•   New
  • 21th call for proposals of research projects

    Foundation Banque de France launches its 21th call for proposals of research projects. Four grants are typically awarded for a total amount of EUR 120 000. Deadline for applying is: 30 november 2016.

    Call for proposals 

    Submission Form 

    Monetary, Financial, and Banking Thesis Prize 2016

    The Monetary, Financial and Banking Thesis Prize of the Foundation Banque de France was awarded to :

    Thomas Lambert, Rotterdam School of Management, Erasmus University, for his thesis entitled : “Essays on the Political Economy of Finance»

    The prize was awarded on the 28th of June 2016 by Guillaume Horny, treasurer of the Banque de France Foundation, at the 65th annual meeting of the AFSE.

    Publications of Foundation's research projects in international journals


    “Bank ratings and lending supply : evidence from sovereign downgrades”
    Manuel Adelino, Miguel Ferreira
    Oxford Journal, Review of Fincancial Studies, volume 29, issue 7, pages 1709-1746

    « The real effects of monetary shocks in sticky price models : a sufficient statistic approach »
    Francesco Lippi, Fernando Alvarez, Hervé Le Bihan
    American Economic Review (forthcoming)


    « Entry and Exit in OTC Derivatives Markets »
    Pierre-Olivier Weill, Andrew G. Atkeson, Andrea L. Eisfeldt
    Econometrica, volume 83, issue 6, pages 2231-2292

    « Aggregate Demand, Idle Time and Unemployment »
    Pascal Michaillat, Emmanuel Saez
    Quarterly Journal of Economics, volume 130, issue 2, pages 507-569


    « Hot and cold seasons in the housing markets »
    Silvana Tenreyro, Rachel Ngai
    American Economic Review, volume 104, issue 12, pages 3991-4026

    « Mutual excitation in Eurozone sovereign CDS »
    Yacine Aït-Sahalia, Roger J.A Laeven, Loriana Pelizzon: Journal of Econometrics, December 2014, volume 183, issue 2, pages 151-167

    « Estimating a structural model of herd behavior in financial markets »
    Marco Cipriani, Antonio Guarino
    American Economic Review, January 2014, volume 104, issue1, pages 224-251

    « Systemic Risk in Europe »
    Robert Engle, Eric Jondeau, Michael Rockinger
    Stern School of Business (NYU), HEC Lausanne
    Review of Finance, March 2014, pages 1-46

    « Domestic Credit Growth and International Capital Flows »
    Philip R. Lane, Peter McQuade
    Trinity College Dublin, European Central Bank
    The Scandinavian Journal of Economics, 2014, volume 116, issue 1, pages 218-252


    « Imperfect Competition in the Interbank Market for liquidity as a rationale for central banking »
    Denis Gromb, Viral Acharya, Tanju Yorulmazer
    American Economic Journal : Macroeconomics, volume 4, issue 2, pages 184-217

    « Monetary Policy and Labor Market Frictions: A Tax Interpretation: »
    Federico Ravenna, Carl Walsh
    Journal of Monetary Economics, Mars 2012, 59(2): 180-195

    « Durable consumption and asset management with transaction and observation cost »,
    Francesco Lippi, Fernando Alvarez, Luigi Guiso
    American Economic Review, Août (pp. 2272-2300)


    « Precautionary demand and liquidity in payment system  »
    Hyun Song Shin, Gara Afonso
    Journal of Credit, Money and Banking, vol.43, issue supplement, S2, (pp 589-619), octobre 2011

    « Welfare-Based Optimal Monetary Policy with Unemployment and Sticky Prices: A Linear-Quadratic Framework »
    Federico Ravenna, Carl E. Walsh
    American Economic Journal, Macroeconomics, Vol.3, n° 2.

    « Optimal price setting with observation and menu costs »
    Francesco Lippi, Fernando Alvarez, Luigi Paciello
    Quarterly Journal of Economics, Vol. 126, Issue 4.

    « Internal rationality, Imperfect Market Knowledge and Asset Prices»
    Albert Marcet, Klaus Adam, Juan Pablo Nicolini
    Journal of Economic Theory, Mai (pp. 1224-1252)