Unemployment: beyond the (good) figures from France’s job centre
Analysis and Forecasting Department (France team) The 60,000 person decline in March for the number of people registered in Category A at France’s Pôle emploi […]
OFCE blog
The national living wage: a new means to boost low wages in the United Kingdom
By Catherine Mathieu On 1 April 2016, a national living wage (NLW) took effect in the United Kingdom. This may come as a surprise to […]
Can steel revive Europe’s industrial policy?
By Sarah Guillou The situation of the European steel industry was on the agenda of the European Council’s Competitiveness session held on Monday, 29 February […]
The ECB is extending its QE programme but mixes up its communications
By Paul Hubert On Thursday, March 10, after the meeting of its Governing Council, the European Central Bank (ECB) announced a series of additional measures […]
Matteo Renzi’s Jobs Act: A very guarded optimism
By Céline Antonin At a time when the subject of labour market reform has aroused passionate debate in France, Italy is drawing some initial lessons […]
Do QE programmes create bubbles?
By Christophe Blot, Paul Hubert and Fabien Labondance Has the implementation of unconventional monetary policies since 2008 by the central banks created new bubbles that […]
A new EU arrangement for the United Kingdom: European lessons from the February 19th agreement
By Catherine Mathieu and Henri Sterdyniak Following the demand made by David Cameron on 10 November 2015 for a new arrangement for the United Kingdom […]
Unemployment: an ambiguous fall, but an unambiguous rise in long-term jobless
Analysis and Forecasting Department (France team) The unemployment figures for the month of January 2016 published by France’s Pôle Emploi job centre show a fall […]
Why can’t Greece get out of debt?
By Sébastien Villemot Between 2007 and 2015, Greece’s public debt rose from 103% to 179% [1] of its GDP (see chart below). The debt-to-GDP ratio […]
Is missing disinflation a uniquely American phenomenon?
By Paul Hubert, Mathilde Le Moigne Are the dynamics of inflation after the 2007-2009 crisis atypical? According to Paul Krugman, “If inflation had responded to […]