IDEAS home Printed from https://ideas.repec.org/a/ulp/buopee/v35y2016m12i3.html
   My bibliography  Save this article

Sur la situation des mésalignements de taux de change après le Brexit

Author

Listed:
  • Jamel Saadaoui

    (BETA, Université de Strasbourg et CEPN, Université Paris-Nord)

Abstract

Entre le déclenchement de la crise de l’euro et le vote du Brexit, nous avons assisté à une réduction massive des déséquilibres de balance courante au sein des pays périphériques de la zone euro. Ces réductions peuvent résulter soit d’une compression de la demande intérieure, soit d’une amélioration de la compétitivité extérieure. Dans cette note, nous analysons l’évolution des mésalignements de taux de change pour déterminer si les pays périphériques ont réussi à améliorer leur compétitivité extérieure. Dans l’ensemble, les pays périphériques ont réussi à réduire leurs mésalignements de taux de change à la suite de dévaluations internes.

Suggested Citation

  • Jamel Saadaoui, 2016. "Sur la situation des mésalignements de taux de change après le Brexit," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), vol. 35(1), pages 9-13, December.
  • Handle: RePEc:ulp:buopee:v:35:y:2016:m:12:i:3
    as

    Download full text from publisher

    File URL: https://opee.unistra.fr/Sur-la-situation-des-mesalignements-de-taux-de-change-apres-le-Brexit
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Didier Borowski & Cecile Couharde, 2003. "The Exchange Rate Macroeconomic Balance Approach: New Methodology and Results for the Euro, the Dollar, the Yen and the Pound Sterling," Open Economies Review, Springer, vol. 14(2), pages 169-190, April.
    2. C. Couharde & J. Mazier, 2001. "The equilibrium exchange rates of European currencies and the transition to euro," Applied Economics, Taylor & Francis Journals, vol. 33(14), pages 1795-1801.
    3. William R. Cline, 2008. "Estimating Consistent Fundamental Equilibrium Exchange Rates," Working Paper Series WP08-6, Peterson Institute for International Economics.
    4. Jamel Saadaoui, 2011. "Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates," Economics Bulletin, AccessEcon, vol. 31(3), pages 1993-2005.
    5. Jamel Saadaoui, 2011. "Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates," Post-Print halshs-00593674, HAL.
    6. Mr. Peter Isard & Mr. Hamid Faruqee, 1998. "Exchange Rate Assessment: Extension of the Macroeconomic Balance Approach," IMF Occasional Papers 1998/012, International Monetary Fund.
    7. Carton, Benjamin & Hervé, Karine, 2012. "Estimation of consistent multi-country FEERs," Economic Modelling, Elsevier, vol. 29(4), pages 1205-1214.
    8. Se-Eun Jeong & Jacques Mazier, 2003. "Exchange Rate Regimes and Equilibrium Exchange Rates in East Asia," Revue économique, Presses de Sciences-Po, vol. 54(5), pages 1161-1182.
    9. Jamel Saadaoui, 2011. "Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates," Post-Print hal-02169237, HAL.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jamel Saadaoui, 2016. "Post-Brexit FEER," CEPN Working Papers hal-01394814, HAL.
    2. Jamel Saadaoui, 2016. "Post-Brexit FEER," Working Papers hal-01394814, HAL.
    3. Jamel Saadaoui, 2016. "Sur la situation des mésalignements de taux de change après le Brexit," Post-Print hal-02453601, HAL.
    4. Saadaoui, Jamel, 2012. "Déséquilibres globaux, taux de change d’équilibre et modélisation stock-flux cohérente [Global Imbalances, Equilibrium Exchange Rates and Stock-Flow Consistent Modelling]," MPRA Paper 51332, University Library of Munich, Germany.
    5. Jamel Saadaoui, 2017. "Internal Devaluations and Equilibrium Exchange Rates: New Evidences and Perspectives for the EMU," Working Papers halshs-01633389, HAL.
    6. Jamel Saadaoui, 2017. "Internal Devaluations and Equilibrium Exchange Rates: New Evidences and Perspectives for the EMU," CEPN Working Papers halshs-01633389, HAL.
    7. Vincent Duwicquet & Jacques Mazier & Jamel Saadaoui, 2013. "Désajustements de change, fédéralisme budgétaire et redistribution. Comment s'ajuster en union monétaire," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 57-96.
    8. Duwicquet, Vincent & Mazier, Jacques & Saadaoui, Jamel, 2012. "Exchange Rate Misalignments, Fiscal Federalism and Redistribution: How to Adjust in a Monetary Union," MPRA Paper 48697, University Library of Munich, Germany.
    9. Jamel Saadaoui, 2018. "Internal Devaluations and Equilibrium Exchange Rates: new evidences and perspectives for the EMU," Post-Print hal-02168395, HAL.
    10. Se-Eun Jeong & Jacques Mazier & Jamel Saadaoui, 2010. "Exchange Rate Misalignments at World and European Levels: a FEER Approach," International Economics, CEPII research center, issue 121, pages 25-58.
    11. Saadaoui, Jamel, 2012. "Global Imbalances: Should We Use Fundamental Equilibrium Exchange Rates?," MPRA Paper 42554, University Library of Munich, Germany.
    12. repec:hal:cepnwp:halshs-00829460 is not listed on IDEAS
    13. Vincent Duwicquet & Jacques Mazier & Jamel Saadaoui, 2012. "Exchange Rate Misalignments, Fiscal Federalism and Redistribution," Post-Print hal-02169241, HAL.
    14. Jamel Saadaoui & Jacques Mazier & Nabil Aflouk, 2013. "On the determinants of exchange rate misalignments," Applied Economics Letters, Taylor & Francis Journals, vol. 20(18), pages 1608-1610, December.
    15. Saadaoui, Jamel, 2015. "Global imbalances: Should we use fundamental equilibrium exchange rates?," Economic Modelling, Elsevier, vol. 47(C), pages 383-398.
    16. Jamel Saadaoui, 2013. "Global Imbalances: Should We Use Fundamental Equilibrium Exchange Rates?," Post-Print halshs-00861163, HAL.
    17. repec:hal:wpaper:halshs-00829460 is not listed on IDEAS
    18. Jamel Saadaoui, 2012. "Global Imbalances: Should We Use Fundamental Equilibrium Exchange Rates?," CEPN Working Papers halshs-00750551, HAL.
    19. Yizhong Wang, 2010. "The internal and external equilibrium exchange rate of RMB: 1982–2010," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(2), pages 210-231, June.
    20. Comunale, Mariarosaria, 2018. "Current account and real effective exchange rate misalignments in Central Eastern EU countries: An update using the macroeconomic balance approach," Economic Systems, Elsevier, vol. 42(3), pages 414-436.
    21. Carton, Benjamin & Hervé, Karine, 2012. "Estimation of consistent multi-country FEERs," Economic Modelling, Elsevier, vol. 29(4), pages 1205-1214.
    22. Jamel Saadaoui, 2011. "Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates," Post-Print halshs-00593674, HAL.

    More about this item

    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:ulp:buopee:v:35:y:2016:m:12:i:3. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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/opstrfr.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.