In the context of a still high unemployment rate, the recurring debate around the Social security deficits calls for an enlargement of the way growing needs could be financed. A solution that has recently been contemplated would lie in the introduction of a new contribution on the value-added...

Since 1984, the OFCE has developed a quarterly macroeconometric model for the French economy, which has been used both for budget policy analyses and short and medium term forecasts. This model evolved, along with current theoretic and econometric advances. It was simplified and estimated with...

The financial and banking crisis in France, as in all industrialized countries, has had a considerable impact on the activity and evolution of public finances. If the lack of activity accumulated since the beginning of the crisis is expected to take over the next decade, the level of public debt...

The economic and financial crisis has given way to Keynesian fiscal policy. To avoid a collapse of economic and financial system, all OECD countries have implemented recovery plans. Even if the uncertainty regarding the recovery is high, time is now, in most countries, for the adoption of fiscal...

French GDP is expected to fall slightly in 2013(-0.2%)and recover by a modest 0.6% in 2014. Five years after thestart of the crisis, the French economy has a strong potential for recovery: GDP could grow spontaneously by2.6%per year on average in 2013 and 2014. But this spontaneousrecovery...