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Faut-il rejeter les thèses traditionnelles de l'inflation ?

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  • Jacques Mélitz
  • Michel Crouhy

Abstract

[fre] Dans quelle mesure les faits récents en France conforteraient une opinion largement répandue parmi les économistes français, qui tendrait à rejeter les thèses traditionnelles de l'inflation au profit d'explications dont l'origine serait structurelle ou sectorielle ? Nous avons tenté d'éclairer cette question en ajustant une grande variété d'équations uniques estimant le taux d'inflation trimestriel en France sur la période 1961-1975. C'est ainsi que nous avons régressé le taux d'inflation sur les prix en francs des biens étrangers, un indice général de la pression inflationniste salariale, la croissance monétaire, et diverses variables sectorielles et structurelles. Les résultats que nous obtenons sont favorables aux hypothèses traditionnelles, mais sont totalement négatifs quant aux hypothèses sectorielles et structurelles. L'expérience française est par conséquent en complète contradiction avec le climat intellectuel général qui règne dans certains milieux en France. [eng] wage-push pressures, monetary growth and varions sectoral variables. The results are quite favorable to the traditional hypotheses, but are totally negative regarding the sectoral ones. The French experience, therefore, is at odds with the general climate of intellectual opinion in the country.

Suggested Citation

  • Jacques Mélitz & Michel Crouhy, 1977. "Faut-il rejeter les thèses traditionnelles de l'inflation ?," Revue Économique, Programme National Persée, vol. 28(6), pages 865-891.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1977_num_28_6_408356
    DOI: 10.3406/reco.1977.408356
    Note: DOI:10.3406/reco.1977.408356
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    References listed on IDEAS

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    1. D. E. W. Laidler & J. M. Parkin, 1977. "Inflation: A Survey," Palgrave Macmillan Books,, Palgrave Macmillan.
    2. Brunner, Karl, et al, 1973. "Fiscal and Monetary Policies in Moderate Inflation: Case Studies of Three Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 5(1), pages 313-353, Part II F.
    3. Kaldor, Nicholas [Lord], 1976. "Inflation and Recession in the World Economy," Economic Journal, Royal Economic Society, vol. 86(344), pages 703-714, December.
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