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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.

December

Publication Working Paper Series no. 161:
Bubble-free interest-rate rules
By Loisel Olivier
  • Published on 12/01/2006
  • EN
  • PDF (563.67 KB)
Publication Working Paper Series no. 159:
Stock exchanges industry consolidation and shock transmission
  • Published on 12/01/2006
  • EN
  • PDF (1.28 MB)
Publication Working Paper Series no. 160:
The Behaviour of Producer Prices: some Evidence from the French PPI Micro Data
  • Published on 12/01/2006
  • EN
  • PDF (447.83 KB)

October

Publication Working Paper Series no. 158:
Convergence in Household Credit Demand Across Euro Area Countries: Evidence from Panel Data
By De Bandt Olivier, Bruneau Catherine, El Amri Widad
  • Published on 10/01/2006
  • EN
  • PDF (445.75 KB)
Publication Working Paper Series no. 157:
The Reliability of Macroeconomic Forecasts based on Real Interest Rate Gap Estimates in Real Time: an Assessment for the Euro Area
  • Published on 10/01/2006
  • EN
  • PDF (569.05 KB)

September

Publication Working Paper Series no. 156:
Trends in "structural" productivity levels in the major industrialized countries
By Bourlès Renaud, Cette Gilbert
  • Published on 09/01/2006
  • EN
  • PDF (317.36 KB)

August

Publication Working Paper Series no. 151:
Declining Valuations and Equilibrium Bidding Central Bank Refinancing Operations (en anglais)
By Ewerhart Christian, Cassola Nuno, Valla Natacha
  • Published on 08/01/2006
  • EN
  • PDF (571.87 KB)
Publication Working Paper Series no. 152:
Labour Market Structural Reforms: some Lessons from the Recent Studies
By Fougère Denis
  • Published on 08/01/2006
  • EN
  • PDF (604.52 KB)
Publication Working Paper Series no. 153:
Revisiting the proximity-concentration trade-off: Distance and Horizontal Foreign Direct Investment in OECD countries
  • Published on 08/01/2006
  • EN
  • PDF (513.05 KB)
Publication Working Paper Series no. 154:
Risk Insurance in a Transition Economy: Evidence from Rural Romania
By Irac Delphine, Minoiu Camelia
  • Published on 08/01/2006
  • EN
  • PDF (451.62 KB)
Publication Working Paper Series no. 155:
The Cross-Section of Foreign Currency Risk Premia and Consumption Growth Risk
By Lustig Hanno, Verdelhan Adrien
  • Published on 08/01/2006
  • EN
  • PDF (610.25 KB)

July

Publication Working Paper Series no. 149:
Financial (Dis)Integration
By Kharroubi Enisse
  • Published on 07/01/2006
  • EN
  • PDF (511.53 KB)