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218: Long term vs. short term comovements in stock markets: the use of Markov-switching multifractal models

Julien Idier

217: Portfolio and financing adjustments for U.S.Banks: some empirical evidence

Robert Krainer

216: Restaurant Prices and the Minimum Wage

Denis Fougere, Erwan Gautier and Hervé Le Bihan

215: Short-term forecasting of GDP using large monthly datasets: a pseudo real-time forecast evaluation exercise

Karim Barhoumi, Gerhard R Nstler, Riccardo Cristadoro, Ard Reijer, Audrone Jakaitiene, Piotr Jelonek, António Rua, Ruth Karsten, Szilard Benk and Christophe Van Nieuwenhuyze

214: Dynamic voluntary contributions to a discrete public good: Experimental evidence

Pavel Diev and Walid Hichri

213: Revisiting the Decline i he Exchange Rate Pass-Through: Further Evidence from Developing Countries

Karim Barhoumi and J. Jouini

212: Domestic Savings and Foreign Capital: the Complementarity Channel

Enisse Kharroubi

211: Les ajustements micro conomiques des prix: une synth se des mod les Théoriques et résultats empiriques

Erwan Gautier

210: Analyse conjoncturelle de données brutes et estimation de cycles Partie 2: mise en oeuvre empirique

Renaud Lacroix

209: Analyse conjoncturelle de données brutes et estimation de cycles Partie 1: estimation et tests

Renaud Lacroix

208: Sticky Wages. Evidence from Quarterly Microeconomic Data

T. Heckel, Hervé Le Bihan and J Rémy Montorn S

207: D saisonnalisation des agr gats mon taires: Mise en place d une cha ne r nov e

Renaud Lacroix and L. Maurin

206: Assessing the shape of the distribution of interest rates: lessons from French individual data

Renaud Lacroix

205: Total factor productivity and the decision to serve foreign markets: Firm level evidence from France

Delphine Irac

204: Access to new imported varieties and total factor productivity: Firm level evidence from France

Delphine Irac

203: Stress Testing and Corporate Finance

Olivier de Bandt, Catherine Bruno and Wydad El Amri

202: Financing Constraints and a Firm's Decision and Ability to Innovate: Establishing Direct and Reverse Effects

Vassilis Hajivassiliou and Frédérique Savignac

201: Test simultan de la non-stationnarit et de la non-lin arit: une application au taux d.int r t r el am ricain

Nicolas Million

200: Chocs d Offre et Optimalit de la Politique Mon taire dans la Zone Euro

Patrick F Ve, Julien Matheron and Jean-Guillaume Sahuc

199: Welfare Implications of Heterogeneous Labor Markets in a Currency Area

Céline Poilly and Jean-Guillaume Sahuc

198: Credit Constraints and the Cyclicality of R&D Investment: Evidence from France

Philippe Aghion, Philippe Askenazy, Nicolas Berman, Gilbert Cette and L. Eymard

197: Competition, R&D, and the Cost of Innovation

Philippe Askenazy, Christophe Cahn and Delphine Irac

196: On policy interactions among nations: when do cooperation and commitment matter ?

Hubert Kempf and L. Von Thadden

195: Some Preliminary Evidence on the Globalization-Inflation Nexus

Sophie Guilloux-Nefussi and Enisse Kharroubi

194: La transmission des taux de marché aux taux bancaires: une estimation sur données individuelles fran aises

A. Barbier de la Serre, Sébastien Frappa, J Rémy Montorn S and M. Murez

193: La pr vision des taux d int r t partir de contrats futures: l apport de variables conomiques et financiéres

Jerome Coffinet

192: An Inflation Forecasting Model for the Euro Area

Valérie Chauvin and Antoine Devulder

191: Switching VARMA Term Structure Models - Extended Version

Alain Monfort and Fulvio Pegoraro

190: The Dynamic Effects of Disinflation Policies

Fabrice Collard, Patrick F Ve and Julien Matheron

189: Multi-Lag Term Structure Models with Stochastic Risk Premia

Alain Monfort and Fulvio Pegoraro

188: Pricing and Inference with Mixtures of Conditionally Normal Processes

H. Bertholon, Alain Monfort and Fulvio Pegoraro

187: Deux indicateurs probabilistes de retournement cyclique pour l conomie fran aise

M. Adanero-Donderis , Olivier Darn and Laurent Ferrara

186: Regional Debt in Monetary Unions: Is it Inflationary?

Russell Cooper, Hubert Kempf and Dan Peled

185: Lumpy Price Adjustments: A Microeconometric Analysis

Emmanuel Dhyne, Catherine Fuss, Mohammad Pesaran and Patrick Sevestre

184: Does Money Matter for the Identification of Monetary Policy Shocks: A DSGE Perspective

Céline Poilly

183: Euro Area Market Reactions to the Monetary Developments Press Release

Jerome Coffinet and S. Gouteron

182: Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model

Frank Smets and Jean-Guillaume Sahuc

181: Testing heterogeneity within the euro area

Eric Jondeau and Jean-Guillaume Sahuc

180: Indirect ICT Investment

P-A. Beretti and Gilbert Cette

179: Forced Portfolio Liquidation

Christian Ewerhart and Natacha Valla

178: Financial Market Liquidity and the Lender of Last Resort

Christian Ewerhart and Natacha Valla

177: Time-Varying Coefficients in a GMM Framework: Estimation of a Forward Looking Taylor Rule for the Federal Reserve

H. Partouche

176: Probability of informed trading: an empirical application to the euro overnight market rate

Julien Idier and S. Nardelli

175: Does uncertainty make a time-varying natural rate of interest irrelevant for the conduct of monetary policy?

Jean-Stéphane Mésonnier and Jean-Paul Renne

174: Global Ageing and Macroeconomic Consequences of Demographic Uncertainty in a Multi-regional Model

J. Alho and Vladimir Borgy

173: Measuring Long-Run Exchange Rate Pass-Through

Olivier de Bandt, Anindya Banerjee and Tomasz Kozluk

172: L volution des Crédits l habitat en France: une grille d analyse en termes de cycles

R. Kierzenkowski and V. Oung

171: L Indicateur Synth tique Mensuel d Activit (ISMA): une r vision

Olivier Darn and V ronique Brunhes-Lesage

170: Determinants of long-term interest rates in the United States and the euro area: A multivariate approach

A. De Loubens, Julien Idier and Caroline Jardet

169: The impact of financial constraints on innovation: What can be learned from a direct measure?

Frédérique Savignac