Risks to French growth vary over time horizons – BdF study
Privately held debt matters most over short term, while macroeconomics counts for more over long term
Extreme downside risks to growth in France stem primarily from private sector debt and market uncertainty over the short term, but broader macroeconomic uncertainty and geopolitical tensions are the main sources of severe growth risks over the long run, research from the country’s central bank has found.
In their study, published in a blog post on October 23, Banque de France (BdF) economists Valère Fourel, David Gauthier and Lisa Kerdelhué use a regression method to identify which of 30 economic
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Economics
Oil discoveries drive persistent inflation increases – BIS paper
Price effects of energy discoveries concentrated in economies with inflexible exchange-rate regimes
ECB economists expect food inflation to rebound in 2027
Energy costs and weather are set to reverse a slowdown that began in January
Banrep paper proposes LLM-driven forecast method
Sequential design enables economists to study ‘information environment’
French prices half as sensitive to oil as in 2016 – BdF blog
Lower household fuel use and less oil-intensive production reduce pass-through to consumers
AI growth could offset effects of ageing in Asia – Georgieva
At launch of Shaping the Future of Asia, ex-governors discuss factors behind region’s growth
Little evidence of second-round inflation in UK – Bailey
BoE governor says economy more resilient than expected, amid signs of AI investment
Venezuela seeks shift to inflation targeting in medium term
Minister says dollarisation not ‘right answer’ and debt sustainability analysis to be published soon
Lagarde cools speculation of ECB rescue amid French debt woes
Central bank chief urges her home country to get its fiscal house in order