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Un recul de l'activite aux Etats-Unis peut-il entrainer une hausse de l'activite en Europe?

Author

Listed:
  • Artus, P.

Abstract

Nous montrons que, parmi l'ensemble des mecanismes ou asymetries de comportements envisageables, le seul qui puisse conduire a ce qu'une baisse de production aux Etats-Unis entraine une hausse de production en Europe est une forte reaction de la politique monetaire europeenne a l'evolution du taux de change reel. Cette forte reaction est dans la pratique, peu probable.

Suggested Citation

  • Artus, P., 2001. "Un recul de l'activite aux Etats-Unis peut-il entrainer une hausse de l'activite en Europe?," Papers 2001-45/ei, Caisse des Depots et Consignations - Cahiers de recherche.
  • Handle: RePEc:fth:cadeco:2001-45/ei
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    More about this item

    Keywords

    COMPORTEMENT ; PRODUCTION ; POLITIQUE MONETAIRE;
    All these keywords.

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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