IDEAS home Printed from
   My bibliography  Save this article

Analyse multivariee des ratios de sacrifice europeens


  • Alexis Garatti


Cet article fait le point sur la theorie des ratios de sacrifice. Il souligne les limites de l’approche traditionnelle (facteurs multiples agissant sur l’inflation) et etudie plus specifiquement le role des chocs monetaires. Ceci permet de reexaminer les ratios de sacrifice europeens et leur correlation avec l’independance des banques centrales. L’approche multivariee de l’etude aboutit a une nouvelle definition de ces derniers en termes de diminution ou d’augmentation de la volatilite de l’activite.

Suggested Citation

  • Alexis Garatti, 2005. "Analyse multivariee des ratios de sacrifice europeens," Economie Internationale, CEPII research center, issue 103, pages 25-43.
  • Handle: RePEc:cii:cepiei:2005-3tb

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Inflation; ratios de sacrifice; VAR structurels;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy


    Access and download statistics


    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:2005-3tb. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.