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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.

April

Publication Working Paper Series no. 592:
Has Globalization Really Increased Business Cycle Synchronization?
By Monnet Eric, Puy Damien
  • Published on 04/01/2016
  • EN
  • PDF (1.59 MB)

April

Publication Working Paper Series no. 591:
Demographic Cycle, Migration and Housing Investment: a Causal Examination
By Monnet Eric, Wolf Clara
  • Published on 04/01/2016
  • EN
  • PDF (1.24 MB)

April

Publication Working Paper Series no. 590:
How Monetary Policy Changes Bank Liability Structure and Funding Cost.
  • Published on 04/01/2016
  • EN
  • PDF (600.51 KB)

April

Publication Working Paper Series no. 589:
UK term structure decompositions at the zero lower bound.
By Carriero Andrea, Mouabbi Sarah, Vangelista Elisabetta
  • Published on 04/01/2016
  • EN
  • PDF (497.54 KB)

April

Publication Working Paper Series no. 588:
The role of production factor quality and technology diffusion in 20th century productivity growth.
  • Published on 04/01/2016
  • EN
  • PDF (2.41 MB)

April

Publication Working Paper Series no. 587:
The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France.
By Gautier Erwan, Fougère Denis, Roux Sébastien
  • Published on 04/01/2016
  • EN
  • PDF (841.99 KB)

March

Publication Working Paper Series no. 586:
The Pre-Great Recession Slowdown in Productivity.
By Cette Gilbert, Fernald John, Mojon Benoït
  • Published on 03/01/2016
  • EN
  • PDF (1.13 MB)

March

Publication Working Paper Series no. 585:
In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area.
By Fève Patrick, Sahuc Jean-Guillaume
  • Published on 03/01/2016
  • EN
  • PDF (535.14 KB)

March

Publication Working Paper Series no. 584:
Accounting for Labor Gaps
By Langot François, Pizzo Alessandra
  • Published on 03/01/2016
  • EN
  • PDF (4.44 MB)

March

Publication Working Paper Series no. 583:
Credit frictions and the cleansing effect of recessions.
By Osotimehin Sophie, Pappadà Francesco
  • Published on 03/01/2016
  • EN
  • PDF (579.86 KB)

February

Publication Working Paper Series no. 582:
Measuring Financial Fragmentation in the Euro Area Corporate Bond Market.
By Horny Guillaume, Manganelli Simone, Mojon Benoït
  • Published on 02/01/2016
  • EN
  • PDF (1.55 MB)

February

Publication Working Paper Series no. 581:
Margin rate and the cycle: the role of trade openness.
By Cette Gilbert, Lecat Rémy, Ould Ahmed Jiddou Ahmed
  • Published on 02/01/2016
  • EN
  • PDF (278.16 KB)