Jean-Guillaume Sahuc

Senior Research Adviser, Business Surveys, Microeconomic and Structural Analysis Directorate

https://sites.google.com/site/sahuceconomics/

Current Position

Senior Research Adviser, Business Surveys, Microeconomic and Structural Analysis Directorate

Previous Position

Head of the Financial Economics Research Division (2016-2021)
Deputy Head of the Monetary Policy Research Division (2012-2015)
Professor at Edhec Business School (2011)
Senior Economist in the Banque de France’s Microeconomic and Structural Analysis Directorate (2007-2010)
Economist in the Banque de France’s Research Directorate (2004-2006)

Diploma

PhD in Economics (University of Evry, France), 2004

Research Interest

Macroeconomics, climate change, monetary and financial economics, applied time series econometrics

Contact

jean-guillaume.sahuc@banque-france.fr
+33 (0)1 42 92 49 52
Banque de France, DGEI-DEMFI-RECFIN, 41-1391, 75049 Paris Cedex 01, France

Academic publications

Articles

"In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area", avec P. Fève, Journal of Applied Econometrics, À paraître.
"On the Sources of Macroeconomic Stability in the Euro Area" (2016), avec S. Avouyi-Dovi, European Economic Review, vol. 83, pp. 40-63, doi:10.1016/j.euroecorev.2015.11.012.
"On the Size of the Government Spending Multiplier in the Euro Area" (2015), avec P. Fève, Oxford Economic Papers, vol. 67, pp.531-552.
"Règles Budgétaires Strictes et Stabilité Macroéconomique : Le Cas de la TVA Sociale" (2014), avec P. Fève et J. Matheron , Revue Économique, vol. 65, pp. 543-556.
"A Pitfall with Estimated DSGE-Based Government-Spending Multipliers" (2013), avec P. Fève et J. Matheron, American Economic Journal: Macroeconomics, À paraître, vol. 05, pp. 141-178.
"Welfare Implications of Heterogeneous Labour Markets in a Currency Union" (2013), avec C. Poilly, Macroeconomic Dynamics, vol. 17, pp. 294-325.
"La Crise de la Dette Souveraine et la Politique Monétaire" (2012), avec J. Matheron et B. Mojon, Revue de la Stabilité Financière, vol. 16, pp. 175-188.
"On the Welfare Costs of Misspecified Monetary Policy Objectives" (2011), avec S. Avouyi-Dovi, Journal of Macroeconomics, 33, pp. 151-161.
"Désinflation et chômage dans la zone euro : une analyse à l’aide d’un modèle VAR structurel" (2011), avec P. Fève et J. Matheron, Annals of Economics and Statistics, vol. 99/100, pp. 365-394.
"Inflation Target Shocks and Monetary Policy Inertia in the Euro Area" (2010), avec P. Fève et J. Matheron, The Economic Journal, vol. 120, pp. 1100-1124.
"Disinflation Shocks in the Eurozone: A DSGE Perspective" (2010), avec P. Fève et J. Matheron, Journal of Money, Credit and Banking, vol. 42, pp. 289-323.
"Minimum Distance Estimation and Testing of DSGE Models from Structural VARs" (2009), avec P. Fève et J. Matheron, Oxford Bulletin of Economics and Statistics, 71, 883-894.
"Optimal Monetary Policy in an Estimated DSGE Model of the Euro Area with Cross-country Heterogeneity" (2008), avec E. Jondeau, International Journal of Central Banking, vol. 4, pp. 23-72.
"Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model" (2008), avec F. Smets, Journal of Money, Credit, and Banking, vol. 40, pp. 505-521.
"Incorporating Labour Market Frictions into an Optimising-Based Monetary Policy Model" (2005), avec S. Moyen, Economic Modelling, vol. 22, pp. 159-186