The effects of the oil counter-shock: The best is yet to come!
By Eric Heyer and Paul Hubert After falling sharply over the past two years, oil prices have been rising once again since the start of the […]
What Donald Trump’s economic programme reveals
By Xavier Ragot The US elections are proving to be very revealing. Three different perspectives on the current elections are yielding insights into three areas: […]
Is the decline of industry due to the growth of services?
By Sarah Guillou On Friday, April 8 2016, the Observatoire Français des Conjonctures Economiques (OFCE) began a series of quarterly seminars on the analysis of […]
Small recovery after a big crisis
By the Analysis and Forecasting Department This text summarizes the 2016-2017 outlook for the global economy and the euro zone. Click here to consult the […]
Unemployment: beyond the (good) figures from France’s job centre
Analysis and Forecasting Department (France team) The 60,000 person decline in March for the number of people registered in Category A at France’s Pôle emploi […]
The national living wage: a new means to boost low wages in the United Kingdom
By Catherine Mathieu On 1 April 2016, a national living wage (NLW) took effect in the United Kingdom. This may come as a surprise to […]
Can steel revive Europe’s industrial policy?
By Sarah Guillou The situation of the European steel industry was on the agenda of the European Council’s Competitiveness session held on Monday, 29 February […]
The ECB is extending its QE programme but mixes up its communications
By Paul Hubert On Thursday, March 10, after the meeting of its Governing Council, the European Central Bank (ECB) announced a series of additional measures […]
Matteo Renzi’s Jobs Act: A very guarded optimism
By Céline Antonin At a time when the subject of labour market reform has aroused passionate debate in France, Italy is drawing some initial lessons […]
Do QE programmes create bubbles?
By Christophe Blot, Paul Hubert and Fabien Labondance Has the implementation of unconventional monetary policies since 2008 by the central banks created new bubbles that […]