This technical note on balance sheet risks and financial stability on France discusses that macroprudential policy …

might well require a further gradual tightening of monetary policy. Increased contestability and integration in the …

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction … short run dynamics, thereby retaining information for the long run. Using France as our example, we demonstrate that this …

A central concern about immigration is the integration into the labour market, not only of the first generation, but … also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the UK …