Historical data on French banks, credit and the macroeconomy
Bank branches and balance sheets, total bank credit and deposits, from 1901 to 1938.
Click here to download the dataset ( annual time series)
Please read and cite the following papers that explain the construction of these data:
Baubeau, P., Monnet, E., Riva, A., & Ungaro, S. (2021). Flight-to-safety and the credit crunch: a new history of the banking crises in France during the Great Depression. The Economic History Review, 74(1), 223–250. [EHR proofs] Working paper BdF (No. 698) [containing additional figures]
Bonhoure, E., Clausse, H., Monnet, E., & Riva, A. (2021). The Great Expansion. The Exceptional Spread of Bank Branches in Interwar France (No. 16698). CEPR Discussion Papers.
Data on short-term and long-term interest rates 1800-2015
Click here to download the dataset (time series)
Vivien Levy-Garboua & Eric Monnet, Les taux d'intérêt en France, 1800-2015", Revue d"économie financière, no 1, p. 35-58.,mars 2016, [Interest rates in France, 1800-2015]
Monthly and quarterly financial and macroeconomic variables, France, 1880-1913
Click here to download the data (consumer prices, railway revenues - a proxy for the business cycle -, interest rates, stock market, central bank balance sheet, exports, imports, gold flows, credit, etc. )
Please cite and read the following paper to understand the data sources:
Bazot, G., Bordo, M. D., & Monnet, E. (2016). International shocks and the balance sheet of the Bank of France under the classical gold standard. Explorations in Economic History, 62, 87-107.
Monthly and quarterly financial and macroeconomic variables, France, 1945-1973
Click here to download the data (consumer prices, industrial production, unemployment, interest rates, balance of payment, credit, measure of monetary policy tightening, etc. )
Please cite and read the following paper to understand the data sources:
Monnet, Eric. 2014. "Monetary Policy without Interest Rates: Evidence from France's Golden Age (1948 to 1973) Using a Narrative Approach." American Economic Journal: Macroeconomics, 6 (4): 137-69.
Sectoral data, 1950-1974. Short and long-term credit, revenues, wages, investment by sector.
Click here to download the dataset
Please cite and read the following chapter to understand the data sources:
Monnet, E. (2018). Controlling Credit: Central Banking and the Planned Economy in Postwar France, 1948 1973. Cambridge University Press. chapter 6.