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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.

March

Publication Working Paper Series no. 203:
Stress Testing and Corporate Finance
By De Bandt Olivier, Bruneau Catherine, El Amri Widad
  • Published on 03/01/2008
  • EN
  • PDF (408.12 KB)

February

Publication Working Paper Series no. 198:
Credit Constraints and the Cyclicity of R&D Investment: Evidence from France
By Aghion Philippe, Askenazy Philippe, Berman Nicolas, Eymard Laurent
  • Published on 02/01/2008
  • 40 pages
  • EN
  • PDF (713.63 KB)

February

Publication Working Paper Series no. 197:
Competition, R&D, and the Cost of Innovation.
By Askenazy Philippe, Cahn Christophe, Irac Delphine
  • Published on 02/01/2008
  • EN
  • PDF (889.06 KB)
Publication Working Paper Series no. 202:
Financing Constraints and a Firm's Decision and Ability to Innovate: Establishing Direct and Reverse Effects
By Hajivassiliou Vassilis, Savignac Frédérique
  • Published on 02/01/2008
  • EN
  • PDF (873.33 KB)
Publication Working Paper Series no. 201:
Simultaneous tests for non-stationarity and non-linearity: an application to the US real interest rate (in French)
By Million Nicolas
  • Published on 02/01/2008
  • EN
  • PDF (383.22 KB)
Publication Working Paper Series no. 200:
Supply Shocks and Optimal Monetary Policy in the Euro Zone (in French)
  • Published on 02/01/2008
  • EN
  • PDF (638.88 KB)
Publication Working Paper Series no. 199:
Welfare Implications of Heterogeneous Labor Markets in a Currency Area
By Poilly Céline, Sahuc Jean-Guillaume
  • Published on 02/01/2008
  • EN
  • PDF (932.71 KB)

January

Publication Working Paper Series no. 192:
An Inflation Forecasting Model For The Euro Area.
  • Published on 01/01/2008
  • EN
  • PDF (764.32 KB)
Publication Working Paper Series no. 194:
Bank interest rate pass-through: new evidence from French individual data. (in French)
By Duquerroy Anne, Frappa Sébastien, Montornès Jérémi, Murez Michèle
  • Published on 01/01/2008
  • EN
  • PDF (660.63 KB)
Publication Working Paper Series no. 193:
Forecasting interest rates with futures contracts using macroeconomic and financial variables (in French)
  • Published on 01/01/2008
  • EN
  • PDF (490.23 KB)
Publication Working Paper Series no. 196:
On policy interactions among nations: when do cooperation and commitment matter?
By Kempf Hubert, Von Thadden Leopol
  • Published on 01/01/2008
  • EN
  • PDF (752.05 KB)
Publication Working Paper Series no. 195:
Some Preliminary Evidence on the Globalization-Inflation Nexus
By Guilloux-Nefussi Sophie, Kharroubi Enisse
  • Published on 01/01/2008
  • EN
  • PDF (586.36 KB)