Gunther Capelle-Blancard University Paris 1 Panthéon-Sorbonne & CEPII   106-112 Bd de l'hôpital 75013 Paris, France   gunther.capelle-blancard@univ-paris1.fr             JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General E3 : Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)