Is Greece in the process of divorce?
By Jérôme Creel The ongoing Greek saga is looking more and more like an old American TV series. JR Ewing returns to the family table […]
Jérôme Creel
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 […]
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 […]
The ECB – or how to become less conventional
By Jérôme Creel and Paul Hubert The gloomy economic situation in the euro zone and the deflationary risks it is facing are leading the members of […]
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 […]
Does financial instability really undermine economic performance?
By Jérôme Creel, Paul Hubert and Fabien Labondance What relationship can be established between the degree to which an economy is financialized (understood as the […]
Does too much finance kill growth?
By Jérôme Creel, Paul Hubert and Fabien Labondance Is there an optimal level of financialization in an economy? An IMF working paper written by Arcand, […]
The Cypri-hot case!
By Jérôme Creel In advance of a more in-depth study of the crisis in Cyprus and its impact on the euro zone, here are a […]