English, Article edition: Quelle parite d'equilibre pour l'euro ? Didier Borowski; Cecile Couharde

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Bookmark: http://trove.nla.gov.au/version/158251
Physical Description
  • article
Language
  • English

Edition details

Title
  • Quelle parite d'equilibre pour l'euro ?
Author
  • Didier Borowski
  • Cecile Couharde
Physical Description
  • article
Notes
  • La mise en place de l’euro suscite de nombreuses questions sur l’instabilite des changes qui pourrait en resulter. Un certain nombre de travaux accreditent l’idee d’une plus forte volatilite de l’euro en raison du faible degre d’ouverture de l’Union europeenne et de l’absence d’objectif de change de la Banque centrale europeenne. En revanche, peu d’etudes se prononcent sur le niveau d’equilibre de l’euro. Cette question, qui se posait deja en 1998 (date a laquelle ce travail a ete effectue), a pris une importance toute particuliere avec l’appreciation du dollar constatee sur les cinq premiers mois de 1999.
  • RePEc:cii:cepiei:1999-1tb
Language
  • English
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