The redistributive effects of the ECB’s QE programme
By Christophe Blot, Jérôme Creel, Paul Hubert, Fabien Labondance and Xavier Ragot Rising inequality in income and wealth has become a key issue in discussions […]
Christophe Blot
The ECB’s quantitative easing exercise: you’re never too young to start
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance The ECB decision to launch a quantitative easing (QE) programme was widely anticipated. Indeed, on several occasions in the […]
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 […]
Recovery aborted
By Christophe Blot This text draws on the article “Le piège de la déflation: perspectives 2014-2015 pour l’économie mondiale” [The deflation trap: the 2014-2015 outlook for […]
Does growth in the euro zone really depend on a hypothetical German fiscal stimulus?
By Christophe Blot and Jérôme Creel The debate on economic policy in Europe was re-ignited this summer by Mario Draghi during the now traditional symposium […]
Dealing with the ECB’s triple mandate
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance The financial crisis has sparked debate about the role of the central banks and monetary […]
Why a negative interest rate?
Christophe Blot and Fabien Labondance As expected, on 5 June 2014 the European Central Bank (ECB) unleashed an arsenal of new unconventional measures. The aim is […]
What do we know about the end of monetary unions?
By Christophe Blot and Francesco Saraceno The European elections were marked by low turnouts and increasing support for Eurosceptic parties. These two elements reflect a […]
What Reforms for Europe?
by Christophe Blot [1], Olivier Rozenberg [2], Francesco Saraceno [3] et Imola Streho [4] From May 22 to May 25 Europeans will vote to elect the […]
Euro zone: Recovery or deflation?
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Danielle Schweisguth This text summarizes the OFCE’s forecast for 2014-2015 for the euro zone economy Will […]