English, Article edition: L'insoutenable legerete de l'euro Vincent Koen; Laurence Boone; Alain de Serres; ...

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Bookmark: http://trove.nla.gov.au/version/158219
Physical Description
  • article
Language
  • English

Edition details

Title
  • L'insoutenable legerete de l'euro
Author
  • Vincent Koen
  • Laurence Boone
  • Alain de Serres
  • Nicola Fuchs-Schundeln
Physical Description
  • article
Notes
  • Pendant les premieres annees de l'union monetaire, la faiblesse de l'euro a surpris la plupart des observateurs. Les explications se sont multipliees allant de fondamentaux tels que les differentiels de croissance anticipes aux facteurs psychologiques tels que les comportements gregaires, mais aucune ne rend compte pleinement a elle seule de la trajectoire du taux de change. Partant d'une approche eclectique, ce papier propose une analyse empirique montrant que les termes de l'echange et les comportements d'epargne/​investissement ont apparemment sous-tendu l'evolution du taux de change a moyen et plus long terme.
  • Euro; taux de change; Banque Centrale Europeenne; interventions; flux de capitaux
  • RePEc:cii:cepiei:2001-4td
Language
  • English
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