Franck Portier

Biographic Data

ID5928032
NAMEFranck Portier
GIVEN NAMESFranck
FAMILY NAMEPortier
SIGNATUREPORTIER F
ORCID0000-0001-9409-3946
VERIFIEDYes
TOTAL WORKS13
TOTAL CITATIONS1
WORKS AS AUTHOR13
WORKS AS EDITOR0
FIRST PUBLICATION YEAR1994
LATEST PUBLICATION YEAR2016
H-INDEX1

  • Putting the Cycle Back into Business Cycle Analysis

    Paul Beaudry, Dana Galizia et al.ARTICLENational Bureau of Economic…2016

    This paper begins by re-examining the spectral properties of several cyclically sensitive variables such as hours worked, unemployment and capacity utilization. For each of these series, we document the presence of an important peak in the spectral density at a periodicity of approximately 36-40 quarters. We take this pattern as suggestive of intriguing but little-studied cyclical phenomena at the long end of the business cycle, and we ask how be…

  • When is Nonfundamentalness in VARs a Real Problem? An Application to News Shocks

    Paul Beaudry, Patrick Fève et al.REPORTNational Bureau of Economic…2015

    When the VAR representation of a times series has a non-fundamental representation, standard SVAR techniques cannot be used to exactly identify the effects of structural shocks. This problem is know to potentially arise when one of the structural shocks represents news about the future. However, as we shall show, in many case the non-fundamental representation of a time series may be very close to its fundamental representation implying that stan…

  • Comparing Two Methods for the Identification of News Shocks

    Open AccessPaul Beaudry, Franck Portier et al.ARTICLESSRN Electronic Journal2013

  • News Driven Business Cycles

    Open AccessPaul Beaudry, Franck PortierARTICLENational Bureau of Economic…2013

    There is a widespread belief that changes in expectations may be an important independent driver of economic fluctuations. The news view of business cycles offers a formalization of this perspective

  • Monetary Policy and Herd Behavior

    Open AccessOlivier Loisel, Aude Pommeret et al.ARTICLESSRN Electronic Journal2012

  • A Gains from Trade Perspective on Macroeconomic Fluctuations

    Open AccessPaul Beaudry, Franck PortierARTICLESSRN Electronic Journal2011

  • The Transition toward Intensive Network Technologies

    Open AccessJean Sebastien Bedo, Stéphane Ciriani et al.ARTICLESSRN Electronic Journal2009

  • Gold Rush Fever in Business Cycles

    Paul Beaudry, Fabrice Collard et al.ARTICLENational Bureau of Economic…2006

    Gold rushes are periods of economic boom, generally associated with large increases in expenditures aimed at securing claims near new found veins of gold. An interesting aspect of gold rushes is that, from a social point of view, much of the increased activity is wasteful since it contributes simply to the expansion of the stock of money. In this paper, we explore whether business cycle fluctuations may sometimes be driven by a phenomenon akin to…

  • Stock Prices, News, and Economic Fluctuations

    Paul Beaudry, Franck PortierARTICLEAmerican Economic Review2006

    A common view in macroeconomics is that business cycles can be meaningfully decomposed into fluctuations driven by demand shocks - which are shocks that have no short- or long-run effects on productivity - and fluctuations driven by unexpected changes in technology. In this Paper we propose a means of evaluating this view and we show that it is strongly at odds with the data. In contrast, we show that the data favours a view of business cycles dr…

  • An exploration into Pigou's theory of cycles

    Open AccessPaul Beaudry, Franck PortierARTICLEJournal of Monetary Economics2004

  • Prices Paid for Italian Pictures in the Stuart Age

    Franck PortierARTICLEJournal of the History of…1996

    Early collectors of Italian paintings were able to buy pictures quite cheaply, direct from the Italian market. When growing competition from enthusiastic purchasers forced prices up, it remained possible to buy collections in bulk and strike excellent bargains. The shrewdness of Caroline connoisseurs was amply confirmed by the results of the Commonwealth sales. Collectors of the later Stuart period were no doubt less discriminating than their pre…

  • Les ajustements des prix et des salaires

    Open AccessFranck PortierARTICLEEconomie et Statistique /…1994Cited by: 1References: 1

    Die Preis- und Lohnanpassungen: theoretisches Anliegen und statistische Messung Die Starrheiten der Preise und der Nominallôhne nehmen in den theoretischen Diskussionen der Makroôkonomie einen zentralen Platz ein. Den keynesianischen Ôkon- omen zufolge spiegeln sie die Effekte der Nachfrage- schocks, beispielsweise einer Erhôhung der ôffentlichen Ausgaben, auf die Produktion wider. Fur die neoklassi- schen Ôkonomen haben dièse Starrheiten dagegen…

  • Contraintes d'encaisses préalables et fluctuations économiques

    Jean‐Olivier Hairault, Jean-Olivier Hairault et al.ARTICLERevue économique1994

    Contraintes d'encaisses préalables et fluctuations économiques La reproduction de la dimension nominale du cycle et la prise en compte de chocs monétaires comme source de fluctuations demeurent un enjeu essentiel de l'analyse du cycle économique, face au développement de la littérature du courant des cycles réels. Une contrainte d'encaisses monétaires préalables sur la consommation, puis à la fois sur la consommation et l'investissement, est intr…