And what if the ECB respected its mandate!
By Christophe Blot Article 127 of the Treaty on the Functioning of the European Union (TFEU), i.e. former Article 105 of the Maastricht Treaty, states […]
blog OFCE
Revising the budget in Croatia: yes, but … for whom and why?
By Sandrine Levasseur Under the excessive deficit procedure that Croatia has been subject to since 28 January 2014, the country’s government has been obliged to revise […]
Should we be celebrating the fall in unemployment at end 2013?
By Bruno Ducoudré and Eric Heyer Every quarter, the INSEE publishes the unemployment rate as defined by the International Labour Office (ILO): for the fourth […]
Central banks and public debt: dangerous liaisons?
By Christophe Blot Since 2008, monetary policy has been in the forefront of efforts to preserve financial stability and stem the economic crisis. Though the […]
The responsibility pact’s obligation of a result
By Xavier Timbeau, @XTimbeau, OFCE The original French text was published in the “Rebonds” section of the newspaper Libération on 28 February 2014. Is the policy supply-side or […]
Growth in the 4th quarter of 2013, but …
By Hervé Péléraux According to the OFCE’s leading indicator, the French economy has grown by 0.5% in the fourth quarter of 2013. This result, which […]
Why not Sundays – but at what price?
By Gérard Cornilleau With respect to opening DIY stores on Sundays, one aspect of the issue has never been raised. It nevertheless concerns the majority […]
Revisions of the growth potential: the impact on deficits
By Hervé Péléraux Public finances – battered by the Great Recession At the end of the Great Recession of 2008/09, the fiscal problem that governments […]
Manic-depressive austerity: let’s talk about it!
By Christophe Blot, Jérôme Creel, and Xavier Timbeau Following discussions with our colleagues from the European Commission [1], we return to the causes of the […]
The Barnier proposal on banking regulation: whence the wrath?
By Jean-Paul Pollin (Université d’Orléans) and Jean-Luc Gaffard This time the evidence is there and it’s irrefutable: the reaction of the French “authorities” to the […]