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Les implications macroéconomiques extérieures d’une monnaie unique en Europe

Author

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  • Gérard KÉBABDJIAN

    (Université de Paris 8)

Abstract

L'article analyse la coopération monétaire en Europe comme une coalition (au sens de la théorie des jeux) au sein de l'économie mondiale. Le modèle de Canzoneri et Henderson sert de point de départ ; il est enrichi, notamment par la prise en compte d'une fonction de création de la monnaie internationale, pour répondre à trois questions : La coordination des politiques monétaires européennes contribuera-t-elle à améliorer l'équilibre mondial, spécialement du point de vue de l'emploi ? Quelles implications associer au refus d'accorder à l'objectif d'emploi une place explicite dans la formulation de la politique monétaire européenne conformément au traité de Maastricht ? Quelles implications associer à la promotion de l'euro comme une monnaie internationale concurrente du dollar?

Suggested Citation

  • Gérard KÉBABDJIAN, 1996. "Les implications macroéconomiques extérieures d’une monnaie unique en Europe," Discussion Papers (REL - Recherches Economiques de Louvain) 1996023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvre:1996023
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    File URL: http://www.jstor.org/stable/40724120
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    More about this item

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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