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21st of April 2023

Japan: when full employment does not equate to wage growth

Post n°89. Despite full employment, Japan is struggling with wage stagnatio...

Labour, goods and services markets

21st of April 2023

Central banking at the top: it’s a man’s world

Post n°88. Women are underrepresented in central bank governance. In 2018, ...

Price-level targeting: the future conventional policy of the Fed?

Post n°87. Several prominent experts in US central banking have recently ad...

International environment and US monetary policy: a textual analysis

Post n°86. What role does the international environment play in shaping US ...

Non-resident holdings of French CAC 40 shares at end-2017

Bulletin n°219, article 1. At the end of 2017, non-residents held EUR 569 b...

Banque de France Bulletin

Economy

International financing

21st of April 2023

Firms' net borrowing improved slightly over the last 10 years

Post n°85. According to the May 2018 revised national accounts, the net bor...

Economic developments

3rd of May 2023

Does FDI crowd out domestic investment in transition countries?

Working Paper Series no. 695. As a capital flow, foreign direct investment ...

Monetary policy and long-run systemic risk-taking

Working Paper Series no. 694. As an extension to the literature on the risk...

Does FDI crowd out domestic investment?

Post n°84. Foreign direct investment (FDI) inflows are often considered a c...

Economic developments

3rd of May 2023

Inefficient Short-Time Work

Working Paper Series no. 693. This paper shows that the reforms which expan...

The economic impact of financial events: an all-or-nothing phenomenon

Post n°83. The 2008 financial crisis and the sovereign debt crisis in the e...

Economic developments

Financial markets