Details about Hervé LE BIHAN

E-mail:
Homepage:	https://sites.google.com/view/hervelebihaneconomics
Workplace:	Banque de France (Bank of France), (more information at EDIRC)

Access statistics for papers by Hervé LE BIHAN.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: ple240

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Working Papers

2022

1. Make-up Strategies with Finite Planning Horizons but Forward-Looking Asset Prices
   Working papers, Banque de France View citations (2)
   Also in Working Papers, Banco de España (2022) View citations (2)

2021

2. Empirical Investigation of a Sufficient Statistic for Monetary Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Working papers, Banque de France (2021) View citations (8)
   EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2021) View citations (8)
   NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (8)
3. Inflation tolerance ranges in the New Keynesian model
   Working papers, Banque de France View citations (4)
   Also in Working Papers, Banco de España (2021) View citations (2)
4. Should the ECB Adjust Its Strategy in the Face of a Lower r*?
   Working Papers, Federal Reserve Bank of Boston View citations (8)
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2021) View citations (24)
   Working Papers, Barcelona School of Economics (2021) View citations (19)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   Working papers, Banque de France (2021) View citations (19)
5. The ECB’s price stability framework: past experience, and current and future challenges
   Occasional Paper Series, European Central Bank View citations (7)

2020

6. Identifying Price Reviews by Firms: An Econometric Approach
   Post-Print, HAL View citations (4)
   See also Journal Article in Journal of Money, Credit and Banking (2020)

2019

7. The Optimal Inflation Target and the Natural Rate of Interest
   Working Papers, Federal Reserve Bank of Boston View citations (13)
   Also in Working papers, Banque de France (2018) View citations (37)
   Working Papers, Barcelona School of Economics (2017) View citations (3)
   NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (18)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2019) View citations (25)

2018

8. Shocks vs Menu Costs: Patterns of Price Rigidity in an Estimated Multi-Sector Menu-Cost Model
   2018 Meeting Papers, Society for Economic Dynamics View citations (4)
   Also in Working papers, Banque de France (2018) View citations (6)

2016

9. Fixation des prix et inflation – Synthèse de la conférence des 17 et 18 décembre 2015 organisée par la Banque de France
   Post-Print, HAL
   See also Journal Article in Bulletin de la Banque de France (2016)
10. The real effects of monetary shocks in sticky price models. A sufficient statistic approach
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (81)
    See also Journal Article in American Economic Review (2016)

2014

11. More facts about prices: France before and during the Great Recession
    Working Papers, HAL
    Also in Working papers, Banque de France (2013) View citations (11)
    See also Journal Article in Journal of Money, Credit and Banking (2015)
12. Small and Large Price Changes and the Propagation of Monetary Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (2)
    Working papers, Banque de France (2014) View citations (13)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2013) View citations (2)

2013

13. Non-uniform wage-staggering: European evidence and monetary policy implications
    Working papers, Banque de France View citations (4)
    Also in Bank of England working papers, Bank of England (2013) View citations (4)

2011

14. Generalized Taylor and Generalized Calvo price and wage-setting: micro evidence with macro implications
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (2)
    Also in CESifo Working Paper Series, CESifo (2010) View citations (8)
    Working papers, Banque de France (2011) View citations (5)
    See also Journal Article in Economic Journal (2012)
15. Price Stickiness and Sectoral Inflation Persistence: Additional Evidence
    Working papers, Banque de France View citations (1)
    See also Journal Article in Journal of Money, Credit and Banking (2012)

2010

16. Implications of parameter uncertainty for monetary policy in a simple Euro area model
    Post-Print, HAL
    See also Journal Article in Applied Economics Letters (2002)
17. Inattentive Professional Forecasters
    2010 Meeting Papers, Society for Economic Dynamics View citations (46)
    Also in Working papers, Banque de France (2010) View citations (31)
    See also Journal Article in Journal of Monetary Economics (2013)
18. Time-varying (; ) band models: Properties and interpretation
    Post-Print, HAL
    Also in Working Papers, HAL (2010)
    See also Journal Article in Journal of Economic Dynamics and Control (2011)

2009

19. Restaurant Prices and the Minimum Wage
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (9)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (4)
    Working Papers, American Association of Wine Economists (2008) View citations (1)
    Working Papers, Center for Research in Economics and Statistics (2009) View citations (2)
    Working papers, Banque de France (2008) View citations (2)
    See also Journal Article in Journal of Money, Credit and Banking (2010)
20. Time-varying (S, s) band models: empirical properties and interpretation
    Working papers, Banque de France

2008

21. 1958-2008, avatars et enjeux de la courbe de Phillips
    (The Phillips curve at fifty)
    MPRA Paper, University Library of Munich, Germany View citations (1)
    See also Journal Article in Revue de l'OFCE (2009)
22. Sticky Wages. Evidence from Quarterly Microeconomic Data
    Working papers, Banque de France View citations (31)
    Also in Working Paper Series, European Central Bank (2008) View citations (34)
    See also Journal Article in American Economic Journal: Macroeconomics (2012)

2007

23. Heterogeneity in consumer price stickiness. A microeconometric investigation
    Post-Print, HAL View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (41)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2007) View citations (40)
    Working Paper Series, European Central Bank (2005) View citations (41)
    Working papers, Banque de France (2005) View citations (24)
    Working Papers, Center for Research in Economics and Statistics (2006)
    See also Journal Article in Journal of Business & Economic Statistics (2007)
24. What do thirteen million price records have to say about consumer price rigidity?
    Post-Print, HAL View citations (91)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2007) View citations (91)
    See also Journal Article in Oxford Bulletin of Economics and Statistics (2007)

2006

25. La rigidité des prix en France. Les enseignements des relevés de prix à la consommation
    Post-Print, HAL
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2006)
26. Sticky Prices in The Euro Area: a Summary of New Micro Evidence
    Working Papers, Banco de Portugal, Economics and Research Department View citations (223)
    Also in Working Paper Series, European Central Bank (2005) View citations (124)
    Working Papers, Banco de España (2005) View citations (29)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (265)
    Working papers, Banque de France (2005) View citations (34)
    See also Journal Article in Journal of the European Economic Association (2006)
27. Using Structural Balance Data to Test the Fiscal Theory of the Price Level: Some International Evidence
    Sciences Po publications, Sciences Po View citations (42)
    Also in Post-Print, HAL (2006) View citations (37)
    See also Journal Article in Journal of Macroeconomics (2006)

2005

28. Price Setting in the Euro Area: Some Stylized Facts from Individual Consumer Price Data
    Working papers, Banque de France View citations (167)
    Also in Working Paper Series, European Central Bank (2005) View citations (228)
    Working Paper Research, National Bank of Belgium (2005) View citations (133)
    Working Papers, Banco de Portugal, Economics and Research Department (2005) View citations (177)
    Working Papers, Banco de España (2005) View citations (160)

2004

29. ML vs GMM Estimates of Hybrid Macroeconomic Models (With an Application to the "New Phillips Curve")
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (2)
    Also in Working papers, Banque de France (2003) View citations (27)
    Econometrics, University Library of Munich, Germany (2003) View citations (15)
    Econometrics, University Library of Munich, Germany (2003) View citations (19)
30. Price Rigidity. Evidence from the French CPI Macro-Data
    Working papers, Banque de France View citations (51)
    Also in Working Paper Series, European Central Bank (2004) View citations (82)

2002

31. PIB potentiel et écart de PIB: quelques évaluations pour la France
    Working papers, Banque de France View citations (9)
32. Règles de Politique Monétaire en Présence d’Incertitude: Une Synthèse
    Post-Print, HAL
    Also in Documents de recherche, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne (2001) View citations (3)
33. Using structural balance data to test the fiscal theory of the price level: an application to France and the USA
    Royal Economic Society Annual Conference 2002, Royal Economic Society

2001

34. Assessing GMM Estimates of the Federal Reserve Reaction Function
    Working papers, Banque de France View citations (19)
    Also in Econometrics, University Library of Munich, Germany (2001) View citations (9)
35. Testing for a Forward-Looking Phillips Curve. Additional Evidence from European and US Data
    Working papers, Banque de France View citations (42)
    Also in Macroeconomics, University Library of Munich, Germany (2001) View citations (29)

2000

36. Evaluating Monetary Policy Rules in Estimated Forward-Looking Models: A Comparison of US and German Monetary Policies
    Working papers, Banque de France View citations (8)
    See also Journal Article in Annals of Economics and Statistics (2002)

1999

37. Modelisation et prevision des indices de prix sectoriels
    Working papers, Banque de France View citations (3)
38. Quatre indicateurs d'inflation sous-jacente: application et interpretation
    Working papers, Banque de France
39. Relation de Phillips, boucle prix-salaire: une estimation par la méthode de Johansen
    Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE) View citations (10)
    See also Journal Article in Économie et Prévision (2000)

1998

40. Bascule transatlantique
    Post-Print, HAL
    See also Journal Article in Revue de l'OFCE (1998)
41. Bascule transatlantique: Perspectives 1998-1999 pour l'économie mondiale
    Sciences Po publications, Sciences Po
42. Courbe de Phillips et modèle WS-PS
    Post-Print, HAL View citations (3)
43. Courbe de Phillips et modèle WS-PS: Quelques réflexions
    Sciences Po publications, Sciences Po View citations (5)
    See also Journal Article in Revue Économique (1998)
44. Dans la tourmente financière
    Post-Print, HAL
    See also Journal Article in Revue de l'OFCE (1998)
45. Dans la tourmente financière: Perspectives 1998-1999 pour l'économie mondiale
    Sciences Po publications, Sciences Po
46. La mondialisation: triomphe et périls
    Post-Print, HAL
47. La mondialisation: triomphe et périls: Une projection de l'économie mondiale à l'horizon 2005
    Sciences Po publications, Sciences Po
    See also Journal Article in Revue de l'OFCE (1998)

1997

48. La croissance potentielle
    Post-Print, HAL View citations (27)
49. La notion de croissance potentielle a-t-elle un sens ?
    Post-Print, HAL View citations (26)
50. Le taux de chômage d'équilibre, anciennes et nouvelles approches
    Post-Print, HAL
    Also in Sciences Po publications, Sciences Po (1997) View citations (2)
    See also Journal Article in Revue de l'OFCE (1997)
51. UEM: le bout du tunnel ?
    Sciences Po publications, Sciences Po
    Also in Post-Print, HAL (1997)

1996

52. Croissance potentielle et emploi. Rapport pour le BIT
    Working Papers, HAL View citations (1)
53. La nouvelle version de MIMOSA, modèle de l'économie mondiale
    Post-Print, HAL
    Also in Sciences Po publications, Sciences Po (1996) View citations (1)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (1996)
    See also Journal Article in Revue de l'OFCE (1996)
54. L’austérité budgétaire en Europe et la croissance
    Post-Print, HAL

1992

55. Economie mondiale 1990-2000: l’impératif de croissance
    Post-Print, HAL

Journal Articles

2022

1. Shocks versus Menu Costs: Patterns of Price Rigidity in an Estimated Multisector Menu-Cost Model
   The Review of Economics and Statistics, 2022, 104, (4), 668-685

2021

2. Should the ECB adjust its strategy in the face of a lower r★?
   Journal of Economic Dynamics and Control, 2021, 132, (C) View citations (18)

2020

3. Identifying Price Reviews by Firms: An Econometric Approach
   Journal of Money, Credit and Banking, 2020, 52, (2-3), 293-322 View citations (3)
   See also Working Paper (2020)

2016

4. Fixation des prix et inflation Synthèse de la conférence des 17 et 18 décembre 2015 organisée par la Banque de France
   Bulletin de la Banque de France, 2016, (204), 45-50
   See also Working Paper (2016)
5. The Real Effects of Monetary Shocks in Sticky Price Models: A Sufficient Statistic Approach
   American Economic Review, 2016, 106, (10), 2817-51 View citations (101)
   See also Working Paper (2016)

2015

6. More Facts about Prices: France Before and During the Great Recession
   Journal of Money, Credit and Banking, 2015, 47, (8), 1465-1502 View citations (42)
   See also Working Paper (2014)

2013

7. Inattentive professional forecasters
   Journal of Monetary Economics, 2013, 60, (8), 967-982 View citations (256)
   See also Working Paper (2010)
8. Les ajustements individuels de prix à la consommation en France: de nouveaux résultats sur la période 2003-2011
   Économie et Statistique, 2013, 460, (1), 5-35 View citations (1)

2012

9. Generalised Taylor and Generalised Calvo Price and Wage Setting: Micro‐evidence with Macro Implications
   Economic Journal, 2012, 122, (560), 532-554 View citations (30)
   See also Working Paper (2011)
10. Price Stickiness and Sectoral Inflation Persistence: Additional Evidence
    Journal of Money, Credit and Banking, 2012, 44, (7), 1427-1442 View citations (3)
    Also in Journal of Money, Credit and Banking, 2012, 44, (7), 1427-1442 (2012) View citations (14)
    See also Working Paper (2011)
11. Sticky Wages: Evidence from Quarterly Microeconomic Data
    American Economic Journal: Macroeconomics, 2012, 4, (3), 1-32 View citations (77)
    See also Working Paper (2008)

2011

12. Time-varying (S, s) band models: Properties and interpretation
    Journal of Economic Dynamics and Control, 2011, 35, (3), 394-412 View citations (3)
    See also Working Paper (2010)

2010

13. Restaurant Prices and the Minimum Wage
    Journal of Money, Credit and Banking, 2010, 42, (7), 1199-1234 View citations (22)
    Also in Journal of Money, Credit and Banking, 2010, 42, (7), 1199-1234 (2010) View citations (8)
    See also Working Paper (2009)
14. Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics
    Journal of the European Economic Association, 2010, 8, (2-3), 506-513 View citations (13)
15. Volatilité macroéconomique et règle d'indexation du SMIC
    Revue de l'OFCE, 2010, n° 112, (1), 161-168 View citations (1)

2009

16. 1958-2008, avatars et enjeux de la courbe de Phillips
    Revue de l'OFCE, 2009, n° 111, (4), 81-101 View citations (11)
    See also Working Paper (2008)

2008

17. Examining bias in estimators of linear rational expectations models under misspecification
    Journal of Econometrics, 2008, 143, (2), 375-395 View citations (14)

2007

18. Heterogeneity in Consumer Price Stickiness: A Microeconometric Investigation
    Journal of Business & Economic Statistics, 2007, 25, 247-264 View citations (43)
    See also Working Paper (2007)
19. Mesures et perception de l’inflation en France et dans la zone euro. État des lieux
    Bulletin de la Banque de France, 2007, (160), 19-34 View citations (1)
20. What do Thirteen Million Price Records have to Say about Consumer Price Rigidity?*
    Oxford Bulletin of Economics and Statistics, 2007, 69, (2), 139-183 View citations (97)
    See also Working Paper (2007)

2006

21. Price Changes in the Euro Area and the United States: Some Facts from Individual Consumer Price Data
    Journal of Economic Perspectives, 2006, 20, (2), 171-192 View citations (383)
22. Sticky Prices in the Euro Area: A Summary of New Micro-Evidence
    Journal of the European Economic Association, 2006, 4, (2-3), 575-584 View citations (251)
    See also Working Paper (2006)
23. Using structural balance data to test the fiscal theory of the price level: Some international evidence
    Journal of Macroeconomics, 2006, 28, (2), 338-360 View citations (43)
    See also Working Paper (2006)

2005

24. Caractéristiques des ajustements de prix en France et dans la zone euro: quelques faits stylisés tirés des données individuelles de prix à la consommation
    Bulletin de la Banque de France, 2005, (141), 41-50 View citations (7)
25. La rigidité des prix en France: quelques enseignements des relevés de prix à la consommation
    Économie et Statistique, 2005, 386, (1), 37-57 View citations (6)
26. Testing for the New Keynesian Phillips Curve. Additional international evidence
    Economic Modelling, 2005, 22, (3), 521-550 View citations (73)

2004

27. Assessing Generalized Method-of-Moments Estimates of the Federal Reserve Reaction Function
    Journal of Business & Economic Statistics, 2004, 22, 225-239 View citations (34)
28. La persistance de l’inflation en France et dans la zone euro
    Bulletin de la Banque de France, 2004, (127), 31-50 View citations (1)
29. Tests de rupture: une application au PIB tendanciel français
    Economie & Prévision, 2004, 163, (2), 133-154 View citations (16)
    Also in Économie et Prévision, 2004, 163, (2), 133-154 (2004) View citations (4)

2002

30. Evaluating Monetary Policy Rules in Estimated Forward-Looking Models: A Comparison of US and German Monetary Policies
    Annals of Economics and Statistics, 2002, (67-68), 357-388 View citations (7)
    See also Working Paper (2000)
31. Implementing and interpreting indicators of core inflation: the case of France
    Empirical Economics, 2002, 27, (3), 473-497 View citations (8)
32. Implications of parameter uncertainty for monetary policy in a simple Euro area model
    Applied Economics Letters, 2002, 9, (9), 553-556 View citations (1)
    See also Working Paper (2010)

2000

33. Do core inflation measures help forecast inflation?: Out-of-sample evidence from French data
    Economics Letters, 2000, 69, (3), 261-266 View citations (18)
34. Relation de Phillips, boucle prix-salaire: une estimation par la méthode de Johansen
    Économie et Prévision, 2000, 146, (5), 43-60 View citations (7)
    See also Working Paper (1999)

1998

35. Bascule transatlantique
    Revue de l'OFCE, 1998, 65, (1), 7-82
    See also Working Paper (1998)
36. Courbe de Phillips et modèle WS-PS. Quelques réflexions
    Revue Économique, 1998, 49, (3), 937-948 View citations (15)
    See also Working Paper (1998)
37. Dans la tourmente financière
    Revue de l'OFCE, 1998, 67, (1), 9-99
    See also Working Paper (1998)
38. L'impact de la réduction des cotisations employeurs: quelques jalons macroéconomiques
    Revue de l'OFCE, 1998, 66, (1), 171-198 View citations (5)
39. La mondialisation: triomphe et périls [Une projection de l'économie mondiale à l'horizon 2005]
    Revue de l'OFCE, 1998, 65, (1), 125-195
    See also Working Paper (1998)

1997

40. Le taux de chômage d'équilibre, anciennes et nouvelles approches
    Revue de l'OFCE, 1997, 60, (1), 147-186 View citations (3)
    See also Working Paper (1997)
41. Réussir sa sortie. Une analyse des dépréciations de 1992 en Italie et au Royaume-Uni
    Revue de l'OFCE, 1997, 60, (1), 39-77

1996

42. La nouvelle version de MIMOSA, modèle de l'économie mondiale
    Revue de l'OFCE, 1996, 58, (1), 103-155 View citations (6)
    See also Working Paper (1996)

1995

43. Quand les marchés triomphent: une projection de l'économie mondiale à l'horizon 2002
    Revue de l'OFCE, 1995, 55, (1), 95-150