WELCOME!
I am a modeler (ECB-Global (link)) in the External Developments Division at the European Central Bank.
Contact: valentin_bernard[dot]jouvanceau[at]ecb[dot]europa[dot]eu
I am a principal economist (on leave) at the Applied Macroeconomics Research Division of the Bank of Lithuania. You can find more information in my CV at (link) (last updated in July 2024).
WORKING PAPERS
"Consumer Price Stickiness in the Euro Area During the 2021-2023 Inflation Surge ", with E. Gautier, C. Conflitti, D. Enderle, L. Fadejeva, A. Grimaud, E. Gutierrez, J.-O. Menz, A. Paulus, P. Petroulas, and E. Wieland (forthcoming)
"Optimal policies when price fairness matters"
First draft, October (2024) (link), Bank of Lithuania working paper series (2024) (link*)
"Consumer price rigidity in the Baltic states during low and high inflation periods", with L. Fadejeva and A. Paulus
Bank of Lithuania working paper series (2024) (link)
POLICY REPORTS
"Consumer price rigidity in a context of low and high inflation: the case of Lithuania"
Bank of Lithuania discussion paper series (2023) (link)
"Price adjustment in the euro area in the low-inflation period: evidence from consumer and producer micro price data"
ECB Occasional paper series (2023) (link)
More policy reports: (link)
PUBLICATIONS
"New facts on consumer price rigidity in the Euro Area", with E. Gautier, C. Conflitti, R. Faber, B. Fabo, L. Fadejeva, J.-O. Menz, T. Messner, P. Petroulas, P. Roldan-Blanco, F. Rumler, S. Santoro, E. Wieland, and H. Zimmer
American Economic Journal: Macroeconomics (2024) (link)
"The dynamics of product and labor market power: Evidence from Lithuania", with Z. Ding and J. Garcia-Louzao
Economics of Transition and Institutional Change (2024) (link)
"ECB monetary communications: Market fragmentation at stake", with I. Mikaliūnaitė-Jouvanceau
Economics Letters (2023) (link) (online appendix (link))
"Wage growth in Lithuania from 2008 to 2020: Observed drivers and underlying shocks", with J. Garcia-Louzao
Baltic Journal of Economics (2023) (link)