Pierre Aldama | IDEAS/RePEc

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  • Bonam, Dennis & Ciccarelli, Matteo & Gomes, Sandra & Aldama, Pierre & Bańkowski, Krzysztof & Buss, Ginters & da Costa, José Cardoso & Christoffel, Kai & Elfsbacka Schmöller, Michaela & Jacquinot, Pasc, 2024. "Challenges for monetary and fiscal policy interactions in the post-pandemic era," Occasional Paper Series 337, European Central Bank.

    Cited by:

    1. Kloosterman, Roben & Bonam, Dennis & van der Veer, Koen, 2024. "The effects of monetary policy across fiscal regimes," Journal of Macroeconomics, Elsevier, vol. 81(C).
    2. Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.

  • Aldama Pierre & Gaulier Guillaume & Lemoine Matthieu & Robert Pierre-Antoine & Turunen Harri & Zhutova Anastasia, 2022. "The EA-BDF Model and Government Spending Multipliers in a Monetary Union," Working papers 883, Banque de France.

    Cited by:

    1. Fanny Henriet & Yannick Kalantzis & Matthieu Lemoine & Noëmie Lisack & Harri Turunen, 2025. "Bridging the Gap in Macroeconomic Analysis of the Energy Transition: Combining Medium-and Long-Term Approaches," Working papers 1000, Banque de France.

  • Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.

    Cited by:

    1. Carola Conces Binder & Rodrigo Sekkel, 2023. "Central Bank Forecasting: A Survey," Staff Working Papers 23-18, Bank of Canada.
    2. Angelini, Elena & Bokan, Nikola & Ciccarelli, Matteo & Lalik, Magdalena & Zimic, Srečko, 2025. "The ECB-Multi Country Model. A semi-structural model for forecasting and policy analysis for the largest euro area countries," Working Paper Series 3119, European Central Bank.
    3. Arce, Óscar & Ciccarelli, Matteo & Montes-Galdón, Carlos & Kornprobst, Antoine, 2024. "What caused the euro area post-pandemic inflation?," Occasional Paper Series 343, European Central Bank.
    4. Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.

  • Pierre Aldama & Jean-François Ouvrard, 2020. "Basic Model Elasticities of the Macroeconomic Model for France of the Banque de France (FR-BDF)," Working papers 750, Banque de France.

    Cited by:

    1. Guillaume Bove & Stéphane Dees & Camille Thubin, 2020. "House Prices, Mortgage Debt Dynamics and Economic Fluctuations in France: A Semi-Structural Approach," Working papers 787, Banque de France.

  • Pierre Aldama & Jérôme Creel, 2020. "Asymmetric macroeconomic stabilization and fiscal consolidation in the OECD and the Euro Area," Documents de Travail de l'OFCE 2020-09, Observatoire Francais des Conjonctures Economiques (OFCE).

    Cited by:

    1. Jérôme Creel, 2021. "Establishing a Fiscal Dialogue in Europe," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(3), pages 339-355, September.
    2. Badru, Ruth & Calef, Andrea & Ilori, Ayobami E. & Omoju, Oluwasola E., 2025. "Fiscal consolidation and asymmetric macroeconomic effects: Evidence from Sub-Saharan African countries," Economic Modelling, Elsevier, vol. 147(C).

  • Pierre Aldama & Jérôme Creel, 2020. "Why Fiscal Regimes Matter for Fiscal Sustainability," Working papers 769, Banque de France.

    Cited by:

    1. Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Post-Print hal-03384685, HAL.
    2. María del Carmen Ramos-Herrera & Simón Sosvilla-Rivero, 2020. "Fiscal Sustainability in Aging Societies: Evidence from Euro Area Countries," Sustainability, MDPI, vol. 12(24), pages 1-20, December.
    3. Jerome Creel, 2020. "Fiscal space in the euro area before Covid-19," Economics Bulletin, AccessEcon, vol. 40(2), pages 1698-1706.
    4. William Irungu Nganga & Julien Chevallier & Simon Wagura Ndiritu, 2018. "Regime changes and fiscal sustainability in Kenya with comparative nonlinear Granger causalities across East-African countries," Working Papers halshs-01941226, HAL.

  • Matthieu Lemoine & Harri Turunen & Mohammed Chahad & Antoine Lepetit & Anastasia Zhutova & Pierre Aldama & Pierrick Clerc & Jean-Pierre Laffargue, 2019. "The FR-BDF Model and an Assessment of Monetary Policy Transmission in France," Working papers 736, Banque de France.

    Cited by:

    1. Guillaume Bove & Stéphane Dees & Camille Thubin, 2020. "House Prices, Mortgage Debt Dynamics and Economic Fluctuations in France: A Semi-Structural Approach," Working papers 787, Banque de France.
    2. Pierre Aldama & Jean-François Ouvrard, 2020. "Basic Model Elasticities of the Macroeconomic Model for France of the Banque de France (FR-BDF)," Working papers 750, Banque de France.
    3. Thomas Allen & Mathieu Boullot & Stéphane Dees & Annabelle de Gaye & Noémie Lisack & Camille Thubin & Oriane Wegner, 2023. "Using Short-Term Scenarios to Assess the Macroeconomic Impacts of Climate Transition," Working papers 922, Banque de France.
    4. Aldama Pierre & Gaulier Guillaume & Lemoine Matthieu & Robert Pierre-Antoine & Turunen Harri & Zhutova Anastasia, 2022. "The EA-BDF Model and Government Spending Multipliers in a Monetary Union," Working papers 883, Banque de France.
    5. Aldama, Pierre & Le Bihan, Hervé & Le Gall, Claire, 2025. "What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model," Journal of Macroeconomics, Elsevier, vol. 85(C).
    6. Fanny Henriet & Yannick Kalantzis & Matthieu Lemoine & Noëmie Lisack & Harri Turunen, 2025. "Bridging the Gap in Macroeconomic Analysis of the Energy Transition: Combining Medium-and Long-Term Approaches," Working papers 1000, Banque de France.
    7. Stéphane Dees & Stefan Gebauer & Thomas Goncalves & Camille Thubin, 2022. "The Financing Structure of Non-Financial Corporations and Macro-Financial Implications in France," Working papers 880, Banque de France.
    8. Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.

  • Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Post-Print hal-03384685, HAL.

    Cited by:

    1. António Afonso & José Alves & Sofia Monteiro, 2024. "Sovereign risk dynamics in the EU: the time varying relevance of fiscal and external (im)balances," Working Papers REM 2024/0311, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    2. Karsten Staehr & Oļegs Tkačevs & Katri Urke, 2024. "Fiscal performance under inflation and inflation surprises: evidence from fiscal reaction functions for the euro area," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 160(4), pages 1477-1504, November.
    3. Spataro, Luca & Fanti, Luciano & Pacini, Pier Mario, 2019. "Saving, fertility and public policy in an overlapping generations small open economy," Economic Modelling, Elsevier, vol. 81(C), pages 16-29.
    4. António Afonso & José Alves & Oļegs Matvejevs & Oļegs Tkačevs, 2023. "Fiscal Sustainability and the Role of Inflation," CESifo Working Paper Series 10843, CESifo.
    5. Srivastava, Dinesh Kumar & Trehan, Ragini & Bharadwaj, Muralikrishna & Kapur, Tarrung, 2021. "Revisiting fiscal responsibility norms: a cross country analysis of the impact of Covid-19," MPRA Paper 108903, University Library of Munich, Germany.
    6. Intan Syahrini & Yusri Hazmi & Raja Masbar & Aliasuddin & Said Munzir, 2021. "Optimal Control Dynamic Relationships and Fiscal Policies in Indonesia’s Economy," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 34-51.
    7. Daisuke Miyashita, 2023. "Public debt and income inequality in an endogenous growth model with elastic labor supply," International Journal of Economic Policy Studies, Springer, vol. 17(2), pages 447-472, August.
    8. Guoqiang Ma & Yiniu Cui, 2025. "An Analysis of the Sustainability Issues of U.S. Treasury Bonds—A Study Based on the Vector Error Correction Model and Trend Forecasting," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 713-738, March.
    9. Chuluunbayar, Delgerjargal, 2019. "The US Fiscal Consolidation, its impact and policy implications," MPRA Paper 98223, University Library of Munich, Germany.
    10. Anna Staszewska-Bystrova & Victor Bystrov, 2022. "The Evolution of Fiscal Policy and Public Debt Dynamics: The Case of Sweden," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 67-83.
    11. António Afonso & José Alves & Sofia Monteiro, 2025. "Private investment and public investment: total rates of return and global balances in the OECD," Working Papers REM 2025/0363, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    12. Canofari, Paolo & Marini, Giancarlo & Piergallini, Alessandro, 2020. "Financial Crisis and Sustainability of US Fiscal Deficit: Indicators or Tests?," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 192-204.
    13. Dennis Bonam & Bart Hobijn, 2021. "Generalized Stability of Monetary Unions Under Regime Switching in Monetary and Fiscal Policies," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(1), pages 73-94, February.
    14. Hernán Ricardo Briceño & Javier Perote, 2020. "Determinants of the Public Debt in the Eurozone and Its Sustainability Amid the Covid-19 Pandemic," Sustainability, MDPI, vol. 12(16), pages 1-29, August.

  • Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Sciences Po Economics Publications (main) hal-03384685, HAL.

    Cited by:

    1. António Afonso & José Alves & Sofia Monteiro, 2024. "Sovereign risk dynamics in the EU: the time varying relevance of fiscal and external (im)balances," Working Papers REM 2024/0311, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    2. Karsten Staehr & Oļegs Tkačevs & Katri Urke, 2024. "Fiscal performance under inflation and inflation surprises: evidence from fiscal reaction functions for the euro area," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 160(4), pages 1477-1504, November.
    3. Spataro, Luca & Fanti, Luciano & Pacini, Pier Mario, 2019. "Saving, fertility and public policy in an overlapping generations small open economy," Economic Modelling, Elsevier, vol. 81(C), pages 16-29.
    4. António Afonso & José Alves & Oļegs Matvejevs & Oļegs Tkačevs, 2023. "Fiscal Sustainability and the Role of Inflation," CESifo Working Paper Series 10843, CESifo.
    5. Srivastava, Dinesh Kumar & Trehan, Ragini & Bharadwaj, Muralikrishna & Kapur, Tarrung, 2021. "Revisiting fiscal responsibility norms: a cross country analysis of the impact of Covid-19," MPRA Paper 108903, University Library of Munich, Germany.
    6. Intan Syahrini & Yusri Hazmi & Raja Masbar & Aliasuddin & Said Munzir, 2021. "Optimal Control Dynamic Relationships and Fiscal Policies in Indonesia’s Economy," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 34-51.
    7. Daisuke Miyashita, 2023. "Public debt and income inequality in an endogenous growth model with elastic labor supply," International Journal of Economic Policy Studies, Springer, vol. 17(2), pages 447-472, August.
    8. Guoqiang Ma & Yiniu Cui, 2025. "An Analysis of the Sustainability Issues of U.S. Treasury Bonds—A Study Based on the Vector Error Correction Model and Trend Forecasting," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 713-738, March.
    9. Chuluunbayar, Delgerjargal, 2019. "The US Fiscal Consolidation, its impact and policy implications," MPRA Paper 98223, University Library of Munich, Germany.
    10. Anna Staszewska-Bystrova & Victor Bystrov, 2022. "The Evolution of Fiscal Policy and Public Debt Dynamics: The Case of Sweden," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 67-83.
    11. António Afonso & José Alves & Sofia Monteiro, 2025. "Private investment and public investment: total rates of return and global balances in the OECD," Working Papers REM 2025/0363, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    12. Canofari, Paolo & Marini, Giancarlo & Piergallini, Alessandro, 2020. "Financial Crisis and Sustainability of US Fiscal Deficit: Indicators or Tests?," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 192-204.
    13. Dennis Bonam & Bart Hobijn, 2021. "Generalized Stability of Monetary Unions Under Regime Switching in Monetary and Fiscal Policies," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(1), pages 73-94, February.
    14. Hernán Ricardo Briceño & Javier Perote, 2020. "Determinants of the Public Debt in the Eurozone and Its Sustainability Amid the Covid-19 Pandemic," Sustainability, MDPI, vol. 12(16), pages 1-29, August.

  • Pierre Aldama & Jérôme Creel, 2018. "Les règles budgétaires : une analyse empirique sur données révisées et en temps réel," Post-Print hal-03384684, HAL.

    Cited by:

    1. Pierre Aldama & Jérôme Creel, 2020. "Asymmetric Macroeconomic Stabilization And Fiscal Consolidation In The Oecd And The Euro Area," Working Papers hal-03403071, HAL.
    2. Aldama, Pierre & Creel, Jérôme, 2022. "Real-time fiscal policy responses in the OECD from 1997 to 2018: Procyclical but sustainable?," European Journal of Political Economy, Elsevier, vol. 73(C).

  • Pierre Aldama & Jérôme Creel, 2018. "Les règles budgétaires : une analyse empirique sur données révisées et en temps réel," Sciences Po Economics Publications (main) hal-03384684, HAL.

    Cited by:

    1. Pierre Aldama & Jérôme Creel, 2020. "Asymmetric Macroeconomic Stabilization And Fiscal Consolidation In The Oecd And The Euro Area," Working Papers hal-03403071, HAL.
    2. Aldama, Pierre & Creel, Jérôme, 2022. "Real-time fiscal policy responses in the OECD from 1997 to 2018: Procyclical but sustainable?," European Journal of Political Economy, Elsevier, vol. 73(C).

  • Pierre ALDAMA & Jérôme Creel, 2017. "Fiscal policy in the US : Ricardian after all ?," Documents de Travail de l'OFCE 2017-23, Observatoire Francais des Conjonctures Economiques (OFCE).

    Cited by:

    1. Rathnayake, Anuruddhi Shanika K, 2020. "Sustainability of the fiscal imbalance and public debt under fiscal policy asymmetries in Sri Lanka," Journal of Asian Economics, Elsevier, vol. 66(C).

  • Pierre Aldama & Jérôme Creel, 2017. "Fiscal policy in the US : Ricardian after all ?," Sciences Po Economics Publications (main) hal-03458503, HAL.

    Cited by:

    1. Rathnayake, Anuruddhi Shanika K, 2020. "Sustainability of the fiscal imbalance and public debt under fiscal policy asymmetries in Sri Lanka," Journal of Asian Economics, Elsevier, vol. 66(C).

  • Pierre Aldama & Jérôme Creel, 2017. "Why Fiscal Regimes Matter for Fiscal Sustainability: An Application to France," Working Papers 2017.01, International Network for Economic Research - INFER.

    Cited by:

    1. Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Post-Print hal-03384685, HAL.
    2. Pierre Aldama & Jérôme Creel, 2017. "Fiscal policy in the US : Ricardian after all ?," Sciences Po Economics Publications (main) hal-03458503, HAL.
    3. Staszewska-Bystrova, Anna & Bystrov, Victor, . "Ewolucja polityki fiskalnej i dynamika długu publicznego: przypadek Szwecji," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2022(3).
    4. Anna Staszewska-Bystrova & Victor Bystrov, 2022. "The Evolution of Fiscal Policy and Public Debt Dynamics: The Case of Sweden," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 67-83.

  • Aldama Pierre & Jérôme Creel, 2016. "Why fiscal regimes matter for fiscal sustainability analysis : an application to France," Documents de Travail de l'OFCE 2016-15, Observatoire Francais des Conjonctures Economiques (OFCE).

    Cited by:

    1. Jérôme Creel, 2020. "Fiscal space in the euro area before Covid-19," Documents de Travail de l'OFCE 2020-17, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. Aldama, Pierre & Creel, Jérôme, 2019. "Fiscal policy in the US: Sustainable after all?," Economic Modelling, Elsevier, vol. 81(C), pages 471-479.
    3. Magazzino, Cosimo & Brady, Gordon L. & Forte, Francesco, 2019. "A panel data analysis of the fiscal sustainability of G-7 countries," The Journal of Economic Asymmetries, Elsevier, vol. 20(C).
    4. María del Carmen Ramos-Herrera & Simón Sosvilla-Rivero, 2020. "Fiscal Sustainability in Aging Societies: Evidence from Euro Area Countries," Sustainability, MDPI, vol. 12(24), pages 1-20, December.
    5. Hollmayr, Josef, 2018. "Fiscal regimes and the (non)stationarity of debt," Discussion Papers 11/2018, Deutsche Bundesbank.
    6. Petr Makovský & Irena Descubes & František Høebík, 2024. "Post-Pandemic Inflation Dynamics: a Comparative Study of the Fiscal Theory in the Czech Republic and France," ACTA VSFS, University of Finance and Administration, vol. 18(2), pages 101-126.
    7. William Irungu Nganga & Julien Chevallier & Simon Wagura Ndiritu, 2018. "Regime changes and fiscal sustainability in Kenya with comparative nonlinear Granger causalities across East-African countries," Working Papers halshs-01941226, HAL.
    8. Irungu, William Nganga & Chevallier, Julien & Ndiritu, Simon Wagura, 2020. "Regime changes and fiscal sustainability in Kenya," Economic Modelling, Elsevier, vol. 86(C), pages 1-9.
    9. Pierre ALDAMA & Jérôme Creel, 2017. "Fiscal policy in the US : Ricardian after all ?," Documents de Travail de l'OFCE 2017-23, Observatoire Francais des Conjonctures Economiques (OFCE).
  • Aldama, Pierre & Creel, Jérôme, 2022. "Real-time fiscal policy responses in the OECD from 1997 to 2018: Procyclical but sustainable?," European Journal of Political Economy, Elsevier, vol. 73(C).

    Cited by:

    1. Heimberger, Philipp, 2023. "The cyclical behaviour of fiscal policy: A meta-analysis," Economic Modelling, Elsevier, vol. 123(C).
    2. MATSUOKA, Hideaki & 松岡, 秀明, 2024. "Real-Time Detection of Hidden Fiscal Unsustainability : Lessons from the Eurozone Crisis," Discussion Papers 2024-02, Graduate School of Economics, Hitotsubashi University.
    3. Cristina Checherita-Westphal & Nadine Leiner-Killinger & Teresa Schildmann, 2025. "Euro area inflation differentials: the role of fiscal policies revisited," Empirical Economics, Springer, vol. 68(2), pages 803-854, February.
    4. Giovanni Carnazza & Federica Lanterna & Paolo Liberati, 2025. "Measuring time-varying fiscal cyclicality of the revenue side with a new cyclically-adjusted methodology: Does the European fiscal framework play a pivotal role?," Discussion Papers 2025/321, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    5. Giovanni Carnazza & Emilio Carnevali, 2024. "Days of future past? The reform of the European fiscal framework, the (enduring) role of the structural balance and the pro-cyclical bias of potential GDP endogeneity," Discussion Papers 2024/306, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    6. Emmanuel Mamatzakis, 2024. "Dynamic panel analysis of the EU's fiscal reaction function with threshold effects," Kyklos, Wiley Blackwell, vol. 77(3), pages 520-545, August.
    7. Carnazza, Giovanni, 2023. "Ex-post and real-time estimations of the output gap: A new assessment of fiscal procyclicality in the eurozone," The Journal of Economic Asymmetries, Elsevier, vol. 28(C).
    8. Kazi Musa & Marijn Janssen & Jamaliah Said & Nor Balkish Zakaria & Naila Erum, 2025. "The Impact of Public Debt and Quality of Governance on Economic Growth in High-Income Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 2817-2843, March.
    9. Carnazza, Giovanni & Lanterna, Federica & Liberati, Paolo, 2025. "Does the European fiscal framework play a pivotal role in shaping fiscal cyclicality of the revenue side of the budget balance?," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 2162-2179.

  • Aldama, Pierre & Creel, Jérôme, 2019. "Fiscal policy in the US: Sustainable after all?," Economic Modelling, Elsevier, vol. 81(C), pages 471-479.
    See citations under working paper version above.
  • Pierre Aldama & Jérôme Creel, 2018. "Les règles budgétaires. Une analyse empirique sur données révisées et en temps reel," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(4), pages 279-306.
    See citations under working paper version above.