[eng] Forecasts for the French economy in 1994-2000 Loic Cadiou, Gerard Cornilleau, Catherine Mathieu France's growth rate should reach 3.5 % in 1995. Will this recovery be long-lasting ? In order to explore all the possibilites, two scenarios have been considered : the first one is...

[eng] The Puzzle of lost Consumption Loic Cadiou The procyclical movement of the household savings rate has reinfor- ced the slowdown of the French economy from 1990 to 1993. This movement was both substantial and unexpected, since households' beha- viour usually smoothes domestic demand...