Important change of course at the Elysée Palace. Austerity is no longer the priority
By Xavier Timbeau, Twitter: @XTimbeau (published in Le Monde on Thursday 16 January 2014, p. 17) When he was elected François Hollande made fiscal discipline […]
OFCE blog
TOFLIT18: for a better understanding of the French economy
By Loïc Charles and Guillaume Daudin* Recurrent questions on our economies are, to quote a few: Which factors and actors are key for economic development? […]
Latvia: goodbye lats, hello euro!
By Céline Antonin On 1 January 2014, Latvia will become the 18th member of the euro zone, two years after its Estonian neighbour. From a […]
Is the French tax-benefit system really redistributive?
By Henri Sterdyniak [1] France has set up benefits such as RSA income support, PPE in-work negative income tax, CMU universal health care, the minimum pension, housing […]
From austerity to stagnation
By Xavier Timbeau Since 2010, the European Commission has published the Annual Growth Survey to stimulate discussion on the occasion of the European semester, during […]
The myth of fiscal reform
By Henri Sterdyniak On 19 November, the French Prime Minister announced that he was suspending the implementation of the “ecotax” and working on a major […]
Towards a major fiscal reform – at last!
By Guillaume Allègre, @g_allegre At the start of the week, Jean-Marc Ayrault announced an overhaul of the French tax system that would involve, among other […]
The trend in unemployment: no reversal in sight
By Bruno Ducoudré The government has announced that the trend in unemployment will be reversed by the end of 2013. The number of jobseekers registered […]
Is it pointless to separate banking activities?
Jean-Luc Gaffard and Jean-Paul Pollin It is at the European level that the last chance for a structural reform of the banking system can be […]
The chiaroscuro of the ECB’s “forward guidance” *
By Paul Hubert and Fabien Labondance “The Governing Council expects the key interest rates to remain at present or lower levels for an extended period […]