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Louis Bê Duc

Louis Bê Duc is senior economist in charge of external cooperation (sector “macroeconomy and statistics”) at the Directorate Economics and International and European Relations (DERIE- IBFI). He has also been senior economist at the European Central Bank, the European Commission and the Ministry of Finance, as well as Bank Supervisor at Prudential Control and Resolution Authority and administrator the Banque de France’s Foundation for Research.


Current Position

Head of sector, external cooperation (macroeconomics and statistics), International Banking and Finance Institute

Previous Position

Administrator of the Foundation Banque de France for research in monetary, financial and banking economics (2007-2015) ; Senior economist at the European central Bank (Directorate Monetary Policies and directorate Fiscal Policies) (1999-2007) ; Bank supervisor at the French Banking commission (1996-1999) - Economist at the European Commission, DG Economics (1994-1996) - Economist at the French Ministry of Budget (1992-1994) ; Economist and statistician at the Banque de France Directorate Monetary Statistics and Studies (1988-1992)


MA, Institute of Political Studies, Paris, 1984 - BA in economics, Paris II, 1985 - Post-graduate certificate of the ENSAE, 2012

Research Interest

Financial accounts, monetary and fiscal policy


+33 (0)1 42 92 49 33

Banque de France, 41-1431 Fondation 75049 Paris cedex 01 France

Publications Banque de France Bulletin no. 239:

The increase in the money supply during the Covid crisis: analysis and implications

By Bê Duc Louis, Jude Cristina, Bricongne Jean-Charles, Bussière Matthieu, Penalver Adrian, Vari Miklos, Sédillot Franck, Wicky Yann
Thematic: Politique monétaire et inflation
  • Published on 03/10/2022
  • 13 pages
  • EN
  • PDF (401.55 KB)
Publications Quarterly Selection of Articles no. 40:

Winter 2015

By Coffinet Jérôme, Jadeau Christophe, Bê Duc Louis, Horny Guillaume, Pagès Henri, Carlino Laurent, Lafon Anne-Sophie
  • Published on 03/14/2017
  • EN
  • PDF (1.3 MB)
Publications Quarterly Selection of Articles no. 19:

Autumn 2010

By Couleaud Nathalie, Delamarre Frédéric, Mérieux Antoine, De Charette Alice, Cayssials Jean-Luc, Kremp Elisabeth, Bê Duc Louis, Clerc Laurent, Kelber Anna
  • EN
  • PDF (1.14 MB)


  • From deficit to change in debt: bridging the gap (2007). ECB Monthly Bulletin, April.
  • Developments in private sectors balance sheet in the euro area (2004). ECB Monthly Bulletin, February.
  • Saving, financing and investment (2002). ECB Monthly Bulletin, August.
  • Financing and financial investment of the non-financial sectors in the euro area (2001). ECB Monthly Bulletin, May.
  • Article in “National budgeting for Economic and Monetary Union. Édité par A. Wildavsky (1993), Kluwer Academic Publishers.
  • The decline in financing. (1992). INSEE Première, July.
  • Article in “Banking structures in Major countries (1991). Edited by G. Kaufman, Kluwer Academic Publishers.


Updated on: 10/27/2021 17:25