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Evaluating the Financial Instability Hypothesis : A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations

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When does Monetary Policy Matter? Not all Policy Statements are Alike

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Exchange rates (daily parities) - 2025-07-15

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Bond indexes - 2025-07-15

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Exchange rates (daily parities) - 2025-07-14

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Calendar of the Governors

Banque de France
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Zero coupon curve

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Activities of the Observatory for the Security of Payment Means (OSMP)

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Tokenisation

The process of issuing and registering a financial or non-financial asset in the form a digital token, using distributed ledger technology such as blockchain.

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Total factor productivity

Share of GDP that is not explained by the volume of capital and labour used in the production process; it measures the overall efficiency of the production process.

u

Unemployment rate

Share of the labour force (employed and unemployed active population) that is unemployed, expressed as a percentage.

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