TY - JOUR
T1 - Looking for a change point in French monetary policy in the early eighties
AU - Oliveira, Maria Alberta
AU - Santos, Carlos
PY - 2010/3
Y1 - 2010/3
N2 - We investigate where, in the early eighties, did a change occur in French monetary policy. The novelty in our treatment of this subject is the use of the impulse saturation break test. The results clearly identify the adoption of the Franc Fort policy as the key change in the period. The resulting econometric model is congruent and reveals no signs of persistence in inflation.
AB - We investigate where, in the early eighties, did a change occur in French monetary policy. The novelty in our treatment of this subject is the use of the impulse saturation break test. The results clearly identify the adoption of the Franc Fort policy as the key change in the period. The resulting econometric model is congruent and reveals no signs of persistence in inflation.
UR - http://www.scopus.com/inward/record.url?scp=76749129274&partnerID=8YFLogxK
U2 - 10.1080/13504850701735898
DO - 10.1080/13504850701735898
M3 - Article
AN - SCOPUS:76749129274
SN - 1350-4851
VL - 17
SP - 387
EP - 392
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 4
ER -
