Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
OFCE blog
What can be deduced from the figures on inflation?
By Eric Heyer In May, inflation in the euro area moved closer to the ECB target. The sharp rise in inflation, from 1.2% to 1.9% […]
The end of a cycle?
OFCE Analysis and Forecasting Department This text is based on the 2018-2019 outlook for the world economy and the euro zone, a full version of […]
The French policy mix and support for private R&D: What realities for what results?
By Benjamin Montmartin France can be viewed as a unique experimental laboratory in terms of public support for investment in R&D. Indeed, since the Research […]
The French economy: Lasting or transitory slowdown?
By the OFCE France team On Friday, April 27, the INSEE published the national accounts for the first quarter of 2018. With growth of 0.3%, […]
The ECB is still worried about the weakness of inflation
By Christophe Blot, Jérôme Creel and Paul Hubert The President of the European Central Bank, Mario Draghi, recently announced that the increase in the ECB’s […]
Missing deflation – unique to America?
By Paul Hubert, Mathilde Le Moigne Was the way inflation unfolded after the 2007-2009 crisis atypical? According to Paul Krugman: “If inflation [note: in the […]
The 2018 European economy: A hymn to reform
By Jérôme Creel The OFCE has just published the 2018 European Economy [in French]. The book provides an assessment of the European Union (EU) following […]
Which new path for raising labour productivity?
By Bruno Ducoudré and Eric Heyer The industrialized countries are experiencing what seems to be a persistent slowdown in the growth of labour productivity since […]
High-frequency trading and regulatory policies. A tale of market stability vs. market resilience
by Sandrine Jacob Leal and Mauro Napoletano Over the past decades, high-frequency trading (HFT) has sharply increased in US and European markets. HFT represents a […]