Narrow search
Showing 1 - 10 of 1,217
Cover Image
The Wage Curve: The Lessons of an Estimation Over a Panel of Countries
Guichard, Stéphanie; Laffargue, Jean-Pierre - Centre d'études prospectives et d'informations … - 2000
Persistent link: https://www.econbiz.de/10005406548
Cover Image
Credit Constraints and the Cyclicality of R&D Investment: Evidence from France.
Aghion, P.; Askenazy, P.; Berman, N.; Cette, G.; Eymard, L. - Banque de France - 2008
We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit …&D investment over total investment is countercyclical without credit constraints, but it becomes more procyclical as firms face … tighter credit constraints; (ii) the result is magnified for firms in sectors that depend more heavily upon external finance …
Persistent link: https://www.econbiz.de/10008528504
Cover Image
Les marchés financiers anticipent-ils les retournements conjoncturels?
Bellone, B.; Gautier, E.; Le Coent, S. - Banque de France - 2005
This article aims at estimating leading indicators of the American economy with financial variables. We use two types of hidden Markov chains models, a quantitative one (Krolzig (1997)) and a qualitative one (Gregoir and Lenglart (2000)). These models provide a robust and reliable framework to...
Persistent link: https://www.econbiz.de/10005056509
Cover Image
Innovation, productivité et croissance. Compte rendu de la conférence organisée conjointement par la Banque de France et le CEPR en juillet 2007.
CAHN, C.; MONTORNES, J. - In: Bulletin de la Banque de France (2007) 166, pp. 21-27
Une conférence internationale, organisée en juillet 2007 par la Banque de France et le CEPR, a été l’occasion de présentation et discussion de plusieurs analyses récentes portant sur les liens entre innovation, productivité et croissance.
Persistent link: https://www.econbiz.de/10009201065
Cover Image
La sensibilité de l'activité bancaire aux chocs macroéconomiques : une analyse en panel sur des données de banques luxembourgeoises
Rouabah, Abdelaziz - Central Bank of Luxembourg - 2006
Cette étude examine la problématique de la sensibilité des soldes intermédiaires du compte de perte et profits des banques luxembourgeoises aux chocs monétaires, financiers et macro-économiques. L'analyse est conduite sur des données en panel et à fréquence trimestrielle couvrant la...
Persistent link: https://www.econbiz.de/10009276985
Cover Image
French and American labour markets in response to cyclical shocks between 1986 and 2007: a DSGE approach
Le Barbanchon, Thomas; OURLIAC, B.; SIMON, O. - Département des Études Économiques d'Ensemble (D3E), … - 2011
Until the current economic crisis, the recovery capacity of the American and French labour markets had often been compared. The United States had been considered more "resilient", namely more affected by cyclical shocks in the short term but more quickly coming back to their initial path in the...
Persistent link: https://www.econbiz.de/10009003505
Cover Image
On-the-job Search and Cyclical Unemployment: Crowding Out vs. Vacancy Effects
Martin, Daniel; Pierrard, Olivier - Central Bank of Luxembourg - 2011
cyclical volatility of unemployment and vacancies. The increased search of employed workers during expansions has two effects … job search. The overall effect of OTJS on unemployment volatility is thus ambiguous. We showanalytically and numerically … unemployed job seeker determines the degree to which OTJS increases unemployment volatility. We use this result to re …
Persistent link: https://www.econbiz.de/10009324230
Cover Image
Efficacité de la politique économique et position dans le cycle: le cas de la défiscalisation des heures supplémentaires en France
Heyer, Eric - Centre de recherche en Économie (OFCE), Sciences … - 2010
The economic situation of all the major developed countries has changed significantly during the 2007-2010 period. Yet many economic policies have been kept in place. This is true in particular of a key measure in French government policy: tax reductions on overtime hours and their exemption...
Persistent link: https://www.econbiz.de/10008740260
Cover Image
Participation limitée, rigidités de prix et propagation des impulsions monétaires : une évaluation quantitative
Chéron, Arnaud - Centre pour la Recherche Économique et ses … - 2001
L'absence de persistance dans la réponse de l'activité à un choc d'offre de monnaie constitue une propriété contrefactuelle récurrente des modèles d'équilibre général intertemporels stochastiques. On est alors tenté de combiner des imperfection fiancières et des rigidités de prix...
Persistent link: https://www.econbiz.de/10005176578
Cover Image
Technology Shock and Employment: Do We Really Need DSGE Models with a Fall in Hours?
Dupaigne, M.; Fève, P.; Matheron, J. - Banque de France - 2005
The recent empirical literature that uses Structural Vector Autoregressions (SVAR) has shown that productivity shocks identified using long--run restrictions lead to a persistent and significant decline in hours worked. This evidence calls into question standard RBC models in which a positive...
Persistent link: https://www.econbiz.de/10005056535