Rotation of voting on the ECB Governing Council: more than symbolic?
By Sandrine Levasseur Lithuania’s adoption of the euro on 1 January brought the number of euro zone members to nineteen, the threshold at which the […]
Does housing wealth contribute to wealth inequality?
par Guillaume Allègre and Xavier Timbeau In a response to Capital in the twenty-first century, Odran Bonnet, Pierre-Henri Bono, Guillaume Chapelle and Etienne Wasmer (2014) attempt to show […]
On debate in economics
By Guillaume Allègre, @g_allegre To Bernard Maris, who nurtured debate on economics with his talent and his tolerance You have reasons for not liking economists. This […]
Is the ECB impotent?
Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance In June 2014, the ECB announced a set of new measures (a detailed description of which is provided in […]
Austerity and purchasing power in France
By Mathieu Plane Is France implementing an austerity policy? How can it be measured? Although this question is a subject of ongoing public debate, it […]
The official introduction of the euro in Lithuania: does it really make no difference?
Sandrine Levasseur On 1 January 2015, Lithuania adopted the euro officially, becoming the 19th member of the euro zone. The adoption was in reality formal, […]
Labour market reform in Italy: Matteo Renzi up against the wall
By Céline Antonin While Matteo Renzi had enjoyed a relative “state of grace” since his election in February 2014, the Senate vote in early December […]
An unprecedented retreat by the euro zone’s banks
By Anne-Laure Delatte, CNRS, OFCE, CEPR, Visiting Lecturer at Princeton University Another small step was taken last month towards a euro zone banking union when […]
Banking Europe: Strength in the Union?
By Céline Antonin and Vincent Touzé On 4 November 2014, the European Central Bank became the single supervisor of banks in the euro zone. This was […]
Devaluation through wages in the euro zone: a lose-lose adjustment
by Sabine Le Bayon, Mathieu Plane, Christine Rifflart and Raul Sampognaro Since the outbreak of the financial crisis in 2008 and the sovereign debt crisis in […]