The Janus-Faced Nature of Debt
by Mattia Guerini, Alessio Moneta, Mauro Napoletano, Andrea Roventini The financial and economic crises of 2008 have been intimately interwined with the dynamics of debt. […]
France’s RSA income support: 35% lack of take-up?
By Guillaume Allègre, @g_allegre The lack of take-up of France’s RSA income supplement benefit is often invoked as an argument for reforming the system for […]
Italy: The horizon seems to be clearing
By Céline Antonin With growth in Italy of 0.4% in the third quarter of 2017 (see table below), the country’s economy seems to have recovered […]
The euro zone: A general recovery
By Christophe Blot This text is based on the 2017-2019 outlook for the global economy and the euro zone, a full version of which is […]
What role for central bank balance sheets in the conduct of monetary policy?
By Christophe Blot, Jérôme Creel and Paul Hubert By adjusting the size and composition of their balance sheets, the central banks have profoundly changed their monetary policy […]
Short-term contracts: Not all taxes are the same
By Bruno Coquet, OFCE and IZA Short-term contracts are useful for the proper functioning of an economy, but in France their expansion, together with shortening […]
Brexit: Pulling off a success?
By Catherine Mathieu and Henri Sterdyniak Will the EU summit of 14-15 December 2017 usher in a new phase of negotiations on the exit of […]
OPEC meeting: Much ado about nothing?
par Céline Antonin On 30 November 2017, OPEC members decided on a nine-month extension of their 2016 agreement on production caps with country quotas, i.e. […]
Labour force participation rates and working time: differentiated adjustments
By Bruno Ducoudré and Pierre Madec In the course of the crisis, most European countries reduced actual working time to a greater or lesser extent […]
European unemployment insurance
By Léo Aparisi de Lannoy and Xavier Ragot The return of growth cannot eradicate the memory of how the crisis was mismanaged at the European […]