Règle de conduite de politique monétaire applicable a la BEAC
DOI :
https://doi.org/10.18559/rielf.2018.2.16Mots-clés :
taux de change réel d’équilibre, parité à l’incertain, écart optimal de taux de change, équilibre interne et externe, taux d’intérêt nominal, écart d’inflation, écart de productionRésumé
Cet article a pour objet d'estimer une règle à la Taylor dans les économies des pays de la BEAC pourvues d'un régime de change fixe. S'appuyant sur la parité croisée entre le franc CFA et le dollar américain, les résultats empiriques montrent qu'à l'exception de l'activité économique, toutes les autres variables ont une influence significative sur le taux d'intérêt. En plus de cela, il existe un mécanisme de correction d'erreurs permettant de corriger le déséquilibre entre le niveau désiré et le niveau effectif du taux d'intérêt nominal.
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(c) Copyright Poznań University of Economics and Business 2018
Ce travail est disponible sous la licence Creative Commons Attribution 4.0 International .
