Policy Center Lecture: Xavier Ragot
Title: France and Germany – Inevitably on Diverging Paths?
Speaker: Xavier Ragot (Professor of Economics, Paris School of Economics, President, OFCE, Paris)
Since the early 2000s, France and Germany are following different trends. Germany is close to full employment and an exporting power house. Just the opposite appears to hold true for France. In particular wage moderation has contributed to the comparative German success, accounting for two fifths of the performance difference between the two most important Eurozone economies. The French supply problems appear to result largely from maladjustments in Europe – and between France and Germany, in particular.
Graduate of the École Polytechnique, Xavier Ragot, CNRS researcher and associate professor at Paris School of Economics, is currently President of the French Economic Observatory (Observatoire Français des Conjonctures Économiques, OFCE), an institute dedicated to economic research and forecasting. He is also a member of the Economic Commission of the Nation as well as serving on the Council Economic Analysis of the Prime Minister. His research focuses on monetary and financial macroeconomics. Xavier Ragot has published in renowned academic journals such as Economic Journal, Journal of Economic Theory, Journal of Monetary Economics and the European Economic Review. Moreover, he has contributed in numerous publications to topical issues economic policy making.