Dispersion of company markups internationally
Stéphane Auray and AurélienEyquem The strong globalization of economies has increased interest in the importance of markups for companies with an international orientation. A markup […]
What factors drove the rise in euro zone public debt from 1999 to 2019?
by Pierre Aldama Between 1999 and 2019, the eve of the Covid-19 pandemic, the public debts of the 11 oldest euro zone members had risen by […]
Monetary Policy During the Pandemic: Fit for Purpose?
Christophe Blot, Caroline Bozou and Jérôme Creel In a recent Monetary Dialogue Paper for the European Parliament, we review and assess the different policy measures […]
Spain: Beyond the economic and social crisis, opportunities to be seized
by Christine Rifflart Spain has been hit hard in 2020 by the Covid-19 health crisis, which the authorities are struggling to control, accompanied by an […]
Public debt: Central banks to the rescue?
By Christophe Blot and Paul Hubert In response to the health and economic crisis, governments have implemented numerous emergency measures that have pushed public debt up […]
Waiting for the recovery in the US
By Christophe Blot As with the economic performance of all the industrialized countries, economic activity fell off sharply in the second quarter of 2020 across […]
Europe/US: How has fiscal policy supported income?
By Christophe Blot, Magali Dauvin and Raul Sampognaro The sharp fall in activity and its brutal social consequences have led governments and central banks to enact ambitious support […]
What more could the central banks do to deal with the crisis?
By Christophe Blot and Paul Hubert The return of new lockdown measures in numerous countries is expected to slow the pace of economic recovery and even lead […]
Europe’s recovery plan: Watch out for inconsistency!
by Jérôme Creel (OFCE & ESCP Business School) [1] On 27 May, the European Commission proposed the creation of a new financial instrument, Next Generation EU, endowed […]
Sweden and Covid-19: No lockdown doesn’t mean no recession
By Magali Dauvin and Raul Sampognaro, DAP OFCE Since the Covid-19 pandemic’s arrival on the old continent, a number of countries have taken strict measures […]