[eng] Excessive production costs for French firms are often seen as a prominent cause of their poor performances in terms of employment, exports and investment. Business taxes higher in France than abroad are currently presented as a major villain, especially so since labor costs growth has been...

[eng] The adoption of the common currency within a context of European fiscal systems diversity could lead to fierce tax competition. Capital income taxation is at stake. The fiscal gap on the corporate income tax between the European country is measured with the cost of capital concept. We find...

[eng] New indicators of effective exchange rates were published in the November issue of the OFCE monthly newsletter; this will be continued on a regular basis. The purpose of this note is to state the methods used to build these indicators and to present a selection of the series calculated and...

[eng] Two Decompositions of National Income in the Major OECD Countries Jérôme Henry, Jacques Le Cacheux Two alternative decompositions of national income are commonly undertaken : the division of value added amongst major actors of the production process, i.e. the distribution of gross income...

[eng] This article analyses price setting behaviour in the European automobile market, and its relation to the exchange rate. Sale price data for individual cars sold in five countries (Belgium, France, Germany, Italy and the United Kingdom) are examined. The purpose of the analysis is to...

[fre] Les réformes mises en œuvre en Russie dans le cadre de la transition vers l'économie de marchés ont engendré une détérioration sensible des conditions de vie de la population. Les hausses consécutives à la libération des prix décrétée en janvier 1992, la persistance d'une...

[eng] Elements of a new Agricultural Policy Jacques Le Cacheux et Henri Mendras The European common agricultural policy (CAP) had initially been conceived as a device to ensure the expansion of agricultural production thanks to the modernization of techniques and the intensification of...

[eng] Reforming monetary and financial institutions and mechanisms and establishing currency convertibility are two major elements in the transition process currently under way in Eastern European economies and in their opening up to world markets for goods and capital. Indeed until recently...

[eng] France and Italy facing their European Destiny Michel Aglietta and Jacques Le Cacheux Over the past few decades, the French and Italian economies have gone through disturbances that have, in many respects, been similar. The economic policies carried out on both sides of the Alps have,...