Economist. Deputy Director, Macroeconomic Analysis and Forecasting Directorate, Banque de France.
Working papers
“Make-up Strategies with Finite Planning Horizons but Forward-Looking Asset Prices” with Stéphane Dupraz and Julien Matheron Banque de France Working Paper, #862, 2022 [Link]
“Sufficient statistics for monetary shocks: An empirical Investigation” with Fernando Alvarez, Andrea Ferrara, Erwan Gautier, Francesco Lippi , 2021 Working paper , Banque de France [Link]
“Inflation tolerance ranges in the New Keynesian model” with Magali Marx and Julien Matheron, 2021.Working paper #2142, Banco de España [Link]
Publications
“Shocks vs Menu Costs: Patterns of Price Rigidity in an Estimated Multi-Sector Menu-Cost Model”, with E.Gautier –Review of Economics and Statistics, accepted for publication, forthcoming in 2022. [Link] [Web Appendix with data moments and parameters ]
“Should the ECB Adjust its Strategy in the Face of a Lower r*?” with P Andrade, J. Galí, and J.Matheron, 2021 [Link] Journal of Economic Dynamics and Control,132, Special Issue
“The Optimal Inflation Target and the Natural Rate of Interest” with P.Andrade, J. Galí, and J.Matheron Brookings Papers on Economic Activity, Fall 2019.
“Identifying price reviews by firms: an econometric approach” with M.Harris and P.Sevestre, Journal of Money, Credit and Banking, 2020, 52(2-3), 293-322.
“Small and Large Price Changes and the Propagation of Monetary Shocks”, with F.Alvarez and F. Lippi, American Economic Review, 2016, 106(10), 2817-2851.
“More Facts about Prices: France Before and During the Great Recession” with N Berardi, and E.Gautier. Journal of Money, Credit and Banking. 2015, 47(8), 1475-1502.
“Inattentive professional forecasters”with P.Andrade,.Journal of Monetary Economics, 2013, vol. 60(8), 967-982
“Price Stickiness and Sectoral Inflation Persistence: Additional Evidence” with J.Matheron, Journal of Money, Credit and Banking, 2012,, 44(7), 1427-1442.
“Sticky Wages Evidence from Quarterly Microeconomic Data” with T.Heckel and J.Montornès , American Economic Journal: Macroeconomics, 2012, 4(3): 1–32.
“GeneralizedTaylor and Generalized Calvo price and wage-setting: micro evidence with macro implications” with H.Dixon, Economic Journal, 2012, 122(560), 532-54.
“Time-varying (S, s) band models: properties and interpretation” with E.Gautier, Journal of Economic Dynamics and Control, 2011, 35, .394–412.
“Restaurant prices and the minimum wage” with D .Fougère and E.Gautier, Journal of Money, Credit and Banking, 2010, 42(7), 1199-1234.
« Some macroeconomic and monetary policy implications of new microeconomic evidence on wage dynamics», with G.De Walque, J. Jimeno, M. Krause, S. Millard, F. Smets, Journal of the European Economic Association, 2010, Papers and Proceedings, 8(2-3) 506-513.
“Examining Bias in Estimators of Linear Rational Expectations Models under Mis-specification”, with E.Jondeau, Journal of Econometrics, 2008, 143 (2),375-395.
“Heterogeneity in price stickiness : a microeconometric investigation”, with D.Fougère and P.Sevestre, Journal of Business and Economics Statistics, 2007, 25(3), 247-264.
“What do thirteen million price records have to say about consumer price rigidity?”, with L.Baudry, P.Sevestre and S.Tarrieu, Oxford Bulletin of Economics and Statistics, 2007, vol. 69, n°2, 139-183.
“Price changes in the euro area and the United States. Some facts from Individual Consumer Price Data” with E. Dhyne, L. Álvarez, G. Veronese, D. Dias, J. Hoffman, N. Jonker, P. Lünnemann, F. Rumler, J. Vilmunen, Journal of Economic Perspectives, 2006, 20 (2), 171-192.
“Sticky prices in the euro area: a summary of new micro-evidence.” with L. J. Álvarez , E. Dhyne, M. Hoeberichts, C. Kwapil, P. Lünnemann, F. Martins, R. Sabbatini, H. Stahl, P. Vermeulen and J. Vilmunen, Journal of the European Economic Association , 4 (2-3) 2006, 575-584.
“Using structural balance data to test the Fiscal Theory of the Price Level: some international evidence”, with J.Creel Journal of Macroeconomics, 2006, 28, 338-360.
“Testing for the New Keynesian Phillips curve. Additional international evidence”, with E. Jondeau, Economic Modelling, 2005, 22, 521-550.
“Assessing Generalized Method of Moments Estimates of the Federal Reserve reaction function ”, with C.Gallès and E.Jondeau, Journal of Business and Economics Statistics, 2004, 22(2), 225-239.
“Evaluating monetary policy rule in forward-looking models: a comparison of Germany and the US monetary policies ”, with E.Jondeau, Annales d'Economie et Statistique, 2002, 67-68.
“Implementing and interpreting indicators of core inflation. The case of France”, with F.Sédillot, Empirical Economics, 2002, 27 (3) 473-497.
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