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Speeches

27th of February 2026

Remarks on the economic outlook for France and the euro area

EEFC Seminar Friday 27 February 2026 Denis Beau, First Deputy Governor ...

Fiscal Stimulus in Liquidity Traps: Conventional or Unconventional Policies?

Working Paper Series no. 799. Recent influential work argue that a gradual ...

Book "Payments and market infrastructures in the digital era"

With the publication of a book which provides an overview of these areas, the Ba...

Structural Estimation of Time-Varying Spillovers: An Application to International Credit Risk Transmission

Working Paper Series no. 798. We propose a novel approach to quantify spill...

Teleworking: how will it affect productivity?

Post n°198. Teleworking has increased sharply with the Covid-19 crisis and is li...

Global Value Chains and the transmission of exchange rate shocks to consumer prices

Working Paper Series no. 797. Following the 2008 financial crisis, inflatio...

Assessment of risks to the French financial system - December 2020

Emergency measures deployed by fiscal, monetary and supervisory authorities curb...

Category

Financial stability report

The link between money and inflation since 2008

Bulletin n°232, article 8. The unconventional monetary policies implemented...

Category

Banque de France Bulletin

This Town Ain't Big Enough? Quantifying Public Good Spillovers

Working Paper Series no. 796. Despite long-standing theoretical interest, e...

The international dimension of a fragile EMU

Working Paper Series no. 795. This paper quantifies the economic influence ...

Relations of the European Union

EU relations

Publication

21st of December 2022

Bank stress-tests at the time of Covid-19- Episode 2

Post n°196. Unlike the fictitious scenarios used in standard prudential stress t...

Sticky Deposit Rates and Allocative Effects of Monetary Policy

Working Paper Series no. 794. This paper documents that monetary policy aff...

Imported or Home Grown? The 1992-3 EMS Crisis

Working Paper Series no. 793. Using newly assembled data on foreign exchang...

Bank stress tests: tools for prudential analysis – Episode 1

Post n°195. In order to protect banks from macroeconomic and financial shocks, p...

Set-up Costs and the Financing of Young Firms

Working Paper Series no. 792. We show that set-up costs are a key determina...