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Comment la dernière crise financière a relancé le débat relatif à l'arrimage du fcfa à l'euro
[How the recent financial crisis have revived the debate on the parity between fcfa and euro]

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  • Kuikeu, Oscar

Abstract

En raison des fluctuations de parité observées lors de la crise financière de 2008, il est raisonnable de penser que cette dernière, c’est-à-dire, la dite crise financière de 2008, a relancé le débat relatif à l’arrimage du franc cfa à l’euro, c’est pourquoi, en guise de contribution à ce débat, cet ouvrage s’organise autour des quatre chapitres suivants: Au chapitre 1, deux questions : premièrement, faut-il dévaluer le franc cfa une fois encore ? Ensuite, la zone franc dispose de quels atouts pour être, en Afrique Sub-Saharienne (ASS), un exemple au sujet de la lutte contre l’inflation ? Ceci dit, c’est en raison de la dernière crise financière que ces deux interrogations seront l’objet de cette contribution. Au chapitre 2, l’objet est de montrer l’importance des tests économétriques de stabilité des paramètres d’un modèle économique, à cet effet, co me la critique dite de Lucas (Lucas(1976)) est une description du comportement qu’ont les agents économiques, alors que les paramètres d’un modèle économique correspondent aussi à une description du comportement des agents économiques, nous proposons d’illustrer la critique dite de Lucas, afin de révéler, l’objectif de cette contribution, toute l’importance des tests économétriques de stabilité des paramètres d’un modèle économique. Au chapitre 3, selon la méthodologie développée par Baffes, Elbadawi et O’Connel (1999), nous évaluons, entre 1980 et 2001, le taux de change réel d’équilibre de l’économie gabonaise, puis, nous en déduisons le mésalignement, c’est-à-dire, les phases de sur/sous-évaluation, du taux de change réel de la dite économie ; d’une manière générale, d’après les résultats obtenus, nous acceptons l’idée, assez répandue au sein de la littérature, d’un franc cfa surévalué avant la dévaluation du franc cfa de janvier 1994. Au chapitre 4, nous évaluons, à partir d’expériences Monte Carlo, les propriétés, à distance finie,lorsque N

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  • Kuikeu, Oscar, 2011. "Comment la dernière crise financière a relancé le débat relatif à l'arrimage du fcfa à l'euro [How the recent financial crisis have revived the debate on the parity between fcfa and euro]," MPRA Paper 32077, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:32077
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    C22; E31;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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