2017 Prize Young researcher in economics
The Banque de France Foundation awards in 2017 a prize to two young researchers in economics affiliated to a university located in France, or a research center located in France.
Each award comprises :
- a fellowship of EUR 3,000,
- a compensation of the release from teaching obligations of 40 hours of lecturing, or 60 hours of tutorial teaching, per academic year over the next two academic years.
"Bank ratings and lending supply: evidence from sovereign downgrades"
The deadline to apply is
31 May 2017
Monetary, Financial, and Banking Thesis Prize 2017
The Banque de France Foundation awards every year a Monetary Thesis Prize, of EUR 3,000. The 2017 prize will be awarded at the AFSE's 66th Congress in Nice on 19-21 June 2017 together with the AFSE thesis prize.
The Banque de France Foundation will grant a prize to the best thesis in the field of money, finance or banking economic research, defended in France between 1 January 2016 and 31 December 2016
. The jury in charge of assessing the applications is made up of persons selected by the Banque de France Foundation and by the AFSE steering committee.
Candidates must send their application before 31 March 2017
with the following documents in PDF:
- the thesis,
- pre-viva reports,
- the viva report,
- a several-page summary of the thesis focusing on the original results that are likely to be published,
- the article from the thesis with the greatest publication potential,
- a CV
To be noted :
(a) It is important to indicate in the object field of the email : "Foundation BDF prize".
(b) Would a candidate apply to both the AFSE and Foundation prizes he/she should send two separate applications, mentioning (object) the prize to which the candidate applies.
(11:30-12:30 – room 3)
Régis Barnichon (CREI)
"Assessing the long-run effects of financial crises"
24 May 2017
(11 :30-12 :30 – room 6)
Christian Eufinger (IESE)
"Whatever it takes : the real effects of unconventional monetary policy"
Visiting scholars in 2017
- Jasmina Arifovic (University of Vancouver)
- Giovanni Caggiano (University of Padova)
- Rui Pedro Esteves (University of Oxford)
- William Mullins (University of Maryland)
- Francisco Ruge-Marcia (McGill University)
26 June – 7 July
5 – 7 June
Seminar on 7 June on "Assessing the long-run effects of financial crises"
22 – 26 May
15 – 19 May
(Central Bank of Ireland)
(Nova School of Business Economics)
Seminar on 18 April on "Bank ratings and lending supply: evidence from sovereign downgrades"
30 March – 5 April
(University of Bristol)
28 – 31 March
Seminar on 30 March on "The fiscal policy mix in the euro area : challenges at the zero lower bound"
20 – 24 March
(Vrije Universiteit Amsterdam)
8 – 9 March
Publications of Foundation's research projects in international journals
Optimal Reputation Building in the New Keynesian Model
Robert G. King, Yang K. Lu, Ernesto Pasten
Journal of Monetary Economics (forthcoming)
Bank Ratings and Lending Supply: Evidence from Sovereign Downgrades
Manuel Adelino, Miguel A. Ferreira
Review of Financial Studies, July 2016, volume 29, issue 7, pages 1709-1746
Bank capital, liquid reserves, and insolvency risk
Julien Hugonnier, Erwan Morellec
Journal of Financial Economics (forthcoming)
« The real effects of monetary shocks in sticky price models : a sufficient statistic approach »
Fernando Alvarez, Hervé Le Bihan, Francesco Lippi
American Economic Review (forthcoming)
« Entry and Exit in OTC Derivatives Markets »
Andrew G. Atkeson, Andrea L. Eisfeldt, Pierre-Olivier Weill
Econometrica, volume 83, issue 6, pages 2231-2292
« Aggregate Demand, Idle Time and Unemployment »
Pascal Michaillat, Emmanuel Saez
Quarterly Journal of Economics, volume 130, issue 2, pages 507-569
« Hot and cold seasons in the housing markets »
Rachel Ngai, Silvana Tenreyro
American Economic Review, volume 104, issue 12, pages 3991-4026
« Mutual excitation in Eurozone sovereign CDS »
Yacine Aït-Sahalia, Roger J.A Laeven, Loriana Pelizzon: Journal of Econometrics, December 2014, volume 183, issue 2, pages 151-167
« Estimating a structural model of herd behavior in financial markets »
Marco Cipriani, Antonio Guarino
American Economic Review, January 2014, volume 104, issue1, pages 224-251
« Systemic Risk in Europe »
Robert Engle, Eric Jondeau, Michael Rockinger
Stern School of Business (NYU), HEC Lausanne
Review of Finance, March 2014, pages 1-46
« Domestic Credit Growth and International Capital Flows »
Philip R. Lane, Peter McQuade
Trinity College Dublin, European Central Bank
The Scandinavian Journal of Economics, 2014, volume 116, issue 1, pages 218-252
« Imperfect Competition in the Interbank Market for liquidity as a rationale for central banking »
Viral Acharya, Denis Gromb, Tanju Yorulmazer
American Economic Journal : Macroeconomics, volume 4, issue 2, pages 184-217
« Monetary Policy and Labor Market Frictions: A Tax Interpretation: »
Federico Ravenna, Carl Walsh
Journal of Monetary Economics, Mars 2012, 59(2): 180-195
« Durable consumption and asset management with transaction and observation cost »,
Fernando Alvarez, Luigi Guiso, Francesco Lippi
American Economic Review, Août (pp. 2272-2300)
« Precautionary demand and liquidity in payment system »
Gara Afonso, Hyun Song Shin
Journal of Credit, Money and Banking, vol.43, issue supplement, S2, (pp 589-619), octobre 2011
« Welfare-Based Optimal Monetary Policy with Unemployment and Sticky Prices: A Linear-Quadratic Framework »
Federico Ravenna, Carl E. Walsh
American Economic Journal, Macroeconomics, Vol.3, n° 2.
« Optimal price setting with observation and menu costs »
Fernando Alvarez, Francesco Lippi, Luigi Paciello
Quarterly Journal of Economics, Vol. 126, Issue 4.
« Internal rationality, Imperfect Market Knowledge and Asset Prices»
Klaus Adam, Albert Marcet, Juan Pablo Nicolini
Journal of Economic Theory, Mai (pp. 1224-1252)