This study sheds light on the effect of fiscal policy on the Ivorian economy by measuring the value of the different Keynesian multipliers and the possible origins of GDP fluctuation during the period of this study. For this paper, one preferred a Bayesian estimation of a Dynamic Stochastic...

Given a monetary Union which is heterogeneous at the level of labour market flexibility, this paper investigates the effects in terms of macroeconomic stabilization of the different degrees of fiscal coordination between governments. We use a static Keynesian model within a closed monetary Union...

Les 16 et 17 septembre 2010, la Direction générale des Études et des Relations internationales a organisé en collaboration avec le Bureau d’économie théorique appliquée (BETA) de l’université de Strasbourg une conférence réunissant 70 économistes issus du monde académique...

L'objectif de ce papier est d'évaluer la capacité de différents types de chocs fiscaux à améliorer l'explication des fluctuations de l'économie française considérée comme une petite économie ouverte. Ainsi, nous développons un modèle d'équilibre général intertemporel stochastique...

This paper presents a summary of the U.S. pension system. First, our goal is to explain how unfunded and funded pension schemes work. We also study how the economic and financial crisis has affected these different schemes. Moreover, we examine the official long-run forecasts of the evolution of...

This papper proposes a comparison of EMU's different fisca rules, i.e. the stability and growth Pact, the structural deficit rule and the golden rule. From comparing the economic stabilizing effects and their consistency with the monetaty policy, it concludes that the Pact is better in the case...

This paper studies coordination of Fiscal policies in a monetary union in terms of sta- bilization performance. We use a static model of closed monetary union and numerical simulations in which macroeconomic heterogeneities are introduced. Results show that the coordination is an e¢ cient tool...

In this paper, using monetary policy rules, we build a model which describes the fixing of the interest rate by the Bank of Central African's States (BEAC). First, with a GMM adapted for a forward looking rule, we propose a reaction function for this central bank. The result shows that from 1986...

This paper studies coordination of Fiscal policies in a monetary union in terms of sta- bilization performance. We use a static model of closed monetary union and numerical simulations in which macroeconomic heterogeneities are introduced. Results show that the coordination is an e¢ cient tool...