Research

WORKING PAPERS:

E. Gautier, C. Conflitti, D. Enderle , L. Fadejeva, A. Grimaud, E. Gutiérrez, V. Jouvanceau, J.-O. Menz, A.  Paulus, P. Petroulas,  P. Roldan-Blanco, E. Wieland (2025) Consumer Price Stickiness in the Euro Area  During an Inflation Surge, draft

E. Gautier, J. Montornes, (2025) Measuring Households' Inflation Expectations in the Euro Area: the Effect of Panel Conditioning, WP BDF 1007

E. Gautier, F. Savignac, O. Coibion, (2025) Firms' Inflation and Wage Expectations during the Inflation Surge BDF WP 995, NBER WP 33799 [VoxEU]

P. Andrade, E. Gautier, E. Monch, E. Mengus, T Schmidt, (2025) Households' Beliefs about Fiscal Dominance, CEPR DP 19862  WP BDF 986

E. Gautier, C. Grosse-Steffen, M. Marx, P. Vertier, (2024)  Decomposing the Inflation Response to Weather-Related Disasters, WP BDF 935 (in revision)

E. Gautier, P. Hubert, A. Martin-Baillon (2025) Heterogenous Firm Expectations and Misallocation , in progress

PUBLISHED PAPERS:

[22] L. Dedola, E. Gautier, C. Osbat, S. Santoro, (2025) Price Stickiness in the Euro Area,  pages 273-305 chapter 12 in Research Handbook of Inflation (2025), Edited by Guido Ascari and Riccardo Trezzi. [WP BDF 948]

[21] F. Alvarez, A. Ferrara, E. Gautier, H. Le Bihan and F. Lippi (2025), Empirical investigation of a sufficient statistic for monetary shocks, Review of Economic Studies Volume 92, Issue 4, July 2025, pages 2165–2196   https://doi.org/10.1093/restud/rdae082 

[20] F. Savignac, E. Gautier, Y. Gorodnichenko, O. Coibion, (2024) Firms' Inflation Expectations: New Evidence from France, [SUERF policy brief]  Journal of European Economic Association Volume 22, Issue 6, December 2024, Pages 2748–2781, https://doi.org/10.1093/jeea/jvae015 

[19] E. Gautier, C. Conflitti, R. Faber, B. Fabo, L. Fadejeva, V. Jouvanceau, J.-O. Menz, T. Messner, P. Petroulas, P. Roldan-Blanco, F. Rumler, S. Santoro, E. Wieland, H. Zimmer, (2024) New Facts on Consumer Price Rigidity in the Euro Area American Economic Journal: Macroeconomics 16(4), 386–431[paper][replication package]

[18] E. Gautier, M. Marx, P.  Vertier (2023) How Do Gasoline Prices Respond To a Cost Shock? , Journal of Political Economy Macroeconomics volume 1, number 4, December 2023, pages707-741 https://doi.org/10.1086/727698 

[17]  J. Carluccio, E. Gautier and S. Guilloux-Nefussi, (2023) Dissecting the Impact of Imports from Low-Wage Countries on French Consumer Prices,  European Economic Review, Volume 160, November 2023, 104613, https://doi.org/10.1016/j.euroecorev.2023.104613  

[16] P. Andrade, E. Gautier et E. Mengus (2023) What Matters in Households’ Inflation Expectations,  Journal of Monetary Economics, Vol. 138, 50-68 [VoxEU.org] https://doi.org/10.1016/j.jmoneco.2023.05.007 

[15]  K. Adam, E. Gautier, S. Santoro and H. Weber (2022), The Case for a Positive Euro Area Inflation Target: Evidence from France, Germany and Italy, Journal of Monetary Economics,  Vol. 132, 140-153.  [VoxEU.org][Bundesbank research brief] https://doi.org/10.1016/j.jmoneco.2022.09.002 

[14] E. Gautier, S. Roux and M. Suarez Castillo (2022) How Do Wage Setting Institutions Affect Wage Rigidity? Evidence from French Micro Data, Labour Economics, Volume 78, October 2022. 

[13] E. Gautier and H. Le Bihan, (2022) Shocks vs Menu Costs: Patterns of Price Rigidity in an Estimated Multi-Sector Menu-Cost Model, Review of Economics and Statistics, 104 (4): 668–685. [Banque de France WP n° 682 [online appendix][US-ELI to FR-COICOP] [Data moments - parameters]

[12] P. Andrade, O. Coibion et E Gautier and Y. Gorodnichenko (2022) No Firm is an Island? How Industry Conditions Shape Firms’ Expectations, Journal of Monetary Economics (CRN Volume), Volume 125, January 2022, Pages 40-56 . 

[11] D. Fougère, E. Gautier, and S. Roux, (2018) Wage Floor Rigidity in Industry-Level Agreements: Evidence from France, Labour Economics vol. 55, pp 72-97 .

[10] N. Berardi, E. Gautier and H. Le Bihan (2015), More Facts About Prices: France Before and During the Great Recession, Journal of Money, Credit and Banking, Volume 47, Issue 8, pages 1465-1502 . [Appendix].

[9] E. Gautier and R. Le Saout, (2015), The Dynamics of Gasoline Prices: Evidence from Daily French Micro Data, Journal of Money, Credit and Banking, Volume 47, Issue 6, pages 1063–1089, September 2015. [Appendix] Press Releases: [Lefigaro.fr] [20Minutes] [Economie matin.fr]

[8] J. Carluccio, D. Fougère and E. Gautier (2015) Trade, Wages and Collective Bargaining: Evidence from France, The Economic Journal, Vol. 125, Issue 584, Pages 803–837 [Vox.eu column] [Rue de la Banque]

[7] N. Berardi, T. Eife, and E. Gautier (2014) Optimal Price Setting During a Currency Changeover: Theory and Evidence from French Restaurants, Applied Economics, Vol. 46, No. 23, Pages 2766-2782.

[6] S. Avouyi-Dovi, D. Fougère and E. Gautier (2013) Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data, The Review of Economics and Statistics, Vol. 95, No. 4, Pages 1337-1351.

[5] P. Vermeulen, D., Dias, M. Dossche, E. Gautier, I. Hernando, R. Sabbatini, and  H. Stahl (2012) Price Setting in the Euro Area: Some Stylised Facts from Individual Producer Price Data, Journal of Money, Credit and Banking, Volume 44, Issue 8, December 2012, Pages 1631-1650.

[4] E. Gautier and H. Le Bihan (2011) Time-Varying (S, s) Band Models: Properties and Interpretation, Journal of Economic Dynamics and Control, Volume 35, Issue 3, March 2011, Pages 394-412.

[3] D. Fougère, E. Gautier and H. Le Bihan (2010) Restaurant Prices and the Minimum Wage, Journal of Money, Credit and Banking, Vol 42, pages 1199-1234 . [Appendix]

[2] P. Du Caju, E. Gautier, D. Momferatou, and M. Ward-Warmedinger (2009) Institutional Features of Wage Bargaining in 23 European Countries, the US and Japan, Ekonomia, vol. 12(2), pages 57-108.

[1] E. Gautier (2008) The Behaviour of Producer Prices: Evidence from French PPI Micro-data, Empirical Economics, 35(2), pages 301 - 332.

In FRENCH 

[10] E. Gautier, J. Montornes (2024) Les effets hétérogènes de l’inflation en France et dans la zone euro. Revue d'Economie Financière n°153 "Les inflations"[version_2024][Annexe] [version publiée FR][ENG]

[9] E. Gautier et J. Montornès (2022) Les anticipations d’inflation des ménages en France : leçons d’une nouvelle enquête et de la crise du Covid-19, Economie et Statistique,  534-35, 3–19.  also in English Gautier, E. & Montornès, J. (2022). Household Inflation Expectations in France: Lessons from a New Survey and the COVID-19 Crisis. Economie et Statistique / Economics and Statistics, 534-35, 3–19. 

[8] E. Gautier, S. Roux et M. Suarez Castillo (2019) “Rigidité des salaires à la baisse: quel rôle des accords collectifs ?”, Revue Française d’Économie, vol. 34, pp. 45-89. 

[7] E. Gautier (2017) Les salaires minima de branche en France, Revue Française d’Économie, vol 32.

[6] E. Gautier and R. Le Saout (2017) L’ajustement  microéconomique  des  prix  des  carburants  en France, Economie et Prévision, n°210, pages 1-24.

[5] N. Berardi, E. Gautier and H. Le Bihan (2013) Les ajustements individuels de prix à la consommation en France : de nouveaux résultats sur la période 2003-2011, Economie et Statistique, n°460-461, Pages 5-35. [Sciences Humaines]

[4] S. Avouyi-Dovi,  D. Fougère and E. Gautier (2010)  Les négociations salariales en France: une analyse à partir de données d'entreprise (1994-2005), Economie et Statistique, n°426, pages 29-65. [La Tribune][Liaisons Sociales]

[3] E. Gautier (2009) Les ajustements microéconomiques des prix : une synthèse des modèles théoriques et résultats empiriques, Revue d'Economie Politique, 119(3), pages 323-372.

[2] E. Gautier (2008) La dynamique des changements de prix de production : une analyseà partir des relevés de prix à la production, Economie et Statistique, n°407, pages 3-26. 

[1] B. Bellone, E. Gautier, and S. Le Coent (2006) Les marchés financiers anticipent-ils les retournements conjoncturels?, Economie et Prévision, n° 172. (old English WP version

Predicting economic downturns with a financial qualitative hidden markov model )

Older working papers:

E. Gautier et F.-C. Wolff, (2020) Les aides à l’innovation ont-elles un effet sur les salaires et l’emploi des jeunes entreprises innovantes ?, BPI France WP.

J. Carluccio, D. Fougère and E. Gautier, (2016) The Impact of Trade Shocks on Collective Wage Bargaining CEPR Discussion Paper No.11289