Contenu de l'article

Titre "Nouvelle économie" et politique monétaire
Auteur Christian Pfister, Gilbert Cette
Mir@bel Revue Revue économique
Numéro vol. 53, no. 3, 2002 Développements récents de l'analyse économique (50è congrès de l'Association française de science économique, 2001)
Page 669-677
Résumé "New economy" and monetary policy The emergence and diffusion of information and communication technologies (ICT) raise potential growth along uncertain proportions and for an indeterminate period. This speeding up of growth and the partly transitory slowdown of inflation that cornes with it are featured here as the "New Economy" (NE). Monetary policy can take advantage of the ne to lowerits inflation objective, ifprice expectations are enough forward-looking for possible nominal rigidities to be negligible. Furthermore, the Central Bank should be cautious in diagnosing a change in potential growth.
Source : Éditeur (via Persée)
Résumé anglais "New economy" and monetary policy The emergence and diffusion of information and communication technologies (ICT) raise potential growth along uncertain proportions and for an indeterminate period. This speeding up of growth and the partly transitory slowdown of inflation that cornes with it are featured here as the "New Economy" (NE). Monetary policy can take advantage of the ne to lowerits inflation objective, ifprice expectations are enough forward-looking for possible nominal rigidities to be negligible. Furthermore, the Central Bank should be cautious in diagnosing a change in potential growth.
Source : Éditeur (via Persée)
Article en ligne http://www.persee.fr/web/revues/home/prescript/article/reco_0035-2764_2002_num_53_3_410436