Politiques macroéconomiques et stabilisation des chocs dans la zone UEMOA

Cheikh Tidiane Ndiaye () and Mamadou Abdoulaye Konte ()
Additional contact information
Cheikh Tidiane Ndiaye: LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique
Mamadou Abdoulaye Konte: GERSEG - Groupe de Recherche en Economique et de Gestion - UGB - Université Gaston Berger de Saint-Louis Sénégal

Working Papers from HAL

Abstract: Shocks appear to be a major source of macroeconomic policy response in the WAEMU area. The purpose of this paper is to assess the resilience of such policies. We recourse to a Bayesian panel VAR which may assess in what context these shocks affect macroeconomic stabilization policies. The results suggest that national fiscal policies adjust to shocks with a very limited scope, while the monetary policy seems (relatively) more effective in terms of responding to inflation, importation rates and terms of trade shocks.

Keywords: Chocs; Stabilisation; Politique Monétaire; Politique Budgétaire (search for similar items in EconPapers)
Date: 2012-11-23
New Economics Papers: this item is included in nep-afr
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00830595
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://shs.hal.science/halshs-00830595/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-00830595

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().