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Rue de la Banque

The Rue de la Banque series is a collection of short, non-technical articles, in which Banque de France researchers sum up their work on a particular topic. Each article contains charts and a bibliography for those who want to explore the subject further.


Publication Rue de la Banque no. 56:
Does the Phillips curve still exist?

Estimates from the Banque de France show that the slope of the Phillips curve in the euro area has remained weak but stable and significantly different from zero since the crisis. In the G7 countries, the coefficient of past inflation has become...

  • Published on 02/12/2018
  • 5 pages
  • EN
  • PDF (665.75 KB)


Publication Rue de la Banque no. 55:
The role of real estate in euro area wealth inequality: lessons from the Household Finance and Consumption Survey

We analyse the role of real estate in wealth inequality within the euro area using data from the Eurosystem’s Household Finance and Consumption Survey. We demonstrate that the level of inequality declines with the homeownership rate. Furthermore, the...

By Garbinti Bertrand, Savignac Frédérique
  • Published on 01/25/2018
  • 5 pages
  • EN
  • PDF (637.58 KB)


Publication Rue de la Banque no. 54:
Is price dispersion a concern for French consumers?

Deviations from ‘optimal prices’ may imply that monetary policy is not efficiently transmitted to inflation, hindering central banks’ objective of price stability. But is price dispersion also a concern for consumers? This Rue de la Banque describes...

  • Published on 01/08/2018
  • 5 pages
  • EN
  • PDF (623.84 KB)