Wages and the ECB monetary policy
Discussions on wage dynamics in the Euro Area. The momentum is now higher (2%) but not sufficient to push core inflation on the upside. The enigma is not solved yet.…
Philippe Waechter's blog
USA – The risk of rising inflation is limited
Investors and economists are now very attentive to the US labor market momentum. Its profile is expected to give information on the future of inflation and on the reaction of…
Video – The Second Machine Age – Thoughts on New Technologies
After the publication of their book, the Second Machine Age, Andrew McAfee and Erik Brynjolfsson give an interview on their thoughts on the acceleration of technical progress and its impact…
Two Remarks on Industrial Policy and on Employment
Industry is generally seen as a source of employment on a large-scale. This is often, at least implicitly, the reason to highlight the need for an industrial policy. It does…
Change on the Labor Market in the Euro Area
In July, for the second month in a row, the number of unemployed has decreased in the Euro Area. We can see this change of the first chart below. This…