5th Joint French Macro Workshop
The fifth Joint Macro Workshop organized jointly by CREST, École Polytechnique, PSE, Sciences Po, TSE with the support of Foundation Banque de France will take place on 6 December 2013 at the Banque de France.
Program and registration
Visiting scholars in 2014: call for applications
The Foundation invites researchers for a stay of 1-3 weeks during which they interact with Banque de France research teams. The Foundation covers transport and accommodation costs. Visiting scholars are selected through annual or bi-annual calls for proposals.
The submission deadline for visits taking place in 2014 will be 15 November 2013
18th call for proposals of research projects
Foundation Banque de France launches its 17th call for proposals of research projects. Four grants are awarded for a total amount of EUR 120 000. Deadline for applying is: 6 December 2013..
Call for proposals
Newsletter n°13 - August 2013
Prize Young researcher in economics 2013
The Young Researcher in economics prize was awarded to the following persons (with indication of their research projects):
- Eduardo Perez
(École Polytechnique). Researchs on game theory, information and communication.
- Philippe Valta
(HEC Paris school of management). “Financing Investment : The Choice between Bonds and Bank Loans”.
- Michael Brei
(Université Paris 10). "Financial crises, bank behavior and offshore centers from a theoretical and empirical perspective ".
The Jury was composed of: Frédéric Boissay (BCE), Xavier Gabaix (New York University) et Julio R. Rotemberg (Harvard).
Visiting Scholars in 2013
The following researchers will be invited by the Foundation in the course of 2013 :
Nicolas Berman (Graduate Institute of International and Development Studies)
«Exporter dynamics and investment under uncertainty»
Fabio Canova (European University Institute)
«Structural parameters stability and the Lucas critique»
Roberto Chang (Rutgers University and NBER)
«Financial intermediation and unconventional monetary policy in a dynamic open economy»
The Monetary, Financial and Banking Thesis Prize 2013
The Monetary, Financial and Banking Thesis Prize of the Banque de France Foundation was awarded to Jean-Edouard Colliard, École des Hautes Études en Sciences Sociales, for his thesis on "three essays on finance and bank microeconomics".
12 December 2013 (16h30-17h45)
– MSE, 106-112 Boulevard de l’Hôpital, 75013 Paris
Jordi Gali (CREI)
"Understanding the gains from wage flexibility”
Joint Fondation BDF/PSE/SC PO Seminar
Publications of Foundation's research projects in international journals
Philip R. Lane, Peter McQuade "Domestic Credit Growth and International Capital Flows "
, Scandinavian Journal of Economics
Denis Gromb, Viral Acharya, Tanju Yorulmazer, "Imperfect Competition in the Interbank Market for liquidity as a rationale for central banking" American Economic Journal
, Macroeconomics (forthcoming)
Frederico Ravenna, Carl Walsh: "Monetary Policy and Labor Market Frictions: A Tax Interpretation", Journal of Monetary Economics
, March 2012, 59(2): 180-195
Francesco Lippi, Fernando Alvarez, Luigi Guiso : "Durable consumption and asset management with transaction and observation cost", American Economic Review
, August (pp. 2272-2300)
Federico Ravenna, Carl E. Walsh: "Welfare-Based Optimal Monetary Policy with Unemployment and Sticky Prices: A Linear-Quadratic Framework", American Economic Journal
, Macroeconomics, Vol.3, n° 2.
Francesco Lippi, Fernando Alvarez, Luigi Paciello : "Optimal price setting with observation and menu costs", Quarterly Journal of Economics
, November, Vol. 126, Issue 4.
Albert Marcet, Klaus Adam, Juan Pablo Nicolini : "Internal rationality, Imperfect Market Knowledge and Asset Prices", Journal of Economic Theory
, May, (1224-1252)