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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.

November

Publication Working Paper Series no. 519:
Pre-crisis credit standards: monetary policy or the savings glut?
  • Published on 11/01/2014
  • EN
  • PDF (1.4 MB)
Publication Working Paper Series no. 521:
The Term Structure of the Welfare Cost of Uncertainty
By Lopez Pierlauro
  • Published on 11/01/2014
  • EN
  • PDF (504.82 KB)
Publication Working Paper Series no. 520:
Variable Selection in Predictive MIDAS Models
  • Published on 11/01/2014
  • EN
  • PDF (907.82 KB)

October

Publication Working Paper Series no. 511:
Economic Policy Uncertainty and Inflation Expectations
By Piloiu Anamaria, Istrefi Klodiana
  • Published on 10/01/2014
  • EN
  • PDF (1.39 MB)
Publication Working Paper Series no. 512:
Euro Area monetary policy shocks: impact on financial asset prices during the crisis?
By Jardet Caroline, Monks Allen
  • Published on 10/01/2014
  • EN
  • PDF (1.59 MB)
Publication Working Paper Series no. 513:
False News, Informational Efficiency, and Price Reversals
By Dugast Jérôme, Foucault Thierry
  • Published on 10/01/2014
  • EN
  • PDF (826.84 KB)
Publication Working Paper Series no. 517:
Fixed-Income Pricing in a Non-Linear Interest-Rate Model
By Renne Jean-Paul
  • Published on 10/01/2014
  • EN
  • PDF (863.52 KB)
Publication Working Paper Series no. 515:
Nowcasting global economic growth: A factor-augmented mixed-frequency approach
By Ferrara Laurent, Marsilli Clément
  • Published on 10/01/2014
  • EN
  • PDF (664.57 KB)
Publication Working Paper Series no. 518:
Options Embedded in ECB Targeted Refinancing Operations
By Renne Jean-Paul
  • Published on 10/01/2014
  • EN
  • PDF (546.15 KB)
Publication Working Paper Series no. 514:
Product and Labor Market Regulations, Production Prices, Wages and Productivity
By Cette Gilbert, Lopez Jimmy, Mairesse Jacques
  • Published on 10/01/2014
  • EN
  • PDF (4.02 MB)
Publication Working Paper Series no. 509:
Sequential Coordination, Higher-Order Belief Dynamics and E-Stability Principle
By Gaballo Gaetano
  • Published on 10/01/2014
  • EN
  • PDF (319.62 KB)
Publication Working Paper Series no. 516:
Strategic fiscal revaluation or devaluation: why does the labor wedge matter?
By Langot François, Lemoine Matthieu
  • Published on 10/01/2014
  • EN
  • PDF (755.44 KB)