This book analyzes French economic performance and examines unemployment, the nationalization of banks, and the wage policies of socialist government. It offers theoretical and empirical innovations ranging from exchange-rate econometrics to disequilibrium macroeconomics under rational expectations.
This book analyzes French economic performance and examines unemployment, the nationalization of banks, and the wage policies of socialist government. It offers theoretical and empirical innovations ranging from exchange-rate econometrics to disequilibrium macroeconomics under rational expectations.
PREFACE INTRODUCTION lnlatlon, employment and Qternal constraints : An overview of the ff'ench economy durln1 the seventies The real wa1e pp and employment Profltability, employment and structural adjustment in France Anticipations, recessions and policy; an intertemporal disequilibrium model The Franc and the French financial sector On the Franc Capital controls : some principles and the French experience The effects of economic structure and policy choices on macroeconomic outcomes in ten industrial countries Fiscal and monetary policies under a flexible exchance ratesystem ROUNDTABLE DISCUSSION APPENDIX The French financial system: mechanisms and questions of reform.
PREFACE INTRODUCTION lnlatlon, employment and Qternal constraints : An overview of the ff'ench economy durln1 the seventies The real wa1e pp and employment Profltability, employment and structural adjustment in France Anticipations, recessions and policy; an intertemporal disequilibrium model The Franc and the French financial sector On the Franc Capital controls : some principles and the French experience The effects of economic structure and policy choices on macroeconomic outcomes in ten industrial countries Fiscal and monetary policies under a flexible exchance ratesystem ROUNDTABLE DISCUSSION APPENDIX The French financial system: mechanisms and questions of reform.
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