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Dynamiques de salaires et rééquilibrage des comptes courants dans la zone euro

Author

Listed:
  • BERTHOU, A.
  • GAULIER, G.

Abstract

À partir de simulations du modèle NiGEM, les auteurs montrent qu’une modération salariale pratiquée dans les pays « déficitaires » de la zone euro induirait une amélioration du solde des transactions courantes comprise entre 0,2 et 0,3 point de PIB à l’horizon de cinq ans. Un ajustement symétrique des pays de la zone euro permettrait d’accroître la taille de cet ajustement.

Suggested Citation

  • Berthou, A. & Gaulier, G., 2013. "Dynamiques de salaires et rééquilibrage des comptes courants dans la zone euro," Bulletin de la Banque de France, Banque de France, issue 191, pages 43-58.
    • Handle: RePEc:bfr:bullbf:2013:191:05
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Do higher wages lead to more imports?
      by Bruno Duarte in EUnomics on 2018-09-24 22:12:17

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    Cited by:

    1. Roman Stöllinger, 2020. "Tradability of output and the current account in Europe," International Economics and Economic Policy, Springer, vol. 17(1), pages 167-218, February.
    2. repec:hal:spmain:info:hdl:2441/7o52iohb7k6srk09n2p94ecij is not listed on IDEAS
    3. repec:spo:wpmain:info:hdl:2441/7o52iohb7k6srk09n2p94ecij is not listed on IDEAS
    4. Céline Antonin & Christophe Blot & Sabine Le Bayon & Catherine Mathieu, 2013. "La quête de la compétitivité ouvre la voie de la déflation," Post-Print hal-03470596, HAL.
    5. Y. Kalantzis. & P. Towbin. & S. Zignago., 2014. "International adjustment and rebalancing of global demand:where do we stand?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 33, pages 5-23, spring.
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    More about this item

    Keywords

    solde des transactions courantes; ajustement symétrique; ajustement des prix; salaires; demande interne; flux de capitaux; zone euro; rééquilibrage.;
    All these keywords.

    JEL classification:

    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications

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