Publications

The Chair’s members publish their work, either as book chapters, books, or as articles in international and peer-reviewed journals. They cover a wide array of issues, such as the international monetary system, capital flows, crises, fiscal policy, the international transmission of shocks, globalization, etc. The selection below provides an overview.

International and peer-reviewed journals

• Bai L., Stumpner S., Estimating U.S. consumer gains from Chinese imports, American Economic Review: Insights, 2019.

• de Bandt O., Hartmann P., Systemic Risk in Banking After the Great Financial Crisis, in Oxford Handbook of Banking, 3^rd edition, under the direction of A. Berger, P. Molyneux, J.O.S. Wilson, 2019.

• Beine M., Bourgeon P., Bricongne J-C., Aggregate Fluctuations and International Migration, Scandinavian Journal of Economics, 121, 1, pp 117-152, 2019.

• Chatelain, J.-B., Ralf K., A simple algorithm for solving Ramsey optimal policy with exogenous forcing variables, Economics Bulletin, 39(4), pp 2429-2440, 2019.

• Hairault J.-O., Langot F., Sopraseuth T., Unemployment fluctuations over the life cycle, Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pp 334-352, 2019.

• Stumpner S., Trade and the Geographic Spread of the Great Recession, Journal of International Economics, 2019.

• Schmidt J., Caccavaio M., Carpinelli L., Marinelli G., International Spillovers of Monetary Policy: Evidence from France and Italy, Journal of International Money and Finance, vol 89, pp 50-66, 2018.

Journals, books, book chapters

• Berthou A., Estrada A., Haincourt S., Kadow A., Roth M.-A., de la Serve M.-E., Assessing the macroeconomic impact of Brexit through trade and migration channels, Occasional Papers 1911, Banco de España, 2019.

• Bolton P., Cecchetti S., Danthine J.-P., Vives X., Sound at last? Assessing a decade of financial regulation, The Future of Banking 1, Barcelona IESE Initiative, CEPR, 2019.

• Bricongne J-C., Mata Garcia N., Turrini A., Macroeconomic Imbalance Procedure, economic reforms and policy progress in the European Union, Sciences Po publications, 2019.

• Coimbra N., Sovereigns at Risk: A Dynamic Model of Sovereign Debt and Banking Leverage, NBER Chapters, in: NBER International Seminar on Macroeconomics 2019, National Bureau of Economic Research, Inc, 2019.

• Bénassy-Quéré A.,Le macroprudentiel dans l’arsenal de politique macroéconomique en zone euro, Annales des Mines, pp. 79-83, August 2018.

• Bénassy-Quéré A., Beyond Risk Sharing and Risk Reduction, in The Economists’ Voice, De Gruyter, vol. 15(1), pp 1-4, December 2018.

• Berthou A., Jardet, Siena D., Szczerbowicz U., Cost and consequences of a trade war: a structural analysis, Rue de la Banque No.72, December 2018.

• Berthou A., Bussière M., Ferrara, Haincourt S., Pappadà F., Schmidt J., Global imbalances: build- up, unwinding and financial aspects, Bulletin de la BdF, 2018.

Report

• Bénassy-Quéré A., Wolff G., How has the macroeconomic imbalances procedure worked in practice to improve the resilience of the euro area?, Economic Governance Support Unit, European Parliament, 2020.

Working papers

• Coimbra N., Sovereigns at Risk, A dynamic model of sovereign debt and banking leverage, January 2020.

• Despois T., Doz C., Another look into the factor model black box: factors interpretation and structural (in)stability, PSE et Université Paris 1 Panthéon-Sorbonne. PSE Working Papers 2020.

• D’Albis H. & Bénassy-Quéré A., Taxing capital and labor when both factors are imperfectly mobile internationally, PSE Working Papers, HAL halshs-02295406, 2019.

• Bénassy-Quéré A., Bussière M., Wibaux P., Trade and currency weapons, PSE Working Papers, HAL halshs-01820745, 2019.

• Bussière M., Chinn M., Ferrara L., Heipertz J., The new Fama puzzle, NBER WP 2019.

• Chatelain J.-B., Ralf K., Ramsey Optimal Policy in the New-Keynesian Model with Public Debt, halshs-02278781, 2019.

• Coimbra N., Rey H., Financial Cycles with Heterogeneous Intermediaries, January 2019.

• Pappadà, F., Y. Zylberberg, Sovereign default and imperfect tax enforcement, Banque de France working paper 722, June 2019.

• Schmidt J., Steingress W., L’harmonisation des normes de produits et son effet sur le commerce international, Banque de France working paper 729, September 2019.

• Ferrière A., Navarro G., Reyes-Heroles R., Escaping the Losses from Trade: The Impact of Heterogeneity on Skill Acquisition, 2018 Meeting Papers 1248, Society for Economic Dynamics, 2018.

• Jude C., Does FDI crowd out domestic investment in transition countries?, Banque de France working paper 695, September 2018.

• Saint-Paul G., Pareto-improving structural reforms, PSE Working Papers, HAL halshs-01972036, 2018.

• Szczerbowicz U., Lhuissier S., Monetary Policy and Corporate Debt Structure, Banque de France working paper 697, October 2018.