Does too much finance kill growth?
By Jérôme Creel, Paul Hubert and Fabien Labondance Is there an optimal level of financialization in an economy? An IMF working paper written by Arcand, […]
Articles by Laurence Duboys Fresney
How can one defend the 1%?
By Guillaume Allègre In a forthcoming article in the Journal of Economic Perspectives[1], Harvard Professor and bestselling textbook author Greg Mankiw defends the income earned […]
When Brazil’s youth dream of something besides football…
By Christine Rifflart The rise in public transport prices had barely been in force for two weeks when this lit the fire of revolt and […]
Vertical networks or clusters: what tool for industrial policy?
By Jean-Luc Gaffard The concept of a “vertical network” [filière] is back in the spotlight and is playing the role of an instrument of the […]
Croatia in the European Union: an entry without fanfare
By Céline Antonin and Sandrine Levasseur On 1 July 2013, ten years after filing its application to join the European Union, Croatia will officially become […]
Pensions: the Moreau report’s poor compromise
By Henri Sterdyniak Under pressure from the financial markets and Europe’s institutions, the government felt obliged to present a new pension reform in 2013. However, […]
Reforming the conjugal quotient
By Guillaume Allègre and Hélène Périvier As part of a review of family benefit programmes (the motivations for which are in any case debatable), the […]
Competitiveness: danger zone!
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Catherine Mathieu The crisis affecting the euro zone is the result of macroeconomic and financial imbalances […]
A fiscal policy to promote structural reform – lessons from the German case
By Eric Heyer “France should copy Germany’s reforms to thrive”, Gerhard Schröder entitled an opinion piece in the Financial Times on 5 June 2013. As […]
Monetary policy and property booms: dealing with the heterogeneity of the euro zone
By Christophe Blot and Fabien Labondance The transmission of monetary policy to economic activity and inflation takes place through various channels whose role and importance […]