Measuring precautionary savings related to the risk of unemployment
By Céline Antonin The question of how disposable income is shared between savings and consumption involves trade-offs that take place at the household level and […]
Fiscal policy
Trump’s budget policy: Mortgaging the future?
By Christophe Blot While the momentum for growth has lost steam in some countries – Germany, France and Japan in particular – GDP in the […]
What strategy for internally rebalancing the euro zone?
By Sébastien Villemot and Bruno Ducoudré The euro zone has made significant efforts to reduce its trade imbalances since the outbreak of the financial crisis. […]
The potential headache of measuring economies in public expenditure
By Raul Sampognaro Since 2009, the French budget deficit has been cut by 3.3 GDP points, from 7.2 percent of GDP in 2009 to 3.9 […]
Lower taxation on business but higher on households
By Mathieu Plane and Raul Sampognaro Following the delivery of the Gallois Report in November 2012, the government decided at the beginning of Francois Hollande’s five-year […]
Greece: When history repeats itself
By Jacques Le Cacheux The duration of the Greek crisis and the harshness of the series of austerity plans that have been imposed on it […]
Argentina’s experience of debt crisis
By Augusto Hasman and Maurizio Iacopetta There is still a lot of uncertainty around the possible paths that Greece can follow in the near feature. […]
The infinite clumsiness of the French budget
By Xavier Timbeau, @XTimbeau In the draft budgetary plan presented to the European Commission on 15 October 2014, it is clear that France fails to […]
Fiscal policy and macroeconomic stability in an economic and monetary union: the case of the West African Economic and Monetary Union (WAEMU)
By Mamadou DIOP and Adama DIAW The idea that fiscal policy is an effective tool of economic policy for stimulating the real economy has neither […]
Following the decision of France’s Constitutional Council: the impossible merger of the RSA and PPE social welfare programmes
By Henri Sterdyniak In June 2014, the government had Parliament approve a new provision for the gradual reduction of employee payroll taxes intended to boost […]