For few years, the increasing size of available economic and financial databases has led econometricians to develop and adapt new methods in order to efficiently summarize information contained in those large datasets. Among those methods, dynamic factor models have known a rapid development and...

The Great Recession endured by the main industrialized countries during the period 2008–2009, in the wake of the financial and banking crisis, has pointed out the major role of the financial sector on macroeconomic fluctuations. In this respect, many researchers have started to reconsider the...

Based on a unique data set referencing exposures on single name credit default swaps (CDS) on European reference entities, we study the structure and the topology of the European CDS market and its evolution from 2008 to 2012, resorting to network analysis. The structural features revealed show...

MASCOTTE is the new version of the Banque de France's macro-econometric forecasting model. Following the last rebasing of National Accounts (currently at 1995 price), the previous version of the model was simplified, re-specified and re-estimated. The model is essentially used for making...

MARCOS est un modèle étalonné de l'économie française en présence d'anticipations rationnelles. Son principal objectif est la réalisation d'exercices de simulation sur un horizon de moyen long terme. Il a été construit en adoptant l'hypothèse d'un petit pays où les marchés des biens...

MARCOS est un modele etalonne de l'economie francaise en presence d'anticipations rationnelles. Son principal objectif est la realisation d'exercices de simulation sur un horizon de moyen long terme.

This paper focuses on the sources and consequences of the instability of tax revenue in Sub-Saharan African countries. We took advantage of a unique and extraordinarily rich dataset on the composition of tax revenues for a large number of countries. Using panel data for 37 countries observed...

This paper discusses the supply conditions for economic growth in terms of potential GDP estimated by the production function approach for France, Germany and Italy for the 1986:2003 period. The aim of this study is twofold: first, we keep a consistent framework as regards national account...

Les auteurs etudient dans ce papier le lien entre pente des taux et croissance en Allemagne, aux Etats-Unis et en France. Cette relation est analysee selon deux approches. La premiere, communement mise en oeuvre, consiste a regresser le taux de croissance du PIB pour differents horizons sur le...

Les auteurs etudient dans ce papier le lien entre pente des taux et croissance en Allemagne, aux Etats-Unis et en France. Cette relation est analysee selon deux approches. La premiere, communement mise en oeuvre, consiste a regresser le taux de croissance du PIB pour differents horizons sur le...