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La détermination des taux de change dans les modèles multinationaux : l'état de l'art

Author

Listed:
  • Agnès Bénassy-Quéré

    (CEPII - Centre d'Etudes Prospectives et d'Informations Internationales - Centre d'analyse stratégique)

  • Henri Sterdyniak

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

This article analyses different theoretical models for establishing exchange rates and develops those which are used in multinational models. It examines the impact of choices over expectations,the balance sheet effects and monetary policy. This theoretical framework then makes it possible to examine how multinational empirical models handle exchange rates.

Suggested Citation

  • Agnès Bénassy-Quéré & Henri Sterdyniak, 1992. "La détermination des taux de change dans les modèles multinationaux : l'état de l'art," Sciences Po Economics Publications (main) hal-03416211, HAL.
  • Handle: RePEc:hal:spmain:hal-03416211
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    Cited by:

    1. Fabrice Capoen & Jerome Creel & Pascal Cussy & Hélène Lenoble-Liaud, 2000. "How to manage speculative shocks: intra-European vs. International monetary coordination," Documents de Travail de l'OFCE 2000-01, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. repec:spo:wpmain:info:hdl:2441/53r60a8s3kup1vc9kd52ge69h is not listed on IDEAS
    3. Antoine Bouveret, 2010. "Economic policies, long run equilibrium and exchange rate dynamics [Politiques économiques, dynamique et équilibre de long terme du taux de change]," Sciences Po Economics Publications (main) tel-04097866, HAL.
    4. Fabrice Capoën & Pierre Villa, 1997. "Internal and External Policy Coordination: a Dynamic Analysis," Working Papers 1997-15, CEPII research center.
    5. repec:spo:wpecon:info:hdl:2441/53r60a8s3kup1vc9kd52ge69h is not listed on IDEAS
    6. Jérôme Creel & Henri Sterdyniak, 1999. "La politique monétaire sans monnaie," Revue de l'OFCE, Programme National Persée, vol. 70(1), pages 111-153.
    7. repec:spo:wpmain:info:hdl:2441/5221 is not listed on IDEAS

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