IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00202027.html
   My bibliography  Save this paper

Une maquette de moyen terme de l'économie française

Author

Listed:
  • Antoine d'Autume

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Alain Quinet

Abstract

This paper presents a simple small-scale model of the French economy, which can be used for forecasting and assessing shocks and macroeconomic policies. We model a small open economy with fixed exchange rates and a given real interest rate. The economy has two sectors, namely tradable and non-tradable goods. Agents'behaviour is described simply and robustly, without the introduction of rational expectations and with the systematic use of error correction mechanisms. The dynamics of financial wealth are taken into account, since wealth effects naturally ensure the long-run convergence of per capita wealth and the satisfaction of solvency constraints. The short-run dynamics incorporate the Keynesian sticky price and wage elements. The model's long-run aspect is largely calibrated and the short-run dynamics are estimated.

Suggested Citation

  • Antoine d'Autume & Alain Quinet, 2001. "Une maquette de moyen terme de l'économie française," Post-Print halshs-00202027, HAL.
    • Handle: RePEc:hal:journl:halshs-00202027
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xavier Chojnicki & Lionel Ragot, 2016. "Impacts of Immigration on an Ageing Welfare State: An Applied General Equilibrium Model for France," Fiscal Studies, Institute for Fiscal Studies, vol. 37, pages 258-284, June.
    2. Jean Chateau, 2006. "Disparities in Pension Financing in Europe: Economic and Financial Consequences," Working Papers 2006-09, CEPII research center.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00202027. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.