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L’inflation : phénomène durable ou transitoire ? Un aperçu historique pour comprendre le temps présent

Author

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  • Jean-Luc Gaffard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

L'inflation qui avait quasiment disparue depuis quarante ans resurgit. La première réaction est de considérer ce phénomène comme transitoire comme si elle était le signe d'une rupture momentanée d'un équilibre de long terme. Cependant, elle se produit en un moment où des crises successives, financière, sanitaire, écologique deviennent le moteur de changements structurels importants et pourrait, de ce fait, être durable si les déséquilibres observés ne sont pas contenus. La comparaison avec les événements des années 1970, tant sur le plan des faits que sur celui de leur interprétation analytique, peut éclairer sur le sens de la question relative au caractère durable ou transitoire de l'inflation.

Suggested Citation

  • Jean-Luc Gaffard, 2022. "L’inflation : phénomène durable ou transitoire ? Un aperçu historique pour comprendre le temps présent," Working Papers hal-03588350, HAL.
    • Handle: RePEc:hal:wpaper:hal-03588350
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03588350
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    Keywords

    Anticipations; changement structurel; inflation; politique économique;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

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