Report
Patrick Artus

France: It would be good to base the economic policy debate on real mechanisms

The economic policy debate in France would be more transparent and democratic if it was based on "real" economic mechanisms, and not, which is sometimes the case, on untruths. For example, it has to be admitted that: All available studies show that an increase in low-skilled labour cost s has a very negative effect on low-skilled employment; Income inequality after redistribution is stable and low, thanks to large-scale redistributive policies; Income distribution has been in favour of employees for 20 years; The growth in companies’ dividends cannot have had a negative effect on their investment.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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