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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. 510:
The Price of Stability. The balance sheet policy of the Banque de France and the Gold Standard (1880-1914).
By Bazot Guillaume, Bordo Michael, Monnet Eric
  • Published on 10/01/2014
  • EN
  • PDF (1.93 MB)

September

Publication Working Paper Series no. 508:
Fiscal Devaluation and Structural Gaps
By Langot François, Patureau Lise, Sopraseuth Thepthida
  • Published on 09/01/2014
  • EN
  • PDF (807.39 KB)
Publication Working Paper Series no. 507:
The Shimer puzzle(s) in a New Keynesian framework
By Pizzo Alessandra
  • Published on 09/01/2014
  • EN
  • PDF (1.14 MB)

August

Publication Working Paper Series no. 506:
Coin Assaying and Commodity Money
  • Published on 08/01/2014
  • EN
  • PDF (1.39 MB)
Publication Working Paper Series no. 505:
Financial fragility in small open economies: firm balance sheets and the sectoral structure
  • Published on 08/01/2014
  • EN
  • PDF (1 MB)
Publication Working Paper Series no. 504:
How do households allocate their assets? Stylised facts from the Eurosystem Household Finance and Consumption Survey
By Arrondel Luc, Bartiloro Laura, Fessler Pirmin, Lindner Peter, Mathä Thomas Y., Rampazzi Cristiana, Savignac Frédérique, Schmidt Tobias, Schürz Martin, Vermeulen Philip
  • Published on 08/01/2014
  • EN
  • PDF (724.03 KB)
Publication Working Paper Series no. 502:
International Bailouts: Why Did Banks' Collective Bet Lead Europe to Rescue Greece?
By Mengus Eric
  • Published on 08/01/2014
  • EN
  • PDF (647.38 KB)
Publication Working Paper Series no. 503:
Technological Standardization, Endogenous Productivity and Transitory Dynamics
By Baron Justus, Schmidt Julia
  • Published on 08/01/2014
  • EN
  • PDF (964.15 KB)

July

Publication Working Paper Series no. 499:
Bank Capital Adjustment Process and Aggregate Lending
By Duprey Thibaut, Lé Mathias
  • Published on 07/01/2014
  • EN
  • PDF (832.31 KB)
Publication Working Paper Series no. 496:
Financial Shocks and the Cyclical Behavior of Skilled and Unskilled Unemployment
By Lopez Jose Ignacio, Moppett Virginia Olivella
  • Published on 07/01/2014
  • EN
  • PDF (757.88 KB)
Publication Working Paper Series no. 500:
Retirement, Early Retirement and Disability: Explaining Labor Force Participation after 55 in France
By Behaghel Luc, Blanchet Didier, Roger Muriel
  • Published on 07/01/2014
  • EN
  • PDF (782.51 KB)
Publication Working Paper Series no. 501:
The European Monetary Union and Imbalances: Is it an Anticipation Story ?
  • Published on 07/01/2014
  • EN
  • PDF (935.04 KB)