This paper should be read as complementary to my last briefing paper (N3, September 2001) The European policy mix At its meeting on 8 November, the Governing Council of the ECB decided to reduce the minimum bid rate on the main refinancing operations of the Eurosystem by 50 basis points to...

This draft of our contribution to “The politics and economics of change in European social models” book project, is focused on the relation between macroeconomic policies and social models in the EU 15 during the last two decades. It first describes the shift towards the Maastricht...

L'ambition de l'Europe sociale, malgré les discours, est en voie de redéfinition, pour mieux satisfaire des critères d'efficacité et d'adaptation à la mondialisation. Cet article montre que le programme consensuel qui émerge des conférences européennes, même s'il tente de prendre aussi...

In this paper, we try to point out some important weaknesses of the contemporary French social-economic model, focusing on relevant elements of comparison with Nordic countries. In doing so, we rely on the idea that large and small countries differ in terms of growth and governance strategies....

Introduction à "Jean-Marcel Jeanneney à l'OFCE - Fondations et contributions (1981-1989)", Revue de l'OFCE, 2011.

Dans la foulée du Rapport Stiglitz-Sen-Fitoussi, nous proposons ici de nouvelles réflexions sur le progrès social et le bien-être, qui annoncent de nouveaux travaux et de nouvelles avancées. À partir de quelques exemples simples empruntés à l'actualité, nous montrons d'abord comment...

The reversal in the trend of productivity growth between the US and the UK on one side, and the main countries of continental Europe on the other, appears with great evidence from the data. The current debate focuses on differences in labour market performance, which should account for the...

Jean-Marcel Jeanneney était un économiste rare, à la fois théoricien, empiriste et praticien. C’est son aventure à la tête de l’OFCE que ce livre raconte, ou plutôt qu’il laisse l’auteur lui-même conter au travers d’articles écrits depuis le premier jour de son premier mandat...

The two recent macroeconomic shocks that hit the world economy - the surge of oil and food prices and the subprime crisis – have revived the attention of policy makers and economists on the consequences of shocks, symmetric and asymmetric, and on the appropriateness of the EMU institutional...

The issue of whether globalization has yielded structural changes in the process of inflation is crucial for the definition of the role of monetary policy, and for an assessment of the strategies followed by central banks around the world. This briefing paper will first frame the argument by...