Benoit Mojon
Biographic Data
| ID | 5737240 |
|---|---|
| NAME | Benoit Mojon |
| GIVEN NAMES | Benoit |
| FAMILY NAME | Mojon |
| SIGNATURE | MOJON B |
| AFFILIATIONS | Banque de France and Ecole Polytechnique |
| VERIFIED | No |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 2 |
| WORKS AS AUTHOR | 11 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1995 |
| LATEST PUBLICATION YEAR | 2018 |
| H-INDEX | 1 |
Credit Risk in the Euro Area
We construct credit risk indicators for euro area banks and non‐financial corporations. These indicators reveal that the financial crisis of 2008 dramatically increased the cost of market funding for both banks and non‐financial firms. In contrast, the prior recession following the 2000 US dot‐com bust led to widening credit spreads of non‐financial firms but had no effect on the credit spreads of financial firms. The 2008 financial crisis also l…
The pre-Great Recession slowdown in productivity
Equilibrium risk shifting and interest rate in an opaque financial system
Equilibrium Risk Shifting and Interest Rate in an Opaque Financial System
Global Inflation
This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of 22 OECD countries have a common factor that accounts for nearly 70% of their variance. This comovement is due not only to the trend components of inflation (up from 1960 to 1980 and down thereafter) but also to fluctuations at business cycle frequencies. Second, there is a robust error correction mechanism that brings national inflatio…
Fuzzy Capital Requirements, Risk-Shifting and the Risk Taking Channel of Monetary Policy
Risk-Shifting, Fuzzy Capital Constraint, and the Risk-Taking Channel of Monetary Policy
EMU and Transatlantic Exchange Rate Stability
Transmission de la politique monétaire et crédit bancaire Une application à trois pays de l'Ocde
Transmission de la politique monétaire et crédit bancaire. Une application à trois pays de l'Ocde
[fre] Transmission de la politique monétaire et crédit bancaire. Une application à trois pays de l'OCDE Le débat sur les canaux de transmission de la politique monétaire s'est situé récemment sur la question du canal par le crédit bancaire. Nous utilisons ici des modèles VAR pour analyser les effets d'un choc de politique monétaire sur l'économie aux États-Unis, au Japon et en Allemagne. Ces estimations nous permettent aussi de déduire les foncti…
Taux d'intérêt, spreads, comportement bancaire
[eng] Interest rates, banking spreads and credit supply : the real effects In a standard ISLM model, the effects of monetary policy work through the demand for money and the (unique) interest rate. In fact, shocks of monetary policy will affect the relative structure of interest rates. In this paper we analyse the information content of the relative structure of interest rates on economic activity. Over and above currently defined spreads, we ha…
Credit Risk in the Euro Area
We construct credit risk indicators for euro area banks and non‐financial corporations. These indicators reveal that the financial crisis of 2008 dramatically increased the cost of market funding for both banks and non‐financial firms. In contrast, the prior recession following the 2000 US dot‐com bust led to widening credit spreads of non‐financial firms but had no effect on the credit spreads of financial firms. The 2008 financial crisis also l…
Transmission de la politique monétaire et crédit bancaire Une application à trois pays de l'Ocde
Transmission de la politique monétaire et crédit bancaire. Une application à trois pays de l'Ocde
[fre] Transmission de la politique monétaire et crédit bancaire. Une application à trois pays de l'OCDE Le débat sur les canaux de transmission de la politique monétaire s'est situé récemment sur la question du canal par le crédit bancaire. Nous utilisons ici des modèles VAR pour analyser les effets d'un choc de politique monétaire sur l'économie aux États-Unis, au Japon et en Allemagne. Ces estimations nous permettent aussi de déduire les foncti…
Taux d'intérêt, spreads, comportement bancaire
[eng] Interest rates, banking spreads and credit supply : the real effects In a standard ISLM model, the effects of monetary policy work through the demand for money and the (unique) interest rate. In fact, shocks of monetary policy will affect the relative structure of interest rates. In this paper we analyse the information content of the relative structure of interest rates on economic activity. Over and above currently defined spreads, we ha…
EMU and Transatlantic Exchange Rate Stability
Fuzzy Capital Requirements, Risk-Shifting and the Risk Taking Channel of Monetary Policy
Risk-Shifting, Fuzzy Capital Constraint, and the Risk-Taking Channel of Monetary Policy
Global Inflation
This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of 22 OECD countries have a common factor that accounts for nearly 70% of their variance. This comovement is due not only to the trend components of inflation (up from 1960 to 1980 and down thereafter) but also to fluctuations at business cycle frequencies. Second, there is a robust error correction mechanism that brings national inflatio…
Equilibrium Risk Shifting and Interest Rate in an Opaque Financial System
Equilibrium risk shifting and interest rate in an opaque financial system
The pre-Great Recession slowdown in productivity
Credit Risk in the Euro Area
We construct credit risk indicators for euro area banks and non‐financial corporations. These indicators reveal that the financial crisis of 2008 dramatically increased the cost of market funding for both banks and non‐financial firms. In contrast, the prior recession following the 2000 US dot‐com bust led to widening credit spreads of non‐financial firms but had no effect on the credit spreads of financial firms. The 2008 financial crisis also l…
Economics (9 works) · Banking stability, regulation, efficiency (7 works) · Business (6 works) · Global Financial Crisis and Policies (6 works) · Monetary economics (5 works) · Computer Science (4 works) · Economic theories and models (3 works) · Economic Theory and Policy (3 works) · Finance (3 works) · Political science (3 works)