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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.

October

Publication Working Paper Series no. 299:
Endogenizing leadership in tax competition: a timing game perspective
By Kempf Hubert, Rota Graziiosi Grégoire
  • Published on 10/01/2010
  • EN
  • PDF (459.32 KB)
Publication Working Paper Series no. 292:
Fiscal developments in the euro area beyond the crisis: some lessons drawn from fiscal reaction functions
By Dufrénot Gilles, Paul Laurent
  • Published on 10/01/2010
  • EN
  • PDF (546.04 KB)
Publication Working Paper Series no. 297:
Fiscal Policy in a Tractable Liquidity-Constrained Economy
By Challe Edouard, Ragot Xavier
  • Published on 10/01/2010
  • EN
  • PDF (846.53 KB)
Publication Working Paper Series no. 301:
Incomplete markets, liquidation risk, and the term structure of interest rates
By Challe Edouard, Le Grand François, Ragot Xavier
  • Published on 10/01/2010
  • EN
  • PDF (517.37 KB)
Publication Working Paper Series no. 293:
Insulation impossible: monetary policy and regional fiscal spillovers in a federation
By Russell Cooper, Kempf Hubert, Peled Dan
  • Published on 10/01/2010
  • EN
  • PDF (318.7 KB)
Publication Working Paper Series no. 295:
Is there Evidence of Shift-Contagion in International Housing Markets?
By De Bandt Olivier, Sheheryar Malik
  • Published on 10/01/2010
  • EN
  • PDF (381.6 KB)
Publication Working Paper Series no. 302:
Prices and volumes of options: A simple theory of risk sharing when markets are incomplete
By Le Grand François, Ragot Xavier
  • Published on 10/01/2010
  • EN
  • PDF (713.42 KB)
Publication Working Paper Series no. 298:
Produce or speculate? Asset bubbles, occupational choice and efficiency
By Cahuc Pierre, Challe Edouard
  • Published on 10/01/2010
  • EN
  • PDF (402.73 KB)

September

Publication Working Paper Series no. 291:
Banks' financial conditions and the transmission of monetary policy: a FAVAR approach
  • Published on 09/01/2010
  • EN
  • PDF (357.85 KB)

August

Publication Working Paper Series no. 290:
The art of central banking of the ECB and the separation principle
By Bordes Christian, Clerc Laurent
  • Published on 08/01/2010
  • EN
  • PDF (2.41 MB)

July

Publication Working Paper Series no. 286:
Are the effects of fiscal changes different in times of crisis and non-crisis? The French Case
By Bouthevillain Carine, Dufrénot Gilles
  • Published on 07/01/2010
  • EN
  • PDF (489.07 KB)
Publication Working Paper Series no. 288:
Distance Selling, Internet and Price Dynamics (in French)
By Askenazy Philippe, Célérier Claire, Irac Delphine
  • Published on 07/01/2010
  • EN
  • PDF (651.53 KB)