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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.

These articles are now available in the Banque de France Bulletin in an "Economic Research" section as of the May-June 2019 issue.

April

Publication Rue de la Banque no. 23:
Nowcasting global economic growth

Global economic growth has a strong bearing on the pace of activity in the euro area and in France. The IMF provides an assessment of the global economy in its World Economic Outlook report, which is published twice yearly. In between these...

By Ferrara Laurent, Marsilli Clément
  • Published on 04/02/2016
  • EN
  • PDF (401.9 KB)

April

Publication Rue de la Banque no. 22:
Contribution of information and communication technologies (ICT) to growth

The contribution of information and communication technologies (ICT) to economic growth has stabilised since the early 2000s in industrialised countries. To date the euro area has benefited less from this than the United States. Appropriate policies...

By Clerc Christian, Bresson Lea
  • Published on 04/01/2016
  • EN
  • PDF (430.34 KB)

March

Publication Rue de la Banque no. 21:
Down payment and indebtedness ratios:how French banks limit their mortgage risks

French banks habitually use indebtedness ratios when they grant mortgages to households. In France, this policy is not driven by regulatory constraints but allows banks to avoid excessive risk-taking. This issue of Rue de la Banque assesses the...

By Dietsch Michel, Welter-Nicol Cécile
  • Published on 03/02/2016
  • EN
  • PDF (396.73 KB)

March

Publication Rue de la Banque no. 20:
Specialisation in international trade: facts, vulnerabilities and remedies

Countries tend to specialise in international trade as shown by the strong concentration of foreign trade. A country exports on average 10% of all existing goods and derives half of its export earnings from only 1% of its exported goods. As regards...

By Steingress Walter
  • Published on 03/01/2016
  • EN
  • PDF (592.75 KB)

February

Publication Rue de la Banque no. 19:
Households’ real estate and financial asset holdings: what differences in investment behaviour within the euro area?

Household wealth differs significantly across euro area countries, both in terms of real estate asset holdings and of the composition of financial portfolios. This issue of Rue de la Banque summarises the initial studies on the composition of household...

By Arrondel Luc, Savignac Frédérique
  • Published on 02/02/2016
  • EN
  • PDF (462.94 KB)

February

Publication Rue de la Banque no. 18:
The transmission of liquidity risk through international banks

This Rue de la Banque presents the results for France of the first research project undertaken by the International Banking Research Network (IBRN). This project focuses on periods of financial stress, which are traditionally characterised by lower...

By Bussière Matthieu, Schmidt Julia, Camara Boubacar, Castellani François-Daniel, Potier Vincent
  • Published on 02/01/2016
  • EN
  • PDF (460.75 KB)

January

Publication Rue de la Banque no. 17:
Monetary policy without interest rates. The French experience with quantitative controls (1948 to 1973)

The global crisis has fostered a debate about the use of quantitative instruments by central banks. This issue of Rue de la Banque looks at French monetary policy, during the period known as the Trente Glorieuses,when the central bank relied on...

By Monnet Eric
  • Published on 01/02/2016
  • EN
  • PDF (593.07 KB)

January

Publication Rue de la Banque no. 16:
Trade, wages, and collective bargaining

International trade favours exports but also creates opportunities for offshoring. This Rue de la Banque studies the impact of firm-level trade activities on wages, as well as the role of collective bargaining. Both exports and offshoring have a...

By Carluccio Juan, Fougère Denis, Gautier Erwan
  • Published on 01/01/2016
  • EN
  • PDF (535.94 KB)