Visiting scholars: 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 2015 will be 21 November 2014
19th call for proposals of research projects
Foundation Banque de France launches its 19th call for proposals of research projects. Four grants are awarded for a total amount of EUR 120 000. Deadline for applying is: 25 November 2014..
Call for proposals
The Monetary, Financial and Banking Thesis Prize 2014
The Monetary, Financial and Banking Thesis Prize of the Banque de France Foundation was awarded to M. Mouhamadou Sy, École d’economie de Paris, for his thesis on “Three Essays on Monetary Policy and Capital Flows in a Globalized World”.
10th Journée of the Foundation
The 10th Journée of the Foundation took place on 4 June 2014 at Banque de France. The Journée was an opportunity for researchers in economics beneficiaries of research grants from the Foundation to present their research in two sessions dedicated to “«financial markets and financial stability» and «economic fluctuations and monetary policy ». Deputy-Governor Robert Ophèle awarded the Young Researcher in Economics Prizes 2012 and 2013 on this occasion.
Programme, with links to slides
Awarding the Young Researcher in Economics Prize 2012 and 2013
The Young Researcher in Economics Prizes 2012 and 2013 were awarded by Robert Ophèle on the occasion of the 10th Journée of the Foundation. The Young Researcher in economics prize consists in a felowship of 2 000 euros and the funding (if applicable) of the partial release of 80 hours of teaching obligations. Laureates for 2012 were : Jeanne Hagenbach (CNRS - École Polytechnique) ; François Le Grand (EM Lyon business school) ; Mariana Rojas Breu, (Université Paris Dauphine). Laureates for 2013 were : Michael Brei (Université Paris Ouest Nanterre) ; Eduardo Perez (l'École Polytechnique) ; Philip Valta (HEC Paris school of management)
6th Joint French Macro Workshop (Banque de France, 5 June 2014)
The sixth Joint French Macro Workshop organized jointly by CREST, École Polytechnique, PSE, Sciences Po, TSE, with the support of Fondation Banque de France took place on 5 June 2014 in Paris.
Augustin Landier has been awarded the Best Young Economist Prize 2014
Augustin Landier, professor at the Toulouse School of Economics and member of the evaluation committee of
the Foundation (within its scientific council) has been awarded the Best Young Economist Prize
(from the Cercle des Économistes – Le Monde). Augustin Landier received the prize for his work on corporate
financial contracts and their incentive features. The following persons were also nominated:
Matthieu Bussière (Banque de France) for his research on financial crises and exchange rates, Antoine Bozio(Director of the Institute of public policies, PSE), expert on the pension system, and
Élise Huillery (Sciences Po), a specialist in development economics.
Young Researcher in Economics Prize 2014
The Foundation launches the Young Researcher in Economics Prize. The deadline for submitting is 30 April 2014
Newsletter n°14 - January 2014
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)
Hyun Song Shin, Gara Afonso : « Precautionary demand and liquidity in payment system
», Journal of Credit, Money and Banking
, vol.43, issue supplement, S2, (pp 589-619), octobre 2011
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)