Showing 1 - 10 of 1,606
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
The export performance of the French economy relative to its own past and relative to a major trading partner, Germany, has deteriorated. The risk analysis indicates that French firms have seen a significant improvement in the corporate health, and seem resilient to the recent financial shock...
Persistent link: https://www.econbiz.de/10014404491
U.S. shocks explain a large part of French output common components. This paper analyzes the economic implications of two alternative welfare financing reforms: a reduction in payroll taxes funded by an increase in consumption taxes, and the other funded by a new levy on business value added....
Persistent link: https://www.econbiz.de/10014404706
This Selected Issues paper analyzes the recent French inflation behavior. The paper demonstrates that the recent change in French headline inflation behavior resulted from a few idiosyncratic, i.e., transient, factors. The paper describes the model setup and calibration of some crucial economic...
Persistent link: https://www.econbiz.de/10014405771
This Selected Issues paper analyzes the performance of French banks and the financial support measures taken by the French government. France has a large and sophisticated financial system, which accounts for 10 percent of the global banking system and 5 percent of global capital markets. This...
Persistent link: https://www.econbiz.de/10014406033
This Selected Issues paper first explains the recent increase in trend growth and then discusses how labor market and … tax policies could best sustain it. This study calculates French trend growth estimating simultaneously a Cobb …–Douglas production technology and total factor productivity. The main conclusion is that French trend growth indeed increased during the …
Persistent link: https://www.econbiz.de/10014406168
question of fiscal benefits of job-rich growth in France during 1997–2000 …
Persistent link: https://www.econbiz.de/10014406202
counterfactual exercise suggests that a lower return to experience could be responsible for lower early wage growth in France …
Persistent link: https://www.econbiz.de/10014406928
major forces behind the recent and projected growth in expenditure …
Persistent link: https://www.econbiz.de/10014397240
This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background,...
Persistent link: https://www.econbiz.de/10014397924