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Cet article vise à confronter l’évolution des salaires au développement socio-économique de la France aux 19ème et 20ème siècles. Nous cherchons à détecter les chocs temporaires et permanents qui ont affecté la croissance des salaires réels français depuis le début du 19ème...
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Aggregate wage earnings are one of the key variables of the German economy. Paradoxically, it is also a little known variable, especially in the long term. Historians have never devoted a synthesis to the subject and, among all the economists who have centred their work on the study of economic...
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This paper presents a cliometric application of fractional integrated processes to socio-economic time series for France and Germany in the 19th and 20th centuries. The analysis leads to a significant result: no short or long term cycle appears as the dominant constituent.
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It is a commonly accepted view that the parity theory of forward exchange based on the law of one price was first formulated by Keynes (1923). In this article we assess the preliminary shapes of the Interest Parity (IP) relation. After reviewing the early beginnings of the IP relation we...
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