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Rigueur budgétaire, crédibilité des politiques budgétaires et comportement de consommation

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  • Patrick Artus

Abstract

We analyze the effects of credibility of fiscal policies, first on the levels of the announced and actual deficits, second on the consequences of restrictive fiscal policies. We examine the reasons for which the authorities can have an incentive to announce such policies, and the conditions under which those policies are credible. We also study the effects of credibility and fiscal restraint on consumption behavior; therefore on economic activity. We show the important role played by the way future production is determined and expected.

Suggested Citation

  • Patrick Artus, 1997. "Rigueur budgétaire, crédibilité des politiques budgétaires et comportement de consommation," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 133(III), pages 373-378, September.
    • Handle: RePEc:ses:arsjes:1997-iii-3
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    Cited by:

    1. Adama Diaw & Mamadou Diop, 2015. "Bilan de la dévaluation du Franc CFA et du Pacte de convergence dans l’UEMOA," Economics Working Paper Archive (University of Rennes & University of Caen) 201505, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.

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