Analyse: Wirtschaftspolitik und Institutionen

In diesem Strategiepapier versucht Jean-Paul Fitoussi, Vorsitzender von OFCE, die Unterschiede der wirtschaftspolitischen Strategien auf beiden Seiten des Atlantiks zu verstehen. 

Why since at least two decades macroeconomic policies have been so active in the US and so passive in Europe? Why governments in Europe do accept rather passively a persistent high level of unemployment? What explains their apparent resignation to a slow growth trend? Is there a fundamental difference in institutions that can explain such a prolonged difference in growth performances?

In this policy paper, Jean-Pierre Fitoussi, president of the OFCE, provides these questions with various answers according to the periods considered. 

To read the policy paper in full, please click here.