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Politiques macroéconomiques et stabilisation des chocs dans la zone UEMOA

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  • Cheikh Tidiane Ndiaye

    ()
    (LEO - Laboratoire d'économie d'Orleans - CNRS : UMR7322 - Université d'Orléans)

  • Mamadou Abdoulaye Konte

    ()
    (GERSEG - Groupe de Recherche en Economique et de Gestion - Université Gaston Berger de Saint-Louis (Sénégal))

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    Abstract

    Les chocs semblent être l'une des principales sources de réactivité des politiques macroéconomiques dans la zone UEMOA. L'objet de cet article est d'évaluer la capacité de résilience de ces politiques. Nous utilisons pour cela un modèle VAR Bayésien en panel susceptible d'évaluer dans quel cadre les chocs influencent ces politiques macroéconomiques de stabilisation. Les résultats suggèrent que les politiques budgétaires nationales s'ajustent aux chocs avec une marge de manœuvre très limitée tandis que l'efficacité relative de la politique monétaire se manifeste à travers le degré de réaction face aux chocs affectant l'inflation, le taux d'importation et les termes de l'échange.

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    Bibliographic Info

    Paper provided by HAL in its series Working Papers with number halshs-00830595.

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    Date of creation: 23 Nov 2012
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    Handle: RePEc:hal:wpaper:halshs-00830595

    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00830595
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    Related research

    Keywords: Chocs; Stabilisation; Politique Monétaire; Politique Budgétaire;

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