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L'unification économique et monétaire de la RFA et de la RDA, les taux d'intérêt en Allemagne et en France, le mark et le fonctionnement du SME

Patrick Artus

Annals of Economics and Statistics, 1991, issue 22, 59-90

Abstract: A three country model (Germany, France, rest of the world) is used to evaluate the effects on the balance of payments, foreign debt, activity, prices and also interest rates and exchange rates of the economic and monetary unification of Germany and of its probable consequences: increase in money and goods demand; growth of labor supply. The most likely evolutions in the short run and in the long run are determined and analyzed.

Date: 1991
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