Year: 2008
Type: article
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.
Source: Applied Economics Letters
Authors: Maria Alberta Oliveira, Carlos Santos
Institutions: Instituto Superior da Maia, Universidade Católica Portuguesa
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2006759887