The dilemma of competitiveness
By Jean-Luc Gaffard The competitiveness of a country is a complex subject. Some people rebel against the very concept on the grounds that it can’t […]
2013: what impact will the (national) fiscal measures have on growth?
By Mathieu Plane This text supplements the October 2012 forecasts for the French economy After having detailed the multiplier effects expected for the different fiscal […]
What is the value of the fiscal multipliers today?
By Xavier Timbeau We inherited higher public deficits and greatly increased public debts from the crisis (Table 1). Reducing these will require a major fiscal […]
A review of the recent literature on fiscal multipliers: size matters!
By Eric Heyer Are the short-term fiscal multipliers being underestimated? Is there any justification for the belief that fiscal restraint can be used to drastically reduce […]
Why has French growth been revised downwards?
By Bruno Ducoudré and Eric Heyer In its October 2012 forecasts, the OFCE has revised its growth forecast for 2012 and 2013. The major international […]
Has monetary policy become ineffective?
By Christophe Blot, Catherine Mathieu and Christine Rifflart This text summarizes the special study of the October 2012 forecast. Since the summer of 2007, the […]
Pigeons: how to tax entrepreneurial income? (2/2)
By Guillaume Allègre and Xavier Timbeau After having proposed in the 2013 Budget Bill to tax gains from the sale of securities at the progressive […]
Should households pay for a competitiveness shock?
By Henri Sterdyniak France is suffering from an industrial problem. Its current account balance went from a surplus of 2.6% of GDP in 1997 to […]
Long-term competitiveness based on an environmental tax
By Jacques Le Cacheux “Shock” or “Pact”? The debate over the loss of France’s competitiveness has recently focused on how fast a switchover from employer payroll […]
Pigeons: how to tax capital gains (1/2)
By Guillaume Allègre and Xavier Timbeau After having proposed in the 2013 Budget Bill to tax gains from the sale of securities at the progressive […]