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Décalage cyclique entre les États-Unis et l’Europe, et évolution des taux d’intérêt

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  • Patrick ARTUS

    (Caisse des Dépôts et Consignations, Paris)

Abstract

Nous analysons, à l'aide d'un modèle théorique à deux pays, si la reprise précoce de l'économie américaine implique une forte hausse des taux d'intérêt en Europe, qui mettrait en péril la reprise européenne. Nous examinons les effets des politiques monétaires, du degré de mobilité internationale du capital, de l'intensité des effets de richesse, et enfin de l'accumulation de dette extérieure aux Etats-Unis.

Suggested Citation

  • Patrick ARTUS, 1996. "Décalage cyclique entre les États-Unis et l’Europe, et évolution des taux d’intérêt," Discussion Papers (REL - Recherches Economiques de Louvain) 1996022, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvre:1996022
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