Being a macroeconomist today – Part 1
The reflection on what a macroeconomist should be today continues. Tomorrow’s macroeconomics will be conditioned by the need to converge towards carbon neutrality. This is the only reasonable hypothesis that…
Philippe Waechter's blog
Being a macroeconomist today
To be an economist, one must be a theorist, a statistician, a historian and an intellectual. One must feed on the world that is in order to build the world…
A new international order is emerging
A few days before Donald Trump’s arrival at the White House, the feeling shared by all is that the international balance is going to be upset.The global dynamic has long…
AI and inequalities in the labor market
Technological shocks are often seen as causing risky situations in the labour market.This question is old, it was well described by Alfred Sauvy in “The Machine and Unemployment” (1980).The arrival…
Europe and its industrial policy
The United States and China have chosen to strengthen their industrial policy in order to continue to innovate and stay on course for technological dynamics that generate productivity and additional…
The end of carbon neutrality?😰
During the holiday season there was no respite.The international press and bloggers have been asking a lot of questions about Donald Trump’s arrival at the White House.Two axes were privileged:…
Can our financial system support the green transition when the going gets tough?
In a post on the ECB blog, its Vice-President Luis de Guindos presents the three scenarios used in the stress tests to measure the resilience of the financial system during…
Chinese growth rethought by the authorities
For many months, since its exit from confinement, the Chinese economy has been worrying. Its growth is weaker and it is worrying because without resolving the imbalance in the real…