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Relations de Fischer et neutralité de l'inflation

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  • Jean-Michel Courtault

    (CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique)

Abstract

Dans cet article, nous montrons que certaines relations couramment utilisées en macro-économie monétaire comme la relation de Fisher supposent que les agents économiques sont neutres au risque de richesse nominale. On montre aussi que la relation de Fisher permet de rendre compte de la relation entre inflation et taux d'intérêt réel qui est observée dans les économies contemporaines.Toutefois, la relation de Fisher ne peut être associée à l'hypothèse de neutralité de l'inflation.

Suggested Citation

  • Jean-Michel Courtault, 1995. "Relations de Fischer et neutralité de l'inflation," Post-Print halshs-00447850, HAL.
    • Handle: RePEc:hal:journl:halshs-00447850
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00447850v1
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