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Yannick Kalantzis
Director of Macroeconomic Analysis and Forecasting
Yannick Kalantzis is Director of Microeconomic Analysis and Forecasting in the Directorate General Statistics, Economics and International. Previously, he was Head of the Euro Area Outlook Division and a Senior Economist in the International Macroeconomics Division. Before joining the Banque de France in 2010, he was an economist at the French Treasury. His research covers various topics in macroeconomics and international macroeconomics.
Current Position
Director of Macroeconomic Analysis and Forecasting
Previous Position
- Head of the Euro Area Outlook Division, Banque de France (2015−2018)
- Deputy Head of the Euro Area Outlook Division, Banque de France (2014−2015)
- Senior Economist, International Macroeconomic Division, Banque de France (2010−2014)
- Deputy Head of the Macroeconomic Policy and International Risks Division, French Treasury (2007−2010)
Diplomas
- PhD in Economics, ENPC−PSE (2006)
- Masters degree in Economics, École Polytechnique−EHESS−Paris X University (2002)
- Graduate engineering programme, École Nationale des Ponts et Chaussées (1999-2002)
- Masters degree, École Polytechnique (1996-1999)
Research Interest
Macroeconomics, international economics
Contact
- yannick.kalantzis@banque-france.fr
- +33 (0)1 42 92 36 84
- Banque de France, 46-1405 DCPM, 75049 Paris Cedex 01, France
Academic Publications
Articles
- Financial fragility in small open economies: firm balance sheets and the sectoral structure” (2015), Review of Economic Studies, 82 (3).
- Optimal Exchange Rate Policy in a Growing Semi-Open Economy” (2014), IMF Economic Review, 62 (1), with Philippe Bacchetta and Kenza Benhima.
- Capital Controls with International Reserve Accumulation: Can this Be Optimal?” (2013), American Economic Journal: Macroeconomics, 5 (3), with Philippe Bacchetta and Kenza Benhima.
- Wage and Productivity differentials in Japan. The Role of Labor Market Mechanisms” (2012), LABOUR: Review of Labour Economics and Industrial Relations, 26 (4), with Ryo Kambayashi and Sébastien Lechevalier.
- Désindustrialisation et crise financière dans une économie émergente” (2005), Revue Économique 56 (3)
Others
- “The appreciating renminbi” (2013), Vox column, January 9, with Philippe Bacchetta and Kenza Benhima.
- “Unconventional monetary policies, an appraisal” (2009). with A. Bouveret, A. Brahmi, A. Olmedo, and S. Sorbe, Trésor Eco n°56, DG Trésor (reprinted in Économie et prévision, n°190–191, 2009).
- “Financial fragility in emerging market countries: firm balance sheets and the productive structure” (2005), PSE Working Paper, 2005-17.
Publications
Interim macroeconomic projections – March 2024
12th of March 2024
Macroeconomic projections
Forecasts
Macroeconomic projections – December 2023
19th of December 2023
Macroeconomic projections
Forecasts
31st of January 2022
Macroeconomic projections – December 2021
19th of December 2021
Macroeconomic projections
Forecasts
11th of October 2021
Macroeconomic projections – September 2021
23rd of September 2021
Macroeconomic projections
Economic conditions
Macroeconomic projections – June 2021
18th of June 2021
Macroeconomic projections
Economic conditions
What explains the persistent weakness of euro area inflation since 2013?
29th of April 2021
Banque de France Bulletin
Monetary policy
16th of March 2021
Macroeconomic projections – December 2020
14th of December 2020
Macroeconomic projections
Economic conditions
Macroeconomic projections – September 2020
14th of September 2020
Macroeconomic projections
Economic conditions
28th of July 2020
Macroeconomic projections – June 2020
9th of June 2020
Macroeconomic projections
Economic conditions
Why have strong wage dynamics not pushed up inflation in the euro area?
10th of October 2019
Banque de France Bulletin
Economic research
13th of September 2019
Money and capital in a persistent liquidity trap
17th of December 2018
Working paper
Money
28th of February 2018
13th of November 2017