What can be deduced from the figures on inflation?
By Eric Heyer In May, inflation in the euro area moved closer to the ECB target. The sharp rise in inflation, from 1.2% to 1.9% […]
Eric Heyer
Which new path for raising labour productivity?
By Bruno Ducoudré and Eric Heyer The industrialized countries are experiencing what seems to be a persistent slowdown in the growth of labour productivity since […]
The effects of the oil counter-shock: The best is yet to come!
By Eric Heyer and Paul Hubert After falling sharply over the past two years, oil prices have been rising once again since the start of the […]
An ever so fragile recovery
By the Department of Analysis and Forecasting, under the direction of Eric Heyer and Xavier Timbeau This text summarizes the OFCE’s economic forecast for 2015-2017 for the […]
A fall in the unemployment rate according to the ILO: the false good news
By Bruno Ducoudré and Eric Heyer Two days following the announcement by France’s unemployment agency Pôle Emploi of an increase in Class A job seeker registrations […]
Unemployment figures: the chill returns in April
By Analysis and Forecasting Department (OFCE-DAP) While the slowing increase in the number of job seekers registered with France’s Pôle Emploi unemployment agency in the […]
The planetary alignment has not always been favourable to the euro zone countries
By Eric Heyer and Raul Sampognaro In 2015, the euro zone economies will benefit from a favourable “planetary alignment” (with the euro and oil prices down […]
The coming recovery
By the Analysis and Forecasting Department, under the direction of Eric Heyer and Xavier Timbeau This text summarises the OFCE 2015-2016 economic outlook for the euro […]
Is France’s trade deficit entirely structural?
By Eric Heyer The issue at the heart of the debate between those arguing that a lack of supply is behind the low level of […]
Decline of the euro and competitive disinflation: who’s going to gain the most?
By Bruno Ducoudré and Eric Heyer For nearly two years, between mid-2012 and mid-2014, the euro appreciated against the world’s major currencies. Having reached a level […]