The shortfall in European investment
Sébastien Bock, Aya Elewa, Sarah Guillou, Mauro Napoletano, Lionel Nesta, Evens Salies, Tania Treibich Since Robert Solow’s early work, we have known that long-term economic […]
Euro area
Why – and how – to make Next Generation EU (NGEU) sustainable
Frédéric Allemand, Jérôme Creel, Nicolas Leron, Sandrine Levasseur and Francesco Saraceno The Next Generation EU (NGEU) instrument was created during the pandemic to finance the recovery and, above all, to […]
How will US fiscal policy affect pressure on prices?
by Elliot Aurissergues, Christophe Blot and Caroline Bozou The latest inflation figures for the United States confirm the trends seen over the last few months. […]
Should the ECB be concerned about the recent rise in inflation?
by Christophe Blot, Caroline Bozou and Jérôme Creel In August 2021, inflation in the euro area reached 3% year-on-year. This level, which has not been […]
What factors drove the rise in euro zone public debt from 1999 to 2019?
by Pierre Aldama Between 1999 and 2019, the eve of the Covid-19 pandemic, the public debts of the 11 oldest euro zone members had risen by […]
It seems like it’s raining billions
Jérôme Creel, Xavier Ragot, and Francesco Saraceno The second meeting of the Eurogroup did the trick. The Ministers of Finance, after having once again laid out […]
Europe’s fiscal rules – up for debate
By Pierre Aldama and Jérôme Creel At the euro zone summit in December 2018, the heads of state and government hit the brakes hard on […]
The euro-isation of Europe
By Guillaume Sacriste, Paris 1-Sorbonne and Antoine Vauchez, CNRS and Paris 1-Sorbonne In the latest article in La Revue de l’OFCE (no. 165, 2019), accessible […]
Italy’s debt: Is the bark worse than the bite?
By Céline Antonin The spectre of a sovereign debt crisis in Italy is rattling the euro zone. Since Matteo Salvini and Luigi di Maio came […]
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 […]