How negative can interest rates get?
By Christophe Blot and Paul Hubert On 11 June 2014, the European Central Bank decided to set a negative rate on deposit facilities and on […]
Does central bank optimism move financial markets?
By Paul Hubert and Fabien Labondance “Animal spirits”, also called “errors of optimism and pessimism” or “sentiments”, contribute to macroeconomic fluctuations, as has been pointed […]
Some clarifications on economic negationism
By Pierre Cahuc and André Zylberberg We would like to thank Xavier Ragot for permitting us to respond to his comments about our book, Le […]
“The economic negationism” of Cahuc and Zylberberg: the first-order economy
By Xavier Ragot The book by Pierre Cahuc and André Zylberberg[1] is an injunction to take scientific truths about economics into account in the public […]
Italy and the labour market: improvement, with caveats
By Céline Antonin Since early 2015, the renewal of growth in Italy, the implementation of Act II of Matteo Renzi’s Jobs Act, and the reduction […]
François Hollande’s five years in office: Stagnation or recovery?
By OFCE The five-year term of French President Francois Hollande has been marked by serious economic difficulties, but also by some signs of improvement in […]
What is the initial assessment of Germany’s minimum wage?
By Odile Chagny (IRES) and Sabine Le Bayon A year and a half after introducing a statutory minimum wage, the German Commission in charge of adjusting […]
Britain’s referendum of 23 June 2016: The leap into the unknown
By Catherine Mathieu On 23 June 2016, the British people decided (by 52% to 48%) to leave the European Union. After having long criticized […]
Europe is dead – Long live Europe!
By Maxime Parodi and Xavier Timbeau The British people’s vote for Brexit merely reinforces the political logic that has become an imperative. On the one hand, […]
Brexit: What are the lessons for Europe?
By Catherine Mathieu and Henri Sterdyniak The British vote to leave the European Union is aggravating the political crisis in Europe and in many European countries. […]