Europe’s fiscal rules – up for debate
By Pierre Aldama and Jérôme Creel At the euro zone summit in December 2018, the heads of state and government hit the brakes hard on […]
eurozone
The euro is 20 – time to grow up
By Jérôme Creel and Francesco Saraceno [1] At age twenty, the euro has gone through a difficult adolescence. The success of the euro has not been aided […]
Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
The ECB is still worried about the weakness of inflation
By Christophe Blot, Jérôme Creel and Paul Hubert The President of the European Central Bank, Mario Draghi, recently announced that the increase in the ECB’s […]
Missing deflation – unique to America?
By Paul Hubert, Mathilde Le Moigne Was the way inflation unfolded after the 2007-2009 crisis atypical? According to Paul Krugman: “If inflation [note: in the […]
How can Europe be saved? How can the paradigm be changed?
By Xavier Ragot There are new inflections in the debate over the construction of Europe. New options from a variety of economic and political perspectives […]
The 2018 European economy: A hymn to reform
By Jérôme Creel The OFCE has just published the 2018 European Economy [in French]. The book provides an assessment of the European Union (EU) following […]
Labour force participation rates and working time: differentiated adjustments
By Bruno Ducoudré and Pierre Madec In the course of the crisis, most European countries reduced actual working time to a greater or lesser extent […]
Where are we at in the euro zone credit cycle?
By Christophe Blot and Paul Hubert In December 2016, the European Central Bank announced the continuation of its Quantitative Easing (QE) policy until December 2017. […]
Is the recovery on the right path?
Analysis and Forecasting Department This text is based on the 2016-2018 outlook for the world economy and the euro zone, a full version of which […]