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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.

July

Publication Working Paper Series no. 338:
Median-Unbiased Estimation in DF-GLS Regressions and the PPP Puzzle
By Lopez Claude, Murray Christian J., Papell David H.
  • Published on 07/01/2011
  • EN
  • PDF (381 KB)
Publication Working Paper Series no. 337:
Short Note on the Unemployment Rate of the French Overseas regions
By Hoarau Jean François, Lopez Claude, Paul Michel
  • Published on 07/01/2011
  • EN
  • PDF (431.83 KB)
Publication Working Paper Series no. 332:
The Stability of Macroeconomic Systems with Bayesian Learners
By Bullard James B., Suda Jacek
  • Published on 07/01/2011
  • EN
  • PDF (413.53 KB)
Publication Working Paper Series no. 334:
Unit Roots, Level Shifts and Trend Breaks in Per Capita Output: A Robust Evaluation
By Kejriwal Mohitosh, Lopez Claude
  • Published on 07/01/2011
  • EN
  • PDF (718.56 KB)

June

Publication Working Paper Series no. 329:
Global Imbalances and Imported Disinflation in the Euro Area
  • Published on 06/01/2011
  • EN
  • PDF (1.72 MB)
Publication Working Paper Series no. 331:
Impact of the crisis on potential growth: An approach based on unobserved component models (in french)
By Lemoine Matthieu, De la Serve Marie-Elisabeth, Chetouane Mabrouk
  • Published on 06/01/2011
  • EN
  • PDF (454.59 KB)
Publication Working Paper Series no. 330:
Stock Prices and Monetary Policy Shocks: A General Equilibrium Approach
By Challe Edouard, Giannitsarou Chryssi
  • Published on 06/01/2011
  • EN
  • PDF (396.36 KB)

April

Publication Working Paper Series no. 326:
Convergence of Euro Area Inflation Rates
By Lopez Claude, Papell David H.
  • Published on 04/01/2011
  • EN
  • PDF (669.98 KB)
Publication Working Paper Series no. 328:
Financial Constraints and Foreign Market Entries or Exits: Firm-Level Evidence from France
By Askenazy Philippe, Caldera Aida, Gaulier Guillaume, Irac Delphine
  • Published on 04/01/2011
  • EN
  • PDF (522.11 KB)
Publication Working Paper Series no. 327:
Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985 - 2009
By Kraeussl Roman, Krause Stefan
  • Published on 04/01/2011
  • EN
  • PDF (504.55 KB)

March

Publication Working Paper Series no. 323:
BASEL III: Long-term impact on economic performance and fluctuations
By Angelini Paolo, Clerc Laurent, Gambacorta Leonardo, Gerali Andrea, Locarno Alberto, Motto Roberto, Roeger Werner, Van den Heuvel Skander, Vlček Jan
  • Published on 03/01/2011
  • EN
  • PDF (267.57 KB)
Publication Working Paper Series no. 325:
Can Fiscal Policy Stimulus Boost Economic Recovery?
By Agnello Luca, Sousa Ricardo M.
  • Published on 03/01/2011
  • EN
  • PDF (776.58 KB)