires. Nous concentrons notre analyse sur les périodes suggérées par les historiens économiques et nous les concentrons en utilisant la méthodologie de Bai-Perron pour l’identification des ruptures structurelles des séries temporelles. Après avoir pris la décision de savoir quelles périodes utiliser et connaissant les caractéristiques de stationnarité de l’offre de monnaie et du revenu nominal, nous appliquons la méthode de co-intégration de Johansen à ces deux séries. Notre conclusion est très intéressante : la théorie quantitative du revenu nominal de la monnaie ne peut être appliquée au régime de l’étalon-or. La confirmation empirique suggère que cette théorie ne peut être appliquée que dans un régime de monnaie inconvertible.

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.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by GEMF - Faculdade de Economia, Universidade de Coimbra in its series GEMF Working Papers with number 2003-06.

as in new window
Length: 45 pages
Date of creation: 2003
Date of revision:
Publication status: Published in Notas Económicas, 20: 63-88, 2004.
Handle: RePEc:gmf:wpaper:2003-06

Contact details of provider:
Postal: Av. Dias da Silva, 165, 3004-512 COIMBRA
Phone: + 351 239 790 500
Fax: +351 239 403511
Web page:
More information through EDIRC

Related research

Keywords: Portugal; régimes monétaires; offre de monnaie; neutralité de la monnaie; ruptures structurelles; racines unitaires et co-intégration;

Other versions of this item:

Find related papers by JEL classification:


No references listed on IDEAS
You can help add them by filling out this form.



This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:gmf:wpaper:2003-06. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sara Santos).

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.