This technical note examines housing prices and financial stability in France. The note highlights that sharply rising … macroeconomic environment were to deteriorate further. France’s housing market proved resilient during the crisis, declining by …

This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model … can help build buffers that could help France confront the next downturn from a stronger fiscal position. The analysis … highlights that, on average, fiscal policy in France exhibited a deficit bias over the past four decades, being unable to react …