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Working papers

The Working Paper Series showcases research work being conducted at the Banque de France on the development of analytical tools for use in macroeconomic forecasting, monetary policy conduct and the safeguarding of financial stability. The papers do not necessarily reflect the position of the Banque de France or the Eurosystem.

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August

Publication Working Paper Series no. 568:
Credible Wage Bargaining and the Joint Dynamics of Unemployment and Inflation
By Clerc Pierrick
  • Published on 08/31/2015
  • EN
  • PDF (571.84 KB)
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August

Publication Working Paper Series no. 567:
On the coherence and the predictive content of the French Bank Lending Survey’s indicators (in French)
By Levieuge Grégory
  • Published on 08/01/2015
  • EN
  • PDF (805.66 KB)
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August

Publication Working Paper Series no. 566:
Explaining and forecasting bank loans. Good times and crisis

This paper aims to develop a parsimonious model to explain and forecast bank loans to non-financial companies during calm periods as well as in situations of financial turmoil. In doing so, we are led to gauge the marginal informational content of...

By Levieuge Grégory
  • Published on 08/01/2015
  • EN
  • PDF (704.44 KB)
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August

Publication Working Paper Series no. 565:
Structural and atheoretic approaches to micro-econometrics of public policy evaluation (in french)
By Roux Sébastien
  • Published on 08/01/2015
  • EN
  • PDF (479.46 KB)
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July

Publication Working Paper Series no. 564:
Civic capital and the Vertical Integration of Service Provision: Evidence from Italy
By Bürker Matthias, Minerva G. Alfredo
  • Published on 07/01/2015
  • EN
  • PDF (559.28 KB)
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July

Publication Working Paper Series no. 563:
Aid and Growth. Evidence from Firm-Level Data
By Chauvet Lisa, Ehrhart Hélène
  • Published on 07/01/2015
  • EN
  • PDF (547.07 KB)
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July

Publication Working Paper Series no. 562:
Towards Recoupling? Assessing the Global Impact of a Chinese Hard Landing through Trade and Commodity Price Channels
By Rebillard Cyril
  • Published on 07/01/2015
  • EN
  • PDF (1.82 MB)
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June

Publication Working Paper Series no. 561:
Financial integration and growth correlation in Sub-Saharan Africa
By Acalin Julien, Cabrillac Bruno, Dufrénot Gilles, Jacolin Luc, Diop Samuel
  • Published on 06/01/2015
  • EN
  • PDF (874.69 KB)
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June

Publication Working Paper Series no. 560:
From Micro to Macro: Demand, Supply, and Heterogeneity in the Trade Elasticity
By Bas Maria, Mayer Thierry, Thoenig Mathias
  • Published on 06/01/2015
  • EN
  • PDF (1.19 MB)
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June

Publication Working Paper Series no. 559:
Growth effect of FDI in developing economies: The role of institutional quality
By Jude Cristina, Levieuge Grégory
  • Published on 06/01/2015
  • EN
  • PDF (692.87 KB)
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June

Publication Working Paper Series no. 558:
Staying at Zero with Affine Processes: An Application to Term Structure Modelling
By Monfort Alain, Pegoraro Fulvio, Renne Jean-Paul, Roussellet Guillaume
  • Published on 06/01/2015
  • EN
  • PDF (1.1 MB)
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June

Publication Working Paper Series no. 557:
Innovation and Top Income Inequality
By Aghion Philippe, Akcigit Ufuk, Bergeaud Antonin, Blundell Richard, Hémous David
  • Published on 06/01/2015
  • EN
  • PDF (838.89 KB)
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