Peut-on mesurer le changement institutionnel du régime monétaire ?
[eng] Can we measure the institutional change of the monetary regime ? The paper explores the possibilities to measure the institutional change in the monetary field. A political economy theoretical framework is built up, where the monetary regime change is analysed as the outcome of the debtors - creditors interactions. In this perspective, the value of some traditional monetary variables during the period before and after the introduction of the Currency Board in Bulgaria, in 1997, reveals the main actors' evolving relative positions. JEL classification : E42, E52, O10, P30 [fre] Dans une perspective d'économie politique, ce papier explore les possibilités de mesure du changement institutionnel dans le domaine monétaire. L'approche adoptée met en avant les interactions des principaux groupes d'acteurs afin de construire un cadre interprétatif général du changement institutionnel et d'identifier des éléments quantitatifs qui rendraient compte de ce processus. Une interprétation institutionnaliste de certaines variables monétaires classiques est proposée à partir d'un exemple de changement radical du régime monétaire : l'introduction du currency board en Bulgarie, en 1997. Classification JEL : E42, E52, O10, P30
Volume (Year): 75 (2004)
Issue (Month): 2 ()
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