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Rigueur budgétaire, crédibilité des politiques budgétaires et comportement de consommation

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  • Patrick Artus

Abstract

[eng] We analyze the effects of credibility of fiscal policies, first on the levels of the announced and actual deficits, second on the consequences of restrictive fiscal policies. We examine the reasons for which the authorities can have an incentive to announce such policies, and the conditions under which those policies are cre­dible. We also study the effects of credibility and fiscal restraint on consumption behavior; therefore on economic activity. We show the important role played by the way future production is determined and expected. [fre] Nous nous demandons ce qu'impliqué la crédibilité des politiques budgétai­res, d'une part quant au niveau des déficits annoncés et réalisés, d'autre part quant aux effets des politiques de rigueur fiscale. Nous nous interrogeons sur les raisons qui poussent les autorités à annoncer de telles politiques, et sur les condi­tions pour qu'elles soient crédibles. Nous examinons en particulier les effets de la crédibilité et de la rigueur sur les comportements de consommation, donc sur l'activité économique. Nous montrons le rôle important joué par le mode de déter­mination et d'anticipation de la production future.

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  • Patrick Artus, 1997. "Rigueur budgétaire, crédibilité des politiques budgétaires et comportement de consommation," Revue Économique, Programme National Persée, vol. 48(3), pages 481-493.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1997_num_48_3_409889
    DOI: 10.3406/reco.1997.409889
    Note: DOI:10.3406/reco.1997.409889
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    1. Adama Diaw & Mamadou Diop, 2015. "Bilan de la dévaluation du Franc CFA et du Pacte de convergence dans l’UEMOA," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201505, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.

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