Economic Review

2004 - 2025

From National Bank of Belgium
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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

Economic projections for Belgium – Autumn 2015 pp. 7-29: National Bank of Belgium
Sensitivity to the crisis of SME financing in Belgium pp. 31-45: Ch. Piette and M.-D. Zachary
Macroeconomic determinants of non-performing loans pp. 47-65: Bruno De Backer, Philip Du Caju, M. Emiris and Ch. Van Nieuwenhuyze
Has the reorganisation of global production radically changed demand for labour? pp. 67-81: J. De Mulder and Cédric Duprez
Monetary policy communication in the wake of the great recession pp. 83-101: N. Cordemans
Main CompNet research results pp. 103-116: Emmanuel Dhyne, Cédric Duprez and Catherine Fuss
Results of the third wave of the survey on wage-setting in Belgium pp. 117-133: D. Cornille
Results of the third wave of the survey on wage-setting in Belgium pp. 135-161: I. Rubbrecht and D. Vivet

Interactions between monetary and macroprudential policy pp. 7-29: Jef Boeckx, P. Ilbas, M. Kasongo Kashama, M. de Sola Perea and Ch. Van Nieuwenhuyze
Has the crisis altered the Belgian economy’s DNA ? pp. 31-43: Emmanuel Dhyne and Cédric Duprez
Corporate profit margins: recent developments in a context of low inflation pp. 45-59: V. Baugnet and T. De Keyser
Factors explaining emerging economies’ growth slowdown pp. 61-79: K. Buysse and E. Vincent

Economic projections for Belgium – Spring 2015 pp. 6-30: National Bank of Belgium
The relationship between economic growth and employment pp. 32-52: K. Burggraeve, Grégory de Walque and H. Zimmer
Decomposition of the dynamics of sovereign yield spreads in the euro area pp. 54-75: Bruno De Backer
Analysis of policies for restoring sound Belgian public finances pp. 76-99: Patrick Bisciari, B. Eugène, W. Melyn, Ruben Schoonackers, P. Stinglhamber, L. Van Meensel and S. Van Parys
Deflation in Japan, Abenomics and lessons for the euro area pp. 100-124: Jef Boeckx, P. Butzen, N. Cordemans and S. Ide