Narrow search
Showing 1 - 10 of 73
Cover Image
The determinants of intrafirm trade: Evidence from French firms
Corcos, G.; Irac, D.; Mion, G.; Verdier, T. - Banque de France - 2012
How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm-level import data from France to look into this question. We find support for three key predictions of property-rights theories of the multinational firm. Intrafirm imports are...
Persistent link: https://www.econbiz.de/10009651281
Cover Image
Couts et benefices du passage d'une faible inflation a la stabilite des prix. Une comparaison internationale.
Chatelain, J.-B.; Sevestre, P. - Banque de France - 1999
'une faible inflation (2%) a une inflation nulle pour les economies francaise, allemande, britannique, espagnole et americaine …
Persistent link: https://www.econbiz.de/10005781191
Cover Image
Quatre indicateurs d'inflation sous-jacente: application et interpretation.
Le Bihan, H.; Sedillot, F. - Banque de France - 1999
Dans ce papier, nous comparons quatre indicateurs de l'inflation sous-jacente: l'approche par exclusion de postes, les … estimateurs "a influence limitee" comme l'inflation mediane, les mesures issues d'un VAR structurel et une mesure tiree d …
Persistent link: https://www.econbiz.de/10005036181
Cover Image
Couts et benefices du passage d'une faible inflation a la stabilite des prix. Une comparaison internationale.
Chatelain, J.-B.; Sevestre, P. - Banque de France - 1999
'une faible inflation (2%) à une inflation nulle pour les économies française, allemande, britannique, espagnole et américaine … l'indexation imparfaite du système fiscal. Des études récentes ont montré qu'un passage d'une inflation de 2% à la …
Persistent link: https://www.econbiz.de/10005036197
Cover Image
Restaurant Prices and the Minimum Wage.
Fougère, D.; Gautier, E.; Le Bihan, H. - Banque de France - 2008
We examine the effect of the minimum wage on restaurant prices. For that purpose, we estimate a price rigidity model by exploiting a unique dataset of individual price quotes used to calculate the Consumer Price Index in France. We find a positive and significant impact of the minimum wage on...
Persistent link: https://www.econbiz.de/10005036214
Cover Image
ML vs GMM Estimates of Hybrid Macroeconomic Models (With an Application to the New Phillips Curve)
Jondeau, E.; Le Bihan, H. - Banque de France - 2003
, while those using GMM have reported the inflation dynamics to be predominantly forward-looking. This paper provides a …
Persistent link: https://www.econbiz.de/10005056517
Cover Image
Price Stability and The ECB's Monetary Policy Strategy
Bordes, C.; Clerc, L. - Banque de France - 2004
exclusively on the anchoring of short- to medium-term inflation expectations (Part 2). Several measures show that this anchoring … expectations has on the determination of the short- to medium-term inflation rate. From this point of view, observed inflation in … on the other aspect of monetary stability: the degree of price-level uncertainty and the anchoring of inflation …
Persistent link: https://www.econbiz.de/10005056542
Cover Image
Quatre indicateurs d'inflation sous-jacente: application et interpretation.
Le Bihan, H.; Sedillot, F. - Banque de France - 1999
Dans ce papier, nous comparons quatre indicateurs de l'inflation sous-jacente: l'approche par exclusion de postes, les … estimateurs "a influence limitee" comme l'inflation mediane, les mesures issues d'un VAR structurel et une mesure tiree d …
Persistent link: https://www.econbiz.de/10005646653
Cover Image
Optimal Price Setting During a Currency Changeover: Theory and Evidence from French Restaurants
Berardi, N.; Eife, T. A.; Gautier, E. - Banque de France - 2012
This paper studies firms' price-setting decision during a currency changeover. Buyers' difficulties with the new nominal price level create incentives to raise prices temporarily but doing so comes at the risk of damaging a seller's reputation in the long run. We model firms' trade-off and study...
Persistent link: https://www.econbiz.de/10010534896
Cover Image
Measuring the NAIRU: a complementary approach
De la Serve, M-E.; Lemoine, M. - Banque de France - 2011
assumption improves the fit of the inflation equation. Third, this assumption is necessary for getting an important reduction of …
Persistent link: https://www.econbiz.de/10009293540