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 […]
Fiscal policy
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 Eurozone rely on the US?
by Christophe Blot, Caroline Bozou and Jérôme Creel The Covid-19 pandemic has led governments and central banks around the world to implement expansionary fiscal and […]
The “modern theory of money” – is it useful?
by Xavier Ragot A heated debate is currently taking place in macroeconomics. The change in US economic policy following the election of Joe Biden has […]
Reducing uncertainty to facilitate economic recovery
Elliot Aurissergues (Economist at the OFCE) As the health constraints caused by the pandemic continue to weigh on the economy in 2021, the challenge is […]
Europe/US: How has fiscal policy supported income?
By Christophe Blot, Magali Dauvin and Raul Sampognaro The sharp fall in activity and its brutal social consequences have led governments and central banks to enact ambitious support […]
What more could the central banks do to deal with the crisis?
By Christophe Blot and Paul Hubert The return of new lockdown measures in numerous countries is expected to slow the pace of economic recovery and even lead […]
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 […]
What do the fiscal stimulus strategies in the United States and Europe reveal?
By Christophe Blot and Xavier Timbeau In parallel with the decisions taken by the US Federal Reserve and the European Central Bank (ECB), governments are […]