Inequality and macroeconomic models
By Stéphane Auray and Aurélien Eyquem “All models are wrong, some are useful.” This quote from George Box has often been used to justify the […]
Economic theory
Jean-Paul Fitoussi, brilliant economist and public intellectual, by Xavier Ragot
Born on 19 August 1942 in La Goulette (Tunisia), died on 15 April 2022 in Paris The economist Jean-Paul Fitoussi passed away on 15 April […]
The transmission of monetary policy: The constraints on real estate loans are significant!
By Fergus Cumming (Bank of England) and Paul Hubert (Sciences Po – OFCE, France) Does the transmission of monetary policy depend on the state of […]
The OFCE optimistic about growth – “As usual”?
By Magali Dauvin and Hervé Péléraux In the spring of 2019, the OFCE forecast real GDP growth of 1.5% for 2019 and 1.4% for 2020 (i.e. […]
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 […]
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 […]
The Janus-Faced Nature of Debt
by Mattia Guerini, Alessio Moneta, Mauro Napoletano, Andrea Roventini The financial and economic crises of 2008 have been intimately interwined with the dynamics of debt. […]
Some clarifications on economic negationism
By Pierre Cahuc and André Zylberberg We would like to thank Xavier Ragot for permitting us to respond to his comments about our book, Le […]
“The economic negationism” of Cahuc and Zylberberg: the first-order economy
By Xavier Ragot The book by Pierre Cahuc and André Zylberberg[1] is an injunction to take scientific truths about economics into account in the public […]