IDEAS home Printed from https://ideas.repec.org/a/cii/cepiei/1999-1td.html
   My bibliography  Save this article

Que faire des taux de change reels d'equilibre ?

Author

Listed:
  • Loic Cadiou

Abstract

Parmi l’ensemble des variables macro-economiques, le taux de change est peut-etre celle qui a le plus desespere les economistes. De nombreux modeles theoriques proposent des regles de comportement du taux de change, mais aucun d’entre eux n’est apparu vraiment convaincant sur le plan empirique. Face a l’echec predictif de ces modeles, une approche macro-economique s’est degagee. Elle vise avant tout a donner une valeur de reference de moyen-long terme du taux de change reel sur la base d’une analyse de l’equilibre macro-economique. Une telle approche revet un caractere normatif dans la mesure ou soit la balance courante rejoint une cible a long terme definie par ailleurs, soit l’hypothese est faite qu’elle influence directement le comportement des autorites publiques.

Suggested Citation

  • Loic Cadiou, 1999. "Que faire des taux de change reels d'equilibre ?," Economie Internationale, CEPII research center, issue 77, pages 67-96.
    • Handle: RePEc:cii:cepiei:1999-1td
    as

    Download full text from publisher

    File URL: http://www.cepii.fr/IE/ei.asp?issue=77
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. repec:spo:wpecon:info:hdl:2441/5285 is not listed on IDEAS
    2. repec:hal:wpspec:info:hdl:2441/5285 is not listed on IDEAS
    3. Antoine Bouveret & Henri Sterdyniak, 2005. "Les modèles de taux de change. Équilibre de long terme, dynamique et hystérèse," Revue de l'OFCE, Presses de Sciences-Po, vol. 93(2), pages 243-286.
    4. Antoine Bouveret & Henri Sterdyniak, 2005. "Les modèles de taux de change," SciencePo Working papers Main hal-01071965, HAL.
    5. repec:hal:spmain:info:hdl:2441/5285 is not listed on IDEAS

    More about this item

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cii:cepiei:1999-1td. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cepiifr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.