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La désinflation manquante est-elle un phénomène américain uniquement ?

Author

Listed:
  • Paul Hubert

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

  • Mathilde Le Moigne

    (ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres)

Abstract

La dynamique de l'inflation après la crise de 2007-2009 est-elle atypique ? Selon Paul Krugman : « si la réaction de l'inflation (ndlr : aux Etats-Unis) avait été la même à la suite de la Grande Récession que lors des précédentes crises économiques, nous aurions dû nous trouver aujourd'hui en pleine déflation… Nous ne le sommes pas. » En effet, après 2009, l'inflation aux Etats-Unis est demeurée étonnamment stable au regard de l'évolution de l'activité réelle. Ce phénomène a été qualifié de « désinflation manquante ». Un tel phénomène s'observe-t-il dans la zone euro ? [Premier paragraphe]

Suggested Citation

  • Paul Hubert & Mathilde Le Moigne, 2018. "La désinflation manquante est-elle un phénomène américain uniquement ?," SciencePo Working papers Main hal-03471642, HAL.
    • Handle: RePEc:hal:spmain:hal-03471642
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03471642
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    Cited by:

    1. Christophe Blot & Caroline Bozou & Jérôme Creel, 2022. "Inflation expectations in the euro area: trends and policy considerations," SciencePo Working papers Main hal-03943684, HAL.

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