On the taxation of household income and capital
By Henri Sterdyniak The idea is very widespread that in France unearned income benefits from an especially low level of taxation and that the French system could be made fairer by simply raising […]
Fiscal policy
Should the Stability and Growth Pact be strengthened?
By Jérôme Creel, Paul Hubert and Francesco Saraceno The European fiscal crisis and the ensuing need to reduce the levels of public debt accelerated the […]
Replacing the “Prime pour l’emploi” benefit by a reduction in employee social security contributions on low wages
By Guillaume Allègre Nicolas Sarkozy has announced plans to replace the “prime pour l’emploi” benefit (“PPE”) by lowering the social security contributions of workers earning […]
Fiscal policy honoured
By Jérôme Creel “The size of many multipliers is large, particularly for spending and targeted transfers.” Who today would dare to write such a thing?
The 35 billion euro man
By Henri Sterdyniak Sarkozy has cost France 500 billion. This is the central point of the book Un quinquennat de 500 milliards d’euros [A 500 […]
Austerity is not enough
By André Grjebine and Francesco Saraceno It is certainly possible to question whether the role acquired by the rating agencies in the international economy is […]
The economic crisis is a crisis of economic policy
By Jean-Luc Gaffard The simultaneous increase of inflation and unemployment in the 1970s indicated that Keynesian theory and policy had run into a wall. No […]
In defense of France’s “family quotient”
By Henri Sterdyniak At the start of 2012, some Socialist Party leaders have renewed the claim that the “family quotient” tax-splitting system is unfair because […]
AAA, AA+: much Ado About no+hing?
by Jérôme Creel The loss of France’s AAA rating on Friday the 13th ofJanuary 2012 was a historic event. It poses three questions: should the […]
Regaining confidence in the euro: Three pressing issues
By Jérôme Creel In a communication on European economic governance before the European Parliament’s ECON Committee on Monday, 17 October 2011, three pressing issues were […]