Le blog du CEPII
Stéphane Lhuissier

Business Cycles in Europe since 1970

PostDecember 10, 2015
By Stéphane Lhuissier
This column reports the nature and the amplitude of economic cycles in the Euro area since 1970, with a focus on the role of financial factors in generating these cycles.

Back to the Great Moderation?

PostApril 30, 2015
By Stéphane Lhuissier
Following the largest financial shock since the Great Depression, modern industrial countries appear to be coming back to a moderate growth trajectory, as was the case for the last three decades.

Quantitative Easing: were markets surprised?

PostJanuary 24, 2015
By Stéphane Lhuissier
The ECB has announced that it will launch in March its first round of quantitative easing. The announcement contains some good and bad surprises: the size of the ECB's plan is gigantic, while the Central Bank was unclear about the Greek issue. How was this announcement perceived by markets?