Benoı̂t Mojon

Biographic Data

ID5806778
NAMEBenoı̂t Mojon
GIVEN NAMESBenoı̂t
FAMILY NAMEMojon
SIGNATUREMOJON B
AFFILIATIONSBanque de France
VERIFIEDNo
TOTAL WORKS10
TOTAL CITATIONS2
WORKS AS AUTHOR10
WORKS AS EDITOR0
FIRST PUBLICATION YEAR1995
LATEST PUBLICATION YEAR2019
H-INDEX1

  • Forward Guidance and Heterogeneous Beliefs

    Philippe Andrade, Gaetano Gaballo et al.ARTICLEAmerican Economic Journal…2019

    Central banks’ announcements that rates are expected to remain low could signal either a weak macroeconomic outlook, which would slow expenditures, or a more accommodative stance, which may stimulate economic activity. We use the Survey of Professional Forecasters to show that, when the Fed gave guidance between 2011:III and 2012:IV, these two interpretations coexisted despite a consensus on low expected rates. We rationalize these facts in a New…

  • Credit Risk in the Euro Area

    Open AccessSimon Gilchrist, Benoit Mojon et al.ARTICLEThe Economic Journal2018Cited by: 2References: 22

    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

    Open AccessGilbert Cette, John G Fernald et al.ARTICLEEuropean Economic Review2016

  • Global Inflation

    Matteo Ciccarelli, Benoit Mojon et al.ARTICLEThe Review of Economics and…2010

    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

    Open AccessSimon Dubecq, Benoit Mojon et al.ARTICLESSRN Electronic Journal2009

  • Risk-Shifting, Fuzzy Capital Constraint, and the Risk-Taking Channel of Monetary Policy

    Open AccessSimon Dubecq, Benoit Mojon et al.ARTICLESSRN Electronic Journal2009

  • EMU and Transatlantic Exchange Rate Stability

    Open AccessBenoit Mojon, Benoı̂t Mojon et al.ARTICLESSRN Electronic Journal2000

  • Transmission de la politique monétaire et crédit bancaire Une application à trois pays de l'Ocde

    Fernando Barrán, Virginie Coudert et al.ARTICLERevue économique1995

  • Transmission de la politique monétaire et crédit bancaire. Une application à trois pays de l'Ocde

    Fernando Barrán, Virginie Coudert et al.ARTICLERevue économique1995

    [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

    Fernando Barrán, Virginie Coudert et al.ARTICLERevue économique1995

    [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…