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Une théorie de l'inflation optimales fondée sur les contraintes du crédit


  • Xavier Ragot

    (Département d'économie)


Cet article analyse la relation entre l’inflation et les contraintes de crédit dans un modèle à générations imbriquées. On montre qu’une inflation positive peut contribuer à diminuer les contraintes de crédit, et que cet effet justifie une cible d’inflation positive à long terme, sans hypothèse de rigidités nominales ou d’erreurs d’anticipations. Dans un environnement non ricardien standard, qui est un modèle à générations imbriquées, on montre que les autorités monétaires peuvent conduire à un niveau de production optimal grâce à une inflation positive.

Suggested Citation

  • Xavier Ragot, 2004. "Une théorie de l'inflation optimales fondée sur les contraintes du crédit," Sciences Po publications info:hdl:2441/o6hce6db98d, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/o6hce6db98dpae88o1die0jd1

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    Politique monétaire; Inflation; Contrainte de crédit; La règle de Friedman;

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects


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