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Taux de change réel et démographie dans une petite économie ouverte

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  • Karine Gente

Abstract

We focus on the relation between the real exchange rate and the birth rate in an overlapping generations setting. This relation has the following properties. First, a reduction of the birth rate entails an appreciation of the real exchange rate. Second, a temporary birth rate shock has durable effects on the medium-run real exchange rate. These results enable to investigate the consequences of the demographic transition ? which affects an economy during the development process ? or of the baby-boom on the real exchange rate. Classification JEL : F31, F41

Suggested Citation

  • Karine Gente, 2001. "Taux de change réel et démographie dans une petite économie ouverte," Revue économique, Presses de Sciences-Po, vol. 52(3), pages 531-539.
    • Handle: RePEc:cai:recosp:reco_523_0531
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    Cited by:

    1. Jonas Kibala Kuma, 2011. "Contribution à l’explication de la volatilité du taux de change en R.D Congo : Approche par la modélisation VAR," Working Papers hal-02424930, HAL.

    More about this item

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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