Inequality and macroeconomic models
By Stéphane Auray and Aurélien Eyquem “All models are wrong, some are useful.” This quote from George Box has often been used to justify the […]
OFCE blog
War in Ukraine: What short-term effects on the French economy?
by Xavier Ragot, with contributions from Céline Antonin, Elliot Aurissergues, Christophe Blot, Eric Heyer, Paul Malliet, Mathieu Plane, Raoul Sampognaro, Xavier Timbeau, Grégory Verdugo. The […]
The essential, the useless and the harmful (part 3)
By Éloi Laurent Is humanity a pest? For the other beings of Nature who find it increasingly difficult to coexist with humans on the planet, […]
The essential, the useless and the harmful (part 2)
By Eloi Laurent How do we know what we can do without while continuing to live well? To clarify this sensitive issue, economic analysis offers […]
The essential, the useless and the harmful (part 1)
Éloi Laurent The Covid-19 crisis is still in its infancy, but it seems difficult to imagine that it will lead to a “return to normal” […]
The transmission of monetary policy: The constraints on real estate loans are significant!
By Fergus Cumming (Bank of England) and Paul Hubert (Sciences Po – OFCE, France) Does the transmission of monetary policy depend on the state of […]
Are our inequality indicators biased?
By Guillaume Allègre The issue of inequality is once again at the heart of economists’ concerns. Trends in inequality and its causes and consequences are […]
Negative interest rates: Challenge or opportunity for Europe’s banks?
By Whelsy Boungou It has been five years since commercial banks, in particular those in the euro zone, have faced a new challenge, that of […]
The impact on redistribution of the ECB’s monetary policy
By Jérôme Creel and Mehdi El Herradi A few weeks before Christine Lagarde assumes the presidency of the European Central Bank (ECB), it may be useful […]
The OFCE optimistic about growth – “As usual”?
By Magali Dauvin and Hervé Péléraux In the spring of 2019, the OFCE forecast real GDP growth of 1.5% for 2019 and 1.4% for 2020 (i.e. […]