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  • 9th Joint French Macro Workshop (Banque de France, 11 December 2015) : call for papers

    The 9th Joint French Macro Workshop, organized jointly with CREST, École Polytechnique, PSE, Sciences Po and TSE will take place on 11 December at Banque de France. Please note change in deadline : applications should be sent by 4 November 2015 to fondation.rech@banque-france.fr


    20th call for proposals of research projects

    Foundation Banque de France launches its 20th call for proposals of research projects. Four grants are typically awarded for a total amount of EUR 120 000. Deadline for applying is: 27 november 2015.

    Call for proposals 

    Submission Form 

    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 2016 will be 20 November 2015.


    Publications of Foundation's research projects in international journals


    « Aggregate Demand, Idle Time and Unemployment »
    Pascal Michaillat, Emmanuel Saez
    Quarterly Journal of Economics, volume 130, issue 2, pages 507-569 2014

    « 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**
    *GWU and FMG, **UCL and FMG
    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


    Philip R. Lane, Peter McQuade "Domestic Credit Growth and International Capital Flows ", Scandinavian Journal of Economics (forthcoming)

    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)


    Federico 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)