Climate: Trump blows hot and cold
By Aurélien Saussay Donald Trump has thus once again respected one of his campaign promises. Nevertheless, the withdrawal of the United States from the Paris […]
Articles by Laurence Duboys Fresney
The European Central Bank is readying the future
By Christophe Blot and Paul Hubert At the press conference following the meeting of the ECB’s Governing Council on Thursday, 8 June, Mario Draghi announced […]
Trends in labour force participation rates in Europe during the Great Recession: The role of demographics and job polarization
By Guillaume Allègre and Gregory Verdugo In Europe as in the United States, employment fell considerably during the Great Recession. Moreover, over the last few […]
What factors are behind the recent rise in long-term interest rates?
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance Since the onset of the financial crisis, long-term sovereign interest rates in the euro zone have […]
Where are we at in the euro zone credit cycle?
By Christophe Blot and Paul Hubert In December 2016, the European Central Bank announced the continuation of its Quantitative Easing (QE) policy until December 2017. […]
Is the recovery on the right path?
Analysis and Forecasting Department This text is based on the 2016-2018 outlook for the world economy and the euro zone, a full version of which […]
Beyond the unemployment rate. An international comparison since the crisis
By Bruno Ducoudré and Pierre Madec According to figures from the French statistics institute (INSEE) published on 12 May 2017, non-agricultural commercial employment in France increased […]
The reduction of the US Fed’s balance sheet: When, at what pace and with what impact?
By Paul Hubert US monetary policy began to tighten in December 2015, with the Fed’s key rate moving from a target range of 0 – […]
Leave the euro?
By Christophe Blot, Jérôme Creel, Bruno Ducoudré, Paul Hubert, Xavier Ragot, Raul Sampognaro, Francesco Saraceno, and Xavier Timbeau Evaluating the impact of France leaving the euro zone (“Frexit”) is tricky, as […]
Universal basic income: An ambition to be financed
By Pierre Madec and Xavier Timbeau This evaluation of Universal Basic Income (UBI), the flagship proposal of French presidential candidate Benoît Hamon, highlights a potentially […]