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La politique de change de la zone euro ou le hold-up tranquille de la BCE

Author

Listed:
  • Jérôme Creel

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Eloi Laurent

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Jacques Le Cacheux

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

La question du choix du régime de change prend inévitablement de l'importance lorsque les économies nationales entrent en concurrence les unes avec les autres pour conquérir des parts d'un marché mondial ou régional de plus en plus intégré. Les pays de la zone euro sont ainsi directement concernés par la question du taux de change. Cet article vise à s'interroger sur le statut institutionnel de la politique de change dans la zone euro et ses conséquences pour le dynamisme et la stabilité du coeur historique, économique et politique européen (...).

Suggested Citation

  • Jérôme Creel & Eloi Laurent & Jacques Le Cacheux, 2007. "La politique de change de la zone euro ou le hold-up tranquille de la BCE," Post-Print hal-01021406, HAL.
    • Handle: RePEc:hal:journl:hal-01021406
    DOI: 10.3917/reof.100.0007
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01021406
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    References listed on IDEAS

    as
    1. Fratzscher, Marcel, 2008. "Communication and exchange rate policy," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1651-1672, December.
    2. repec:hal:spmain:info:hdl:2441/2085 is not listed on IDEAS
    3. C. Randall Henning, 2006. "The External Policy of the Euro Area: Organizing for Foreign Exchange Intervention," Working Paper Series WP06-4, Peterson Institute for International Economics.
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    6. Eloi Laurent & Jacques Le Cacheux, 2006. "Integrity and Efficiency in the EU: The Case against the European economic constitution," Sciences Po publications 130, Sciences Po.
    7. Guthrie, Graeme & Wright, Julian, 2000. "Open mouth operations," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 489-516, October.
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    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2014. "Dealing with the ECB's triple mandate?," Sciences Po publications info:hdl:2441/53ccj34tat8, Sciences Po.
    2. Céline Antonin & Christophe Blot & Sabine Le Bayon & Catherine Mathieu, 2013. "La quête de la compétitivité ouvre la voie de la déflation," Post-Print hal-03470596, HAL.
    3. Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2014. "Les enjeux du triple mandat de la BCE," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 175-186.
    4. repec:hal:spmain:info:hdl:2441/2082 is not listed on IDEAS
    5. Jérôme Creel & Éloi Laurent & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro. Institutions, incitations, stratégies," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 249-281.
    6. repec:hal:spmain:info:hdl:2441/5ijkqb693t96eroonv2394h9ig is not listed on IDEAS
    7. repec:hal:spmain:info:hdl:2441/2139 is not listed on IDEAS
    8. Jacques Le Cacheux, 2007. "Le nerf de la guerre (économique) : Les faiblesses du budget européen," Revue d'Économie Financière, Programme National Persée, vol. 89(3), pages 71-87.
    9. repec:spo:wpecon:info:hdl:2441/2139 is not listed on IDEAS
    10. repec:hal:spmain:info:hdl:2441/53ccj34tat80tq7f6ff0qvvjtj is not listed on IDEAS
    11. repec:hal:spmain:info:hdl:2441/7o52iohb7k6srk09n2p94ecij is not listed on IDEAS
    12. repec:hal:wpspec:info:hdl:2441/2139 is not listed on IDEAS
    13. Jérôme Creel & Eloi Laurent & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro," Post-Print hal-03459617, HAL.

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    More about this item

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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