The shortfall in European investment
Sébastien Bock, Aya Elewa, Sarah Guillou, Mauro Napoletano, Lionel Nesta, Evens Salies, Tania Treibich Since Robert Solow’s early work, we have known that long-term economic […]
2024-2025 World Economic Outlook: EUROPE TAKES OFF
OFCE Analysis and Forecasting Department, Éric Heyer (dir.) and Xavier Timbeau (dir.) [1] This text is the summary of the Outlook for the World Economy […]
Should the ECB Revise its inflation target?
Christophe Blot and Francesco Saraceno The inflation rate in the Eurozone continues to decline. In February, it dropped to 2.6%, more than two percentage points […]
Where does the European Union stand?
By Robert Boyer, Director of Studies at EHESS and the Institut des Amériques Speech at the “European Political Economy and European Democracy” seminar on June […]
A second Hamiltonian moment
Par Hubert Kempf In the European debate surrounding the Next Generation EU plan, the European Commission’s decision in 2020 to issue debt for the benefit […]
Inequality and macroeconomic models
By Stéphane Auray and Aurélien Eyquem “All models are wrong, some are useful.” This quote from George Box has often been used to justify the […]
Why – and how – to make Next Generation EU (NGEU) sustainable
Frédéric Allemand, Jérôme Creel, Nicolas Leron, Sandrine Levasseur and Francesco Saraceno The Next Generation EU (NGEU) instrument was created during the pandemic to finance the recovery and, above all, to […]
Will the US labour market withstand monetary tightening?
By Christophe Blot In March 2022, the US central bank began tightening monetary policy in response to rapidly rising inflation. Since then, the target rate […]
Bank fragility: What consequences for economic growth and its relationship with bank loans?
Jérôme Creel and Fabien Labondance The collapse of Silicon Valley Bank (SVB) has rekindled concern about the solidity of the US banking system and, via […]
The UK budget: From support to austerity
By Hervé Péléraux With the latest national accounts published on 22 December 2022 showing a 0.3% fall in GDP in Q3 of 2022, following a […]