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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.

September

Publication Working Paper Series no. 432:
Domino Effects when Banks Hoard Liquidity: The French network
By Fourel Valère, Héam Jean-Cyprien, Salakhova Dilyara, Tavolaro Santiago
  • Published on 09/30/2013
  • EN
  • PDF (537.04 KB)

September

Publication Working Paper Series no. 446:
Credit and Liquidity in Interbank Rates: a Quadratic Approach
By Dubecq Simon, Monfort Alain, Renne Jean-Paul, Roussellet Guillaume
  • Published on 09/02/2013
  • EN
  • PDF (1.25 MB)

September

Publication Working Paper Series no. 447:
Big Push or Big Grab? Railways, Government Activism and Export Growth in Latin America, 1865-1913
By Bignon Vincent, Rui Esteves, Herranz-Loncán Alfonso
  • Published on 09/01/2013
  • EN
  • PDF (455.02 KB)
Publication Working Paper Series no. 445:
Firms' Export Dynamics: Experience vs. Size
By Berthou Antoine, Vicard Vincent
  • Published on 09/01/2013
  • EN
  • PDF (733.6 KB)
Publication Working Paper Series no. 448:
Net interoffice accounts of global banks: the role of domestic funding
By D’Avino Carmela
  • Published on 09/01/2013
  • EN
  • PDF (412.85 KB)
Publication Working Paper Series no. 444:
Procyclical Debt as Automatic Stabilizer
By Wesselbaum Dennis
  • Published on 09/01/2013
  • EN
  • PDF (733.79 KB)

August

Publication Working Paper Series no. 440:
Learning Leverage Shocks and the Great Recession
By Pintus Patrick, Suda Jacek
  • Published on 08/31/2013
  • EN
  • PDF (1.48 MB)
Publication Working Paper Series no. 439:
Strict Fiscal Rules and Macroeconomic Stability: The Case of Social VAT (in French)
  • Published on 08/31/2013
  • FR
  • PDF (246.86 KB)
Publication Working Paper Series no. 438:
The Laffer Curve in an Incomplete-Market Economy
  • Published on 08/31/2013
  • EN
  • PDF (550.56 KB)

August

Publication Working Paper Series no. 443:
A Growth Perspective on Foreign Reserve Accumulation
By Cheng Gong
  • Published on 08/01/2013
  • EN
  • PDF (587.81 KB)
Publication Working Paper Series no. 442:
Non-uniform wage-staggering: European evidence and monetary policy implications
By Juillard Michel, Le Bihan Hervé, Millard Stephen
  • Published on 08/01/2013
  • EN
  • PDF (640.12 KB)
Publication Working Paper Series no. 441:
Upstream product market regulations, ICT, R&D and productivity
By Lopez Jimmy, Mairesse Jacques
  • Published on 08/01/2013
  • EN
  • PDF (2.83 MB)