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Politiques macroéconomiques et stabilisation des chocs dans la zone UEMOA


  • Cheikh Tidiane Ndiaye

    () (LEO - Laboratoire d'économie d'Orleans - UO - Université d'Orléans - Université de Tours - CNRS - Centre National de la Recherche Scientifique)

  • Mamadou Abdoulaye Konte

    () (GERSEG - Groupe de Recherche en Economique et de Gestion - UFR SAT - Université Gaston Berger de Saint-Louis Sénégal)


Shocks appear to be a major source of macroeconomic policy response in the WAEMU area. The purpose of this paper is to assess the resilience of such policies. We recourse to a Bayesian panel VAR which may assess in what context these shocks affect macroeconomic stabilization policies. The results suggest that national fiscal policies adjust to shocks with a very limited scope, while the monetary policy seems (relatively) more effective in terms of responding to inflation, importation rates and terms of trade shocks.

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  • Cheikh Tidiane Ndiaye & Mamadou Abdoulaye Konte, 2012. "Politiques macroéconomiques et stabilisation des chocs dans la zone UEMOA," Working Papers halshs-00830595, HAL.
  • Handle: RePEc:hal:wpaper:halshs-00830595
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    References listed on IDEAS

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    Chocs; Stabilisation; Politique Monétaire; Politique Budgétaire;

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