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Le commencement de la déflation: Perspectives 2013-2014 pour l’économie mondiale

Author

Listed:
  • Bruno Ducoudre

    (Observatoire français des conjonctures économiques)

  • Hervé Péléraux

    (Observatoire français des conjonctures économiques)

  • Christine Rifflart

    (Observatoire français des conjonctures économiques)

  • Hélène Périvier

    (Observatoire français des conjonctures économiques)

  • Céline Antonin

    (Observatoire français des conjonctures économiques)

  • Christophe Blot

    (Observatoire français des conjonctures économiques)

  • Marion Cochard
  • Amel Falah

    (Observatoire français des conjonctures économiques)

  • Eric Heyer

    (Observatoire français des conjonctures économiques (OFCE))

  • Sabine Le Bayon

    (Observatoire français des conjonctures économiques)

  • Catherine Mathieu

    (Observatoire français des conjonctures économiques)

  • Mathieu Plane

    (Observatoire français des conjonctures économiques)

  • Danielle Schweisguth

    (Observatoire français des conjonctures économiques)

Abstract

La Grande Récession se poursuit pour la cinquième année consécutive. De 2010 à 2013, les efforts budgétaires réalisés et annoncés par les pays développés ont été sans précédent, avec pour objectif une réduction rapide des déficits. Mais dans un contexte de multiplicateurs élevés, l’effort budgétaire a un coût en termes d’activité. Trop longtemps ignoré, ce mécanisme a conduit à ce que les espoirs de réduction des déficits publics furent toujours déçus. [Premier paragraphe]

Suggested Citation

  • Bruno Ducoudre & Hervé Péléraux & Christine Rifflart & Hélène Périvier & Céline Antonin & Christophe Blot & Marion Cochard & Amel Falah & Eric Heyer & Sabine Le Bayon & Catherine Mathieu & Mathieu Pla, 2013. "Le commencement de la déflation: Perspectives 2013-2014 pour l’économie mondiale," Sciences Po publications info:hdl:2441/7o52iohb7k6, Sciences Po.
    • Handle: RePEc:spo:wpmain:info:hdl:2441/7o52iohb7k6srk09n2hr7gdj1
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    References listed on IDEAS

    as
    1. Christina D. Romer & David H. Romer, 2009. "Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(1 (Spring), pages 139-214.
    2. Günter Coenen & Christopher J. Erceg & Charles Freedman & Davide Furceri & Michael Kumhof & René Lalonde & Douglas Laxton & Jesper Lindé & Annabelle Mourougane & Dirk Muir & Susanna Mursula & Carlos d, 2012. "Effects of Fiscal Stimulus in Structural Models," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 22-68, January.
    3. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
    4. Olivier J. Blanchard & Daniel Leigh, 2013. "Growth Forecast Errors and Fiscal Multipliers," American Economic Review, American Economic Association, vol. 103(3), pages 117-120, May.
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    More about this item

    Keywords

    Déficit; Pays développés; Chômage;
    All these keywords.

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook

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