Looking for a change point in French monetary policy in the early eighties

Maria Alberta Oliveira; Carlos Santos

doi:10.1080/13504850701735898

Looking for a change point in French monetary policy in the early eighties

Maria Alberta Oliveira
, Carlos Santos^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

5 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	387-392
Number of pages	6
Journal	Applied Economics Letters
Volume	17
Issue number	4
DOIs	https://doi.org/10.1080/13504850701735898
Publication status	Published - Mar 2010

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10.1080/13504850701735898

http://hdl.handle.net/10400.14/14517

Cite this

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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.

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Looking for a change point in French monetary policy in the early eighties

Abstract

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