9th Journées of the Foundation (24-25 May 2012).
The 9th Journées of the Foundation Banque de France will take place on 24-25 May 2012 in Paris (Banque de France, auditorium). The program of the conference is attached. To register, please send the registration form to:fondation.rech@banque-france.fr before 18 May 2012.
Program
Registration form
Foundation Banque de France 2nd joint French Macroeconomic Workshop (4 May 2012)
The Foundation Banque de France organizes jointly with other French research centers a Macro-Economic Workshop on 4 May 2012.Outcome of the 16th call for projects
At its meeting on 12 March 2012, the Board of the Fondation, on the basis of the assessment by the evaluation committee, decided to award a grant of EUR, 30 000 to the following teams to fund their research.Aleksander BERENTSEN (Univ. of Basle and FRB St Louis), Michael Mc BRIDE (Univ. of California Irvine), Guillaume ROCHETEAU (Univ. of California Irvine, FRB Cleveland and Univ. Paris 2): “Liquidity and Information: an experimental study”.
Christian JULLIARD (LSE), Kathy YUAN (LSE), Edward DENBEE (Bank of England), Ye LI (LSE): “Network risk and Key Players: a Structural Analysis of Interbank Liquidity”.
Francesco LIPPI (Univ. Sassari), Fernando ALVAREZ (Univ. of Chicago), Hervé LE BIHAN (Banque de France): “Micro origins and macro effects of sticky prices”.
Pierre-Olivier WEILL (UCLA), Andrea L. EISFELDT (UCLA): “Liquidity and fragility in over-the-counter derivatives market”.
2012 « Young researcher in economics » prize
The Foundation 2012 Young researcher in economics prize is launched. Three prizes will be awarded. The prize consists in the funding of the release of up to 80 hours of teaching obligations for the next two years (subject to approval by the University) and a fellowship of EUR 2000. Deadline for application is 31 May 2012.The Monetary, financial and banking economic thesis prize 2012
The Foundation launches its call for submissions for its Monetary, Banking and Financial economics thesis prize.
Deadline for submission is : 25 March 2012. The Foundation prize is launched jointly with the AFSE prize.
Submission of applications
Forthcoming seminars
Visiting Scholars in 2012
The following researchers will be invited by the Foundation in the course of 2012.
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Publications of Foundation’s research projects
2012« Monetary Policy and Labor Frictions: A Tax Interpretation. »
Journal of Monetary Economics, March or April 2012 (forthcoming)
* University of California, Santa Cruz
Frederico Ravenna * Carl Walsh *
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, forthcoming.
Francesco Lippi, Fernando Alvarez, Luigi Guiso : « Durable consumption and asset management with transaction and observation cost », American Economic Review, forthcoming. More...
The growing sophistication of our increasingly global financial systems and the greater demand for accountability from our institutions mean that central banks need to have a substantial capacity to foster internal and external research. This entails a strengthening of the traditional ties between the academic world and the financial community. At a time when a far-reaching reappraisal of theoretical and practical economics is under way, the field of research is becoming ever wider, constantly drawing on new sources of experience and knowledge...
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