Staff Profile Skip to main content
Staff Profile

Dr Herve Le Bihan


Position
Senior Reseach Fellow
Faculty
Office of the Provost
School
Faculty of Business and Law
Campus
Bentley Campus
Location
402

Brief Summary

I have worked extensively in the areas of price and wage rigidity, inflation and monetary policy, and authored a number of articles in these areas.

Back to top

Employment History

Deputy Director of Monetary and Financial Studies Directorate at the Banque de France since 2015. Senior Fellow researcher at Curtin in 2017-. Previously, since 1999, I have occupied various positions at the Banque de France: researcher in the Research Unit, Deputy Head of Economic and Financial Research Division, Head of Microeconomic Analysis Division ; and Head of Macro-Analysis and Forecasting Division Previously (1994-98) I was economist at the Observatoire Français des Conjonctures Economiques (OFCE), involved in international macro-modelling and forecasting.

Back to top

Research Interests

Macroeconomics and monetary economics: price - setting and inflation particularly. Applied econometrics.

Back to top

Publications


2016

Journal Articles (Research)

  • Alvarez, F., H. Le Bihan, and F. Lippi. 2016. "The real effects of monetary shocks in sticky price models: A sufficient statistic approach." American Economic Review 106 (10): 2817-2851.

2015

Journal Articles (Research)

  • Berardi, N., E. Gautier, and H. Le Bihan. 2015. "More Facts about Prices: France Before and During the Great Recession." Journal of Money, Credit and Banking 47 (8): 1465-1502.

2013

Journal Articles (Research)

  • Le Bihan, H., and P. Andrade. 2013. "Inattentive professional forecasters." Journal Of Monetary Economics 60 (8): 967-982.
  • Berardi, N., E. Gautier, and H. Le Bihan. 2013. "Les ajustements individuels de prix à la consommation en France : de nouveaux résultats sur la période 2003-2011." Economie Et Statistique 460 (1): 5-35.

2012

Journal Articles (Research)

  • Dixon, H., and H. Le Bihan. 2012. "Generalised Taylor and Generalised Calvo Price and Wage Setting: Micro-evidence with Macro Implications." Economic Journal 122 (560): 532-554.
  • Le Bihan, H., J. Montornès, and T. Heckel. 2012. "Sticky wages: Evidence from quarterly microeconomic data." American Economic Journal: Macroeconomics 4 (3): 01-32.
  • Le Bihan, H., and J. Matheron. 2012. "Price Stickiness and Sectoral Inflation Persistence: Additional Evidence." Journal Of Money, Credit And Banking 44 (7): 1427-1442.

2011

Journal Articles (Research)

  • Gautier, E., and H. Le Bihan. 2011. "Time-varying (S, s) band models: Properties and interpretation." Journal Of Economic Dynamics And Control 35 (3): 394-412.

2010

Journal Articles (Research)

  • Horny, G., and H. Le Bihan. 2010. "Macroeconomic volatility and the French minimum wage indexation rule." Revue de l'OFCE 112 (1): 161-168.
  • le Bihan, H. 2010. "Discussion of "Has globalization changed the Phillips curve?"." International Journal of Central Banking 6 (1): 85-92.
  • de Walque, G., J. Jimeno, M. Krause, H. le Bihan, S. Millard, and F. Smets. 2010. "Some macroeconomic and monetary policy implications of new micro evidence on wage dynamics." Journal of the European Economic Association 8 (2-3): 506-513.
  • Fougère, D., E. Gautier, and H. Le Bihan. 2010. "Restaurant prices and the minimum wage." Journal of Money, Credit and Banking 42 (7): 1199-1234.

2008

Journal Articles (Research)

  • Jondeau, E., and H. Le Bihan. 2008. "Examining bias in estimators of linear rational expectations models under misspecification." Journal of Econometrics 143 (2): 375-395.

2007

Journal Articles (Research)

  • Baudry, L., H. Le Bihan, P. Sevestre, and S. Tarrieu. 2007. "What do thirteen million price records have to say about consumer price rigidity?." Oxford Bulletin of Economics and Statistics 69 (2): 139-183.
  • Fougère, D., H. L. E. Le Bihan, and P. Sevestre. 2007. "Heterogeneity in consumer price stickiness: A microeconometric investigation." Journal of Business and Economic Statistics 25 (3): 247-264.

2006

Journal Articles (Research)

  • Creel, J., and H. Le Bihan. 2006. "Using structural balance data to test the fiscal theory of the price level: Some international evidence." JOURNAL OF MACROECONOMICS 28 (2): 338-360.

Conference Articles (Research)

  • Álvarez, L. J., E. Dhyne, M. Hoeberichts, C. Kwapil, H. Le Bihan, P. Lünnemann, F. Martins, R. Sabbatini, H. Stahl, P. Vermeulen, and J. Vilmunen. 2006. "Sticky prices in the Euro area: A summary of new micro-evidence."

2005

Journal Articles (Research)

  • Jondeau, E., and H. Le Bihan. 2005. "Testing for the New Keynesian Phillips Curve. Additional international evidence." Economic Modelling 22 (3): 521-550.

2002

Journal Articles (Research)

  • Le Bihan, H., and F. Sédillot. 2002. "Implementing and interpreting indicators of core inflation: The case of France." Empirical Economics 27 (3): 473-497.
  • Le Bihan, H., and J. G. Sahuc. 2002. "Implications of parameter uncertainty for monetary policy in a simple Euro area model." Applied Economics Letters 9 (9): 553-556.

2000

Journal Articles (Research)

  • Le Bihan, H., and F. Sédillot. 2000. "Do core inflation measures help forecast inflation?: Out-of-sample evidence from French data." Economics Letters 69 (3): 261-266.
Back to top

keyboard_arrow_downAdditional publication categories

2006

Journal Articles (Scholarly/Professional)

  • Dhyne, E., L. J. Álvarez, H. Le Bihan, G. Veronese, D. Dias, J. Hoffmann, N. Jonker, P. Lünnemann, F. Rumler, and J. Vilmunen. 2006. "Price changes in the Euro area and the United States: Some facts from individual consumer price data." Journal of Economic Perspectives 20 (2): 171-192.

2004

Journal Articles (Scholarly/Professional)

  • Jondeau, E., H. Le Bihan, and C. Gallès. 2004. "Assessing Generalized Method-of-Moments Estimates of the Federal Reserve Reaction Function." Journal of Business and Economic Statistics 22 (2): 225-239.
Back to top