1st Edition

Economic Modelling at the Banque de France Financial Deregulation and Economic Development in France

Edited By Michel Boutillier, Jean Cordier Copyright 1997

    Economists at the Bank of France analyse causes and consequences of French monetary policy and financial deregulation during the 1980s. Using the latest econometric techniques, they demonstrate a strategy that the UK is still hesitating to fully adopt. These essays, never published in English before, offer a comprehensive and authoritative analysis.

    Preface André Icard Introduction Michel Boutillier and Jean Cordier 1. The High and Low-Risk Asset Demand of French Households: A Multivariate Analysis Jérome Henry and Mariell Phélipot 2. Investment Choices of Insurance Companies: An Econometric Evaluation Roland Ricart 3. Risk Management by Credit Institutions: Macroeconomic Modelling Attempts Jean Cordier, Pascal Jacquinot and Dominique Plihon 4. The Role of Macroeconomic Factors in French Direct Investment Abroad Between 1979 and 1989: An Econometric Assessment Jérome Henry 5. French Economic Competitiveness and External Constraints Michel Aglietta and Camille Baulant 6. An Analysis of Uncovered Interest Parity in a System of Three Eurorates Jérome Henry and Jens Weidmann 7. One Look at the Way the French Financial System has Adapted to the New Monetary Policy Regime Michel Boutillier and Jean Cordier 8. How Changes in the Financial Sphere Affect the Internal Structure of a Financial Model Michel Boutillier and Pascal Jacquinot.


    Michel Boutillier, Jean Cordier