2013: what impact will the (national) fiscal measures have on growth?
By Mathieu Plane This text supplements the October 2012 forecasts for the French economy After having detailed the multiplier effects expected for the different fiscal […]
public deficit
What is the value of the fiscal multipliers today?
By Xavier Timbeau We inherited higher public deficits and greatly increased public debts from the crisis (Table 1). Reducing these will require a major fiscal […]
France: will the war of the 3% take place?
By Eric Heyer This text summarizes the OFCE’s October 2012 forecasts for the French economy. The French economy is expected to see average annual growth […]
Less austerity = more growth and less unemployment
Eric Heyer and Xavier Timbeau The European Commission has just released its spring forecast, which anticipates a recession in 2012 for the euro zone (“mild” […]
Must balancing the public finances be the main goal of economic policy
By Henri Sterdyniak The financial crisis of 2007-2012 caused a sharp rise in public deficits and debt as States had to intervene to save the […]
Should the Stability and Growth Pact be strengthened?
By Jérôme Creel, Paul Hubert and Francesco Saraceno The European fiscal crisis and the ensuing need to reduce the levels of public debt accelerated the […]
The 35 billion euro man
By Henri Sterdyniak Sarkozy has cost France 500 billion. This is the central point of the book Un quinquennat de 500 milliards d’euros [A 500 […]