| Titre | La formation des taux d'intérêt en Europe | |
|---|---|---|
| Auteur | Philippe Ducos, Eric Bleuze, Patrick Artus | |
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Revue | Economie et prévision |
| Numéro | no 90, 1989/4 Patrimoins, dettes, taux d'intérêt | |
| Rubrique / Thématique | Patrimoines, Dettes, Taux d'intérêt |
|
| Page | 97-110 | |
| Résumé anglais |
Determining Interest Rates in Europe,
by Patrick Artus, Eric Bleuze, Philippe Ducos.
This paper summarises the usual theoretical models for time structures and the models for the authorities reaction function. Then, it analizes the way in which short-term and long-term interest rates are determined both in France and in the FRG. The influence of American rates on the European ones is particularly emphasized as much as the relationship between French and German rates. Besides, the authors try to see to what extent European Central Banks areable to determine their own aims and the national short term interest rates. Lastly, they try to explain whether the connection between long-term rates and short-term rates has grown stronger in recent times or whether the time structure of interest rates between short-term rates and long-term rates has on the contrary become more rigid. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1989_num_90_4_5126 |
