Economic Review

2004 - 2025

From National Bank of Belgium
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Economic projections for Belgium – Autumn 2018 pp. 7-30: National Bank of Belgium
The track record of the National Bank of Belgium’s macroeconomic projections pp. 31-50: Geoffrey Minne, T. De Keyser and G. Langenus
Slowdown in productivity pp. 51-66: J. De Mulder and H. Godefroid
Low productivity growth pp. 67-80: N. Cordemans
House prices and economic growth in Belgium pp. 81-106: P. Reusens and Ch. Warisse
Does financial market volatility influence the real economy? pp. 107-124: Bruno De Backer
Full employment, mismatches and labour reserve pp. 125-145: N. Nautet
Recent developments in the financial situation and the social data of non-financial corporations pp. 146-186: Pierrette Heuse and Ilse Rubbrecht

America’s new trade policy and its impact on the Belgian economy pp. 7-34: N. Cordemans, Cédric Duprez and Ken Kikkawa
What will happen when interest rates go up? pp. 35-56: Jef Boeckx, M. de Sola Perea, M. Deroose, Grégory de Walque, Thomas Lejeune and Ch. Van Nieuwenhuyse
The rise of the sharing economy pp. 57-78: R. Basselier, G. Langenus and L. Walravens
Is job polarisation accompanied by wage polarisation? pp. 79-90: F. De Sloover and Y. Saks
Recent international trends in corporate taxation: more competition or more convergence? pp. 91-124: B. Coppens, Ruben Schoonackers, L. Van Meensel and S. Van Parys

Economic projections for Belgium – Spring 2018 pp. 7-32: National Bank of Belgium
Local government finances in Belgium pp. 33-62: B. Coppens, P. Stinglhamber, L. Van Meensel and S Van Parys
Can China avoid the middle-income trap? pp. 63-78: K. Buysse, Dennis Essers and E. Vincent
Are inflation and economic activity out of sync in the euro area? pp. 79-96: N. Cordemans and Joris Wauters
Shedding new light on the mortgage debt of households in Belgium pp. 97-114: Philip Du Caju, M. Emiris, Ch. Piette and M.-D. Zachary
Energy transition: impact and economic stakes for firms pp. 115-140: C. Swartenbroekx

Economic projections for Belgium – Autumn 2017 pp. 7-28: National Bank of Belgium
Are bank loans being granted to the best-performing firms ? pp. 29-41: Cédric Duprez and Ch. Piette
Towards a new policy mix in the euro area ? pp. 63-91: P. Butzen, S. Cheliout, N. Cordemans, E. De Prest, W. Melyn, L. Van Meensel and S. Van Parys
Up or out ? Portrait of young high?growth firms in Belgium pp. 93-113: J. De Mulder, H. Godefroid and C. Swartenbroekx
Recent developments in the financial situation of firms pp. 115-134: P. Heuse and D. Vivet

The negative interest rate policy in the euro area and the supply of bank loans pp. 42-61: M. de Sola Perea and M. Kasongo Kashama

Sustainable and green finance: exploring new markets pp. 7-24: S. Ben Hadj, J. De Mulder and M.D. Zachary
The world is a village… The integration of Belgian firms into the world economy pp. 25-36: Emmanuel Dhyne and Cédric Duprez
The potential growth of the Belgian economy pp. 37-53: R. Basselier, G. Langenus and P. Reusens
Better understanding the upward trend in the number of disability insurance claimants pp. 55-68: Y. Saks
The cyclical and structural determinants of the low interest rate environment pp. 69-86: Bruno De Backer and Joris Wauters
The global financial safety net:In need of repair ? pp. 87-112: Dennis Essers and E. Vincent

Economic projections for Belgium – Spring 2017 pp. 7-29: National Bank of Belgium
Public sector efficiency in Belgium pp. 31-41: D. Cornille, P. Stinglhamber and L. Van Meensel
Low interest rates and their impact on Belgian households pp. 43-59: V. Baugnet, Philip Du Caju and M.-D. Zachary
Analysis of the developments in residential property prices: Is the Belgian market overvalued ? pp. 61-77: Ch. Warisse
Digital currencies: Threats and opportunities for monetary policy pp. 79-92: Arnoud Stevens
Services inflation: The Belgian exception pp. 93-109: J. Jonckheere and H. Zimmer
Low inflation in the euro area: Causes and consequences pp. 111-125: M. Deroose and Arnoud Stevens

Economic projections for Belgium – Autumn 2016 pp. 7-30: National Bank of Belgium
Helicopter money and debt-financed fiscal stimulus: one and the same thing ? pp. 31-40: M. Kasongo Kashama
Socio-economic transitions on the labour market: a European benchmarking exercise pp. 41-58: Y. Saks
Three Regions, three economies ? pp. 59-73: Emmanuel Dhyne and Cédric Duprez
Findings from the European survey on wage-setting pp. 75-86: D. Cornille
The sustainability of public finances in the context of population ageing pp. 87-103: W. Melyn, L. Van Meensel and S. Van Parys
The transmission mechanism of new and traditional instruments of monetary and macroprudential policy pp. 105-117: Raf Wouters
Results and financial situation of firms in 2015 pp. 119-157: I. Rubbrecht and D. Vivet

Monetary and fiscal policies in the euro area: independent but nevertheless connected pp. 7-25: Jef Boeckx and M. Deroose
The distribution of household wealth in Belgium: initial findings of the second wave of the Household Finance and Consumption Survey (HFCS) pp. 27-43: Philip Du Caju
Belgium’s inward and outward foreign direct investment pp. 45-62: Cédric Duprez and Ch. Van Nieuwenhuyze
How to stimulate entrepreneurship in Belgium ? pp. 63-80: J. De Mulder and H. Godefroid
Why is investment in the euro area continuing to show only weak recovery ? pp. 81-98: P. Butzen, S. Cheliout, E. De Prest, S. Ide and W. Melyn
Should government investment be promoted ? pp. 99-113: W. Melyn, Ruben Schoonackers, P. Stinglhamber and L. Van Meensel

Economic projections for Belgium – Spring 2016 pp. 7-28: National Bank of Belgium
The ABC of quantitative easing - Or the basics of central bank asset purchases pp. 29-41: N. Cordemans, M. Deroose, M. Kasongo and Arnoud Stevens
The economic consequences of the flow of refugees into Belgium pp. 43-61: K. Burggraeve and C. Piton
Internal resources, bank credit and other funding sources: what are the alternatives for businesses in Belgium? pp. 63-83: Ch. Piette and M.-D. Zachary
The 2014 social balance sheet pp. 85-116: P. Heuse