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La désinflation manquante est-elle un phénomène américain uniquement ?

Author

Listed:
  • Paul Hubert

    (Observatoire français des conjonctures économiques)

  • Mathilde Le Moigne

    (École normale supérieure - Paris)

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 ?," Sciences Po publications info:hdl:2441/9pfqu3qcd90, Sciences Po.
    • Handle: RePEc:spo:wpmain:info:hdl:2441/9pfqu3qcd90b899mr93c3dnfd
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    Keywords

    Théorie économique; Courbe de Philips; Désinflation; Inflation;
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