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

Author/Editor:

International Monetary Fund

Publication Date:

June 8, 2005

Electronic Access:

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Summary:

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.

Series:

Country Report No. 05/185

Subject:

English

Publication Date:

June 8, 2005

ISBN/ISSN:

9781451813630/1934-7685

Stock No:

1FRAEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

121

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