Jean Tirole – an outstanding economist
By Jean-Luc Gaffard Jean Tirole, this year’s winner of the Bank of Sweden’s Prize in Economic Sciences in Memory of Alfred Nobel, is an exceptional […]
Month: October 2014
Are the macroeconomic forecasts of the central banks better than those of private agents?
By Paul Hubert Private expectations – about inflation, growth and interest rates – are a critical component of most modern macroeconomic models, as they determine […]
The infinite clumsiness of the French budget
By Xavier Timbeau, @XTimbeau In the draft budgetary plan presented to the European Commission on 15 October 2014, it is clear that France fails to […]
French competitiveness: The object of a supply policy
By Sarah Guillou The 2014-2015 edition of The Global Competitiveness Report [1] by the World Economic Forum sheds light on the political debate between those who […]
Reforming unemployment insurance in France today: not a good idea according to OECD indicators
By Eric Heyer Six months following the signing of a national industry-wide agreement on unemployment benefits between the social partners, with new rules that normally […]
The promotion of renewable energy innovation: when State intervention and competition go hand in hand
by Lionel Nesta and Francesco Vona[1] In contrast with the common belief that competition demands no State intervention, innovation policy and competition complement each other. […]
The 2013 pension reform: the implicit contribution of pensioners’ purchasing power
By Stéphane Hamayon and Florence Legros Less than three years after the official retirement age in France was raised in 2010-2011, a new pension reform […]
Fiscal policy and macroeconomic stability in an economic and monetary union: the case of the West African Economic and Monetary Union (WAEMU)
By Mamadou DIOP and Adama DIAW The idea that fiscal policy is an effective tool of economic policy for stimulating the real economy has neither […]