Should family benefits be cut? Should they be taxed?
By Henri Sterdyniak The government has set a target of balancing the public accounts by 2017, which would require cutting public spending by about 60 […]
Fiscal policy
Should spending on unemployment benefits be cut?
By Gérard Cornilleau The Cour des comptes [Court of Auditors] has presented a report on the labour market which proposes that policy should be better […]
The tax credit to encourage competitiveness and jobs – what impact?
By Mathieu Plane Following the submission to the Prime Minister of the Gallois Report on the pact for encouraging the competitiveness of French industry, the […]
Spain: a lose-lose strategy
by Danielle Schweisguth At a time when the IMF has publicly recognized that it underestimated the negative impact of fiscal adjustment on Europe’s economic growth, […]
Could France have a different fiscal policy?
By Jérôme Creel Shouldn’t the economic crisis that is gripping the euro zone, including France, lead to calling into question the approach being taken by […]
iAGS, independent Annual Growth Survey 2013
by OFCE (Paris), ECLM (Copenhagen) and IMK (Düsseldorf) The independent Annual Growth Survey (iAGS) brings together a group of internationally competitive economists from three European […]
The dilemma of competitiveness
By Jean-Luc Gaffard The competitiveness of a country is a complex subject. Some people rebel against the very concept on the grounds that it can’t […]
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 […]
A review of the recent literature on fiscal multipliers: size matters!
By Eric Heyer Are the short-term fiscal multipliers being underestimated? Is there any justification for the belief that fiscal restraint can be used to drastically reduce […]