Euro zone: Recovery or deflation?
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Danielle Schweisguth This text summarizes the OFCE’s forecast for 2014-2015 for the euro zone economy Will […]
euro zone
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 […]
Revisions of the growth potential: the impact on deficits
By Hervé Péléraux Public finances – battered by the Great Recession At the end of the Great Recession of 2008/09, the fiscal problem that governments […]
Manic-depressive austerity: let’s talk about it!
By Christophe Blot, Jérôme Creel, and Xavier Timbeau Following discussions with our colleagues from the European Commission [1], we return to the causes of the […]
The euro zone quartered
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Danielle Schweisguth This text summarizes the OFCE’s 2013-2014 forecast for the euro zone economy. After six quarters […]
Is the euro area out of recession?
By Philippe Weil At its meeting on October 9th, the Euro Area Business Cycle Dating Committee of the Centre for Economic Policy Research (CEPR) in London […]
Shocks, unemployment and adjustment – the limits of the European union
By Christophe Blot In an article published in 2013 in Open Economies Review [1], C. A. E. Goodhart and D. J. Lee compare the mechanisms […]
Does too much finance kill growth?
By Jérôme Creel, Paul Hubert and Fabien Labondance Is there an optimal level of financialization in an economy? An IMF working paper written by Arcand, […]
Competitiveness: danger zone!
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Catherine Mathieu The crisis affecting the euro zone is the result of macroeconomic and financial imbalances […]
Monetary policy and property booms: dealing with the heterogeneity of the euro zone
By Christophe Blot and Fabien Labondance The transmission of monetary policy to economic activity and inflation takes place through various channels whose role and importance […]