The Risk of Economic Policy Uncertainty on France’s Growth
Economic models predict that uncertainty, following the no-confidence vote and the resignation of the Barnier government, will cause an additional…
Laurent Ferrara
Professor of International Economics, part of SKEMA Centre for Global Risks, SKEMA Business School - University Côte d'Azur, France
Forecasting the present: The role of Google data in assessing real-time economic conditions
What if we could forecast the present? If you are not an economist, this question may seem silly. For example,…
Biden’s plan: an American stimulus package with global consequences
After a $900bn package approved in late December 2020, in March 2021 the Biden administration launched a second stimulus worth $1,900 billion, mainly to support households and increase public spending. Shortly afterwards, President Biden announced an investment plan aiming to boost economic growth, together with a plan for families and education.
Economists then asked the effects of such an enormous stimulus on the US economy, wondering whether it would cause it to overheat. They also began to question the global consequences of these two plans.
Will Joe Biden’s stimulus plan for the US economy cause it to overheat?
American GDP figures published on 28 January 2021 show that the country’s economy continued to grow in Q4 2020 at…
Does the Great Recession imply the end of the Great Moderation? International evidence
Evolution in macroeconomic volatility Time-varying uncertainty about macroeconomic conditions, generally measured by the variance of its GDP growth (what we…
