[eng] This article deals with the latest developments of European union. Since the beginning of the European monetary system in economic and monetary convergence has strengthened in Europe ; national discrepancies still persist. The latest official propositions the national reactions they have...

[fre] Les déficits publics en Europe : suggestions pour un nouvel indicateur de l'orientation de la politique budgétaire par Catherine Bruno . L'évolution des déficits publics en Europe depuis 1970 peut donner l'impression d'un laxisme généralisé. Toutefois, la dégradation de la...

[eng] International real business cycles : is Germany a locomotive for France ? Catherine Bruno A major focus of attention in macroeconomics in recent years has been to identify empirically the forces that induce fluctuations in econo- mic aggregates. The motivation of this literature has been...

[eng] Adjustments on French, German and American labour markets : what do you learn about unemployment in Europe ? Catherine Bruno and Catherine Fuss During the last twenty five years, unemployment in Europe had a positive trend independently of the business cycle, although in the United States...

[eng] Efficiency and Formation of Expectations in Exchange Markets The aim of this article is twofold : first to analyse the efficiency properties of the French franc and the American dollar exchange markets : second, to determine the nature of exchange rate expectations in these markets for...

[eng] This paper analyses the sources of fluctuations of the Solow residual. This is a widely used measure of growth of total factor productivity. The analysis is conducted on data on six sectors manufacturing, energy, market and non-market services, building construction), five OECD countries...

[eng] Real Business Cycle, VAR Representation and the Openness of the French Economy Catherine Bruno, Franck Portier Two fruitful extensions of the RBC paradigm were recently developed. The first one concerns the open economy and is motivated by some empirical regularities in key international...

[eng] Over the last twenty years, youth unemployment has become a major issue of the French labour market situation. It explains the increasing public intervention in the labour market targeted to the youths. This article tries to shed some light on two main aspects of the youth labour market...