France : Financial Sector Assessment Program—Technical Notes—Stress Testing Methodology and Results; Integration into Global Financial Markets; and Public Intervention in Financial Markets—Obstacles to Monetary Transmission

1FRAEA2005001 Image
Price:  $15.00

Release Date: © June, 2005
ISBN : 978-1-45181-363-0
Stock #: 1FRAEA2005001
Stock Status: On back-order

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These Technical Notes on France explain integration of global financial markets. The stress tests for the France Financial Sector Assessment Program (FSAP) were designed to yield as comprehensive and detailed a picture as possible within the constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models point to a smaller reaction to monetary policy in France than in other large euro-area economies.


Economic policy , Monetary policy

More publications in this series: IMF Staff Country Reports