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[eng] Industrial hiccup. Forecast for 1999-2000 for the French economy Forecast for 1999-2000 for the French economy Division Economie fran aise Growth is expected to reach 2.6% and 3.2% in 1999 and 2000 respectively. By the end of 1998 and the beginning of 1999, the French industry has slowed...
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[eng] The State, as a shock absorber Forecast for the French economy in 2000 and 2001 Division Economie Francaise In 2000, the raise in oil price represented a levy on the GDP of around 0,5 %. Indirect taxes were lowered to alleviate the inflationary consequences. So the virtuous dynamics...
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[eng] Net. growth Forecast for the French economy in 2000 and 2001 Division economie francaise The GDP growth is expected to reach 4,2 % and 3,8 % in 2000 and 2001 respectively. Private consumption growth will stay high, being sustained by ample job creations, by present and advertised tax...
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From 1997 to 2001, the French unemployment rate fell by around 4 points. We show it can reach 5 % in 2005 under favorable but realistic assumptions. Lower interest rates could imply a higher investment rate, which would however remain under its level in the 60s. This would allow a 1.1 point fall...
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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...
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