The International Macroeconomics, Banking and Financial Econometrics (MIBEF) research area is specialised in various topics related to international macroeconomics and finance; monetary, banking and financial economics; institutional economics, history of thought and economic theory; and financial econometrics and econometric methodology.

Research themes

Researchers in the area work primarily on the following themes

• International macroeconomics: exchange rates, policies and exchange rate regimes; growth, business cycles and economic policies; international macroeconomics and energy markets; secular stagnation and the macroeconomics of deflation.
• Money, banking and financial intermediation: money, banking economics and central banking; systemic risk, micro and macro-prudential regulations; social studies of finance; intermediation and financial intermediaries.
• Institutional economics, history of thought and economic theory: theory and history of economic thought, particularly monetary macroeconomics; economic philosophy.
• Financial econometrics: modelling asset prices and market volatility; expectation formation and risk measures; sovereign wealth funds and institutional investors; interactions between international financial markets and energy markets.
• Econometric methodology: time series econometrics; panel data econometrics; non-linear econometrics; long memory process econometrics.

Dissemination of research results

The most recent developments in these research areas are presented at regular events organised by the MIBEF axis:

• Workshops: annual Financial Econometrics workshop Recent developments in econometrics applied to finance; an annual doctoral day in International Macroeconomics and Financial Econometrics; round tables on contemporary macro-finance;
• Seminar: Research in Political, Institutional and Regulatory Economics and Socioeconomics (RESPIR);
• Scientific journals: involvement in the animation of the journals International Economics and Cahiers d’Economie Politique.

Interactions with the socio-economic environment

The MIBEF axis has the following interactions with the economic and social environment:

• Consulting and expertise activities in national and international institutions (ACPR, Banque de France, CEPII, OECD, United Nations, Etc.),
• Participation in think tanks and NGOs (Cercle des économistes, Finance Watch, Fondation pour la Nature et l’Homme, Institut Veblen, etc.) and very regular interventions in the media (written press, radio and television),
• Multiform partnerships with the banking and financial professions, their companies (BNPP, Crédit Mutuel, Etc.) and their organisations (CFPB, AFTI, Etc.) in the field of apprenticeships and continuing education (bachelor and master levels),
• Regularly obtaining CIFRE contracts for doctoral students (Banque de France, IFPEN, Total, Amundi, Etc.),
• Associate professors and visiting foreign professors involved in research and teaching activities.

Links with high education

The MIBEF axis supports three Master degrees:

• The Master in Applied Economics allows students to study topics at the frontier of the most recent economic research and policies in courses taught by renowned economists and apply econometric methods adapted to the study of these different topics.
  More information: Master in Applied Economics and: http://master.eipmc.free.fr/
• The Master in Money, Banking, Finance and Insurance provides students with theoretical and practical skills in banking and finance, particularly, a good command of the analytical tools required to understand the interdependencies between the financial and banking industry and the macroeconomic framework.
  More information: Master in Money, Banking, Finance and Insurance
• The Master’s degree in Economic and Social Sciences aims to train specialists in economics, open to interdisciplinary exchange. The research-oriented courses include the History of Economic Thought specialisation organised in partnership with the University of Paris 1 and the Institutions, Economy and Society specialisation organised in partnership with the EHESS.
  More information: Master in Economic and Social Sciences and https://mses.parisnanterre.fr/