The dual mandate, the Fed and the ECB
By Jérôme Creel and Francesco Saraceno Since 21 September 2011, the US Federal Reserve has launched Operation Twist to reallocate its balance sheet to reduce […]
Forced borrowing: the WMD of fiscal policy
By Jean-Paul Fitoussi, Gabriele Galateri di Genola and Philippe Weil A spectre is haunting Europe – the spectre of sovereign default. All the powers of old Europe […]
What impact will fiscal policy have on French growth?
By Eric Heyer The proper framework for analyzing the French economy is a large economy that is not very open, and not a small open […]