Similar Search Results

Testing for a Forward-Looking Phillips Curve. Additional Evidence from European and US Data.

Jondeau, E.; Le Bihan, H. - Banque de France - 2001

The "New Keynesian" Phillips Curve (NKPC) states that inflation has a purely forward-looking dynamics. In this paper, we test whether European and US inflation dynamics can be described by this model. For this purpose, we estimate hybrid Phillips curves, which include both backward and...

Persistent link: https://www.econbiz.de/10005036191

Currency Union with and without Banking Union.

Bignon, V.; Breton, R.; Rojas Breu, M. - Banque de France - 2013

This paper analyzes a two-country model of currency, banks and endogenous default to study whether impediments to … impediments induce a higher cost for banks to manage cross-border credit compared to domestic credit, welfare may not be maximal …

Persistent link: https://www.econbiz.de/10010816016

Portfolio and financing adjustments for U.S.Banks: some empirical evidence.

Krainer, R. - Banque de France - 2008

This paper presents a model of the portfolio and financing adjustments of U.S. banks over the business cycle. At the …

Persistent link: https://www.econbiz.de/10005036174

On the Use of Banks Balance Sheet Data in Loan Market Studies: A Note

Sevestre, P. - Banque de France - 1998

estimates of any log-log model coefficients, as lond as banks panel data is used and fixed effects are included in the estimated …

Persistent link: https://www.econbiz.de/10005036188

On the Use of Banks Balance Sheet Data in Loan Market Studies: A Note

Sevestre, P. - Banque de France - 1997

estimates of any log-log model coefficients, as lond as banks panel data is used and fixed effects are included in the estimated …

Persistent link: https://www.econbiz.de/10005646655

Monetary Union with A Single Currency and Imperfect Credit Market Integration.

Bignon, V.; Breton, R.; Breu, M. Rojas - Banque de France - 2015

credit market integration are captured by variations in the cost for banks to grant credit for cross-border purchases. We …

Persistent link: https://www.econbiz.de/10011199814