Economic Review

2004 - 2025

From National Bank of Belgium
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Economic projections for Belgium – Autumn 2014 pp. 7-28: National Bank of Belgium
Normalisation of monetary policy: prospects and divergences pp. 29-52: Naim Cordemans and Ide Stefaan
Recent changes in saving behaviour by Belgian households: the impact of uncertainty pp. 53-62: Raïsa Basselier and Geert Langenus
Main lessons of the NBB’s 2014 conference “Total factor productivity: measurement, determinants and effects” pp. 63-76: Emmanuel Dhyne and Catherine Fuss
Results and financial situation of firms in 2013 pp. 77-102: David Vivet
The 2013 social balance sheet pp. 103-146: Pierrette Heuse

Outlook for the finances of the Communities and Regions pp. 04-22: Patrick Bisciari, W. Melyn and L. Van Meensel
Creating export value. An analysis of Belgium pp. 23-38: Cédric Duprez
Global imbalances and gross capital flows pp. 39-60: P. Butzen, M. Deroose and S. Ide
Household debt: evolution and distribution pp. 61-81: Philip Du Caju, Th. Roelandt, Chr. Van Nieuwenhuyze and M.-D. Zachary
Lessons from the US for the institutional design of EMU pp. 82-101: P. Butzen, S. Cheliout and H. Geeroms
The how and why of a negative rate for the deposit facility pp. 102-111: M. Kasongo Kashama

Economic projections for Belgium – Spring 2014 pp. 07-27: National Bank of Belgium
Is government spending the key to successful consolidation? pp. 29-44: M. Nautet, Ruben Schoonackers, P. Stinglhamber and L. Van Meensel
Employees: too expensive at 50? The age component in wage-setting pp. 61-74: Y. Saks
Using BREL to nowcast the Belgian business cycle: the role of survey data pp. 75-98: Ch. Piette and G. Langenus
Financial integration and fragmentation in the euro area pp. 99-125: M. de Sola Perea and Ch. Van Nieuwenhuyze

Economic projections for Belgium – Autumn 2013 pp. 07-26: National Bank of Belgium
Trends in tax systems in the EU pp. 27-45: B. Eugène, Patrick Bisciari, M. Nautet, P. Stinglhamber and L. Van Meensel
Measuring inflation: the stakes and the state of play pp. 47-66: J. Langohr
What inflation developments reveal about the Phillips curve: implications for monetary policy pp. 67-76: Arnoud Stevens
Results and financial situation of firms in 2012 pp. 77-99: David Vivet
The 2012 social balance sheet pp. 101-137: P. Heuse

The Belgian economy in global value chains. An exploratory analysis pp. 07-21: Cédric Duprez and L. Dresse
Decoupled and resilient? The changing role of emerging market economies in an interconnected world pp. 23-39: Christian Buelens
Structure and distribution of household wealth: An analysis based on the HFCS pp. 41-62: Philip Du Caju
Causes and implications of the low level of the risk-free interest rate pp. 63-88: Jef Boeckx, N. Cordemans and Maarten Dossche
Company financing in Belgium: Analysis using supply and use tables pp. 89-115: Xavier Deville

Economic projections for Belgium – Spring 2013 pp. 07-26: National Bank of Belgium
Structural dynamics of Belgium’s foreign trade pp. 27-38: Emmanuel Dhyne and Cédric Duprez
Business Demography pp. 39-56: F. Verduyn
Size and dynamics of debt positions in Belgium and in the euro area pp. 57-77: A. Bruggeman and Ch. Van Nieuwenhuyze
Real estate wealth by institutional sector pp. 79-93: Gh. Poullet

Economic projections for Belgium - Autumn 2012 pp. 07-23: National Bank of Belgium
Labour market integration of the population of foreign origin pp. 25-43: T. De Keyser, Ph. Delhez and H. Zimmer
Belgium’s progress towards SEPA – the Single Euro Payments Area pp. 45-68: J. Vermeulen
Results and financial situation of firms in 2011 pp. 69-99: David Vivet
The 2011 social balance sheet pp. 101-133: Ph. Delhez, P. Heuse and H. Zimmer
Endogenous financial risk: The seventh international conference of the NBB pp. 135-146: H. Dewachter, Grégory de Walque, M. Emiris, P. Ilbas, J. Mitchell and Raf Wouters

What is the role played by the Eurosystem during the financial crisis ? pp. 7-28: Jef Boeckx
Belgian business investment in the context of the crisis pp. 29-44: F. De Sloover, K. Burggraeve and L. Dresse
Euro area labour markets and the crisis pp. 45-54: J. De Mulder and M. Druant
Labour market mismatches pp. 55-68: H. Zimmer

Economic projections for Belgium - Spring 2012 pp. 7-29: National Bank of Belgium
What can we and can't we infer from the recourse to the deposit facility? pp. 31-37: Jef Boeckx and S. Ide
Monetary policy in the United States and the euro area during the crisis pp. 39-63: N. Cordemans and S. Ide
Reform of the Special Finance Act for the Communities and Regions pp. 65-85: Patrick Bisciari and L. Van Meensel
Asset formation by households during the financial crisis pp. 87-100: Philip Du Caju
New developments in the economic governance of the European Union pp. 101-120: E. De Prest, H. Geeroms and G. Langenus

Economic projections for Belgium – Autumn 2011 pp. 7-20: National Bank of Belgium
Public sector wages pp. 21-33: B. Eugène
The distributive trade sector and its impact on euro area prices pp. 35-52: D. Cornille and J. Langohr
International trade in services. A growing contribution to Belgium’s current balance pp. 53-68: Cédric Duprez
Results and financial situation of firms in 2010 pp. 69-104: D. Vivet
The 2010 social balance sheet pp. 105-139: P. Heuse and H. Zimmer

Economic impact of the public debt pp. 7-19: M. Nautet and L. Van Meensel
The Europe 2020 strategy pp. 21-45: P. Heuse and H. Zimmer
Developments in private consumption over the past three years pp. 47-58: V. Baugnet and L. Dresse
The economic impact of the fight against climate change pp. 59-76: A. Bruggeman
The impact of low interest rates on household financial behaviour pp. 77-91: P. Stinglhamber, Ch. Van Nieuwenhuyze and M.-D. Zachary

Economic projections for Belgium – Spring 2011 pp. 7-26: National Bank of Belgium
Central bank rates, market rates and retail bank rates in the euro area in the context of the recent crisis pp. 27-52: N. Cordemans and M. de Sola Perea
End of the crisis in the housing markets ? An international survey pp. 53-71: V. Baugnet, P. Butzen, S. Cheliout, W. Melyn and Q. Wibaut
Behaviour of Belgian firms in the context of globalisation: lessons from the conference on “International Trade: Threats and Opportunities in a Globalised World” pp. 73-88: Emmanuel Dhyne, L. Dresse, Catherine Fuss and Ch. Piette
The Belgian labour market during and after the crisis pp. 89-104: J. De Mulder and M. Druant