Abstract
Three major events could have altered the conduct of monetary policy in France in recent years. The first of these events was the institution of the European Monetary System (EMS) in March 1979; the second was the change of the presidential and parliamentary majorities in mid-1981 and the third was the shift towards the end of 1982 from an expansionary to a restrictive economic policy.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Aftalion, F. (1984) ‘The Political Economy of French Monetary Policy’, in D. Hodgman (ed.) The Political Economy of Monetary Policy: National and International Aspects, Federal Reserve Bank of Boston Conference Series, no. 26.
Alt, J. E. and Woolley, J. T. (1980) ‘Reaction Functions and Institutional Differences: Sources of Variation in the Political Economy of Macroeconomic Policy’, Political Science Paper, no. 58, Washington University.
Argy, V. (1983) ‘France’s Experience with Monetary and Exchanged Rate Management: March 1973 to end-1981’, Banca Nazionale del Lavoro Quarterly Review, December.
Batten, D. B. and Kamphoefner, J. E. (1982) ‘The Strong US Dollar: A Dilemma for Foreign Monetary Authorities’ Federal Reserve Bank of Saint-Louis Review, August-September.
Bruneel, D. and Patat, J. P. (1984) ‘Dix ans de régulation monétaire’, Banque de France, Cahiers Economiques et Monétaires, no. 18.
Intrilligator, M. D. (1978) Econometric Models: Techniques and Applications (Amsterdam: North-Holland).
La Geniere, R. de (1981a) ‘La politique monétaire française’, Communication à l’Académie des Sciences Morales et Politiques,
La Genière, R. de (1981b) ‘Les fondements de la politique monétaire’, Banque, March.
OECD, Main Economic Indicators.
Raymond, R. (1981)‘The Formulation and Implementation of Monetary Policy in France’, prepared for the Research Planning Conference on the Political Economy of Monetary Policy in Western Europe, University of Illinois, Urbana-Champaign, November.
Editor information
Editors and Affiliations
Copyright information
© 1987 Donald R. Hodgman and Geoffrey E. Wood
About this chapter
Cite this chapter
Aftalion, F. (1987). Factors Affecting French Monetary Policy. In: Hodgman, D.R., Wood, G.E. (eds) Monetary and Exchange Rate Policy. Studies in Banking and International Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18710-2_2
Download citation
DOI: https://doi.org/10.1007/978-1-349-18710-2_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-18712-6
Online ISBN: 978-1-349-18710-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)