Doesn’t real estate capital really contribute to inequality?
By Guillaume Allègre and Xavier Timbeau In a response to Capital in the twenty-first century, Odran Bonnet, Pierre-Henri Bono, Guillaume Chapelle and Etienne Wasmer (2014) […]
OFCE blog
Unemployment insurance for the euro zone?
By Xavier Timbeau In the latest publication of France’s Treasury Department, Lettre Trésor-Eco, no. 132, June 2014 (Ministère des Finances et des Comptes publics and […]
What options for the European Central Bank?
By Paul Hubert All eyes are now on the ECB, whose recent statements indicate that it is concerned about the risk of deflation in the […]
Rock around the Clock: an explanation of flash crashes
Sandrine Jacob Leal,[1] Mauro Napoletano,[2] Andrea Roventini,[3] Giorgio Fagiolo[4] On May 6 2010, contemporaneously with the unprecedented price decrease of the E-Mini S&P500[5], many US […]
How many euros per job created?
By Guillaume Allègre, @g_allegre The Responsibility Pact, the CICE competitiveness tax break, reductions on social security charges … is it possible to reduce the evaluation […]
And what if the ECB respected its mandate!
By Christophe Blot Article 127 of the Treaty on the Functioning of the European Union (TFEU), i.e. former Article 105 of the Maastricht Treaty, states […]
Revising the budget in Croatia: yes, but … for whom and why?
By Sandrine Levasseur Under the excessive deficit procedure that Croatia has been subject to since 28 January 2014, the country’s government has been obliged to revise […]
Central banks and public debt: dangerous liaisons?
By Christophe Blot Since 2008, monetary policy has been in the forefront of efforts to preserve financial stability and stem the economic crisis. Though the […]
Croatia under the Excessive Deficit Procedure: which measures should be implemented?
By Sandrine Levasseur How to put public finances on a good track when (almost) all measures regarding spending cuts and tax increases have been already […]
What’s masked by the fall in US unemployment rates
By Christine Rifflart Despite the further decline in the US unemployment rate in December, data from the Bureau of Labor Statistics released last week confirms […]