The debacle of austerity
By Xavier Timbeau This text summarizes the OFCE’s October 2012 forecasts. The year 2012 is ending, with hopes for an end to the crisis disappointed. […]
multiplier
Fiscal policy honoured
By Jérôme Creel “The size of many multipliers is large, particularly for spending and targeted transfers.” Who today would dare to write such a thing?
Regaining confidence in the euro: Three pressing issues
By Jérôme Creel In a communication on European economic governance before the European Parliament’s ECON Committee on Monday, 17 October 2011, three pressing issues were […]