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 […]
OFCE blog
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 minimum wage: from labour costs to living standards. Comparing France, Germany and the UK
By Odile Chagny, IRES, Sabine Le Bayon, Catherine Mathieu, Henri Sterdyniak, OFCE Most developed countries now have a minimum wage, including 22 of the 28 EU countries. […]
The dilemmas of immaterial capitalism
By Sarah Guillou A review of: Jonathan Haskel and Stian Westlake, Capitalism Without Capital. The Rise of the Intangible Economy, Princeton University Press, 2017, 288 pp. This […]
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 […]
France’s growth in 2018-2019: What the forecasters say …
By Sabine Le Bayon and Christine Rifflart Following the INSEE’s publication of the first version of the accounts for the fourth quarter of 2017 and […]
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 […]
No love lost for Chinese investors!
By Sarah Guillou In his speech of 15 January 2017, France’s Minister of Economy and Finance, Bruno Le Maire, speaks of “plundering investments”, suspecting Chinese […]
High-frequency trading and regulatory policies. A tale of market stability vs. market resilience
by Sandrine Jacob Leal and Mauro Napoletano Over the past decades, high-frequency trading (HFT) has sharply increased in US and European markets. HFT represents a […]