Theoretical Economics Volume 19, Issue 3 (July 2024) is now online econtheory.org

Glad to see our paper with Eric Mengus in the latest volume of TheoreticalEconomics !

Extremely happy too!

📣📣"Firms and cities" conference (w Tomasz K. Michalski) on 27/9 on HEC Paris Business School campus. Keynote: G. Duranton Presenters: Frederic Robert-Nicoud , Elisa Giannone , L. Gobillon, A. Trew, Gregory Verdugo, B. Schmutz Register: evenium.events/3rdfirmsandcit… #HECFirmsCities Knowledge@HEC

🚨New publication with Eric Mengus and Guillaume Plantin in #JournalofEconomicTheory. ➡️A (long) thread on how this paper helps us understand fiscal-monetary interactions and how it connects with recent debates on the influence of public debt on inflation. ➡️ authors.elsevier.com/c/1jYMi50wadqoL

27/9: "Firms and cities" workshop (w Eric Mengus) @HECPariscampus. Keynote: G.Duranton The Wharton School Presenters: Frederic Robert-Nicoud Elisa Giannone Laurent Gobillon A.Trew Gregory Verdugo B.Schmutz Register: evenium.events/3rdfirmsandcit… #cities #urban #economics #France #HECParis #ANR Knowledge@HEC

Sept. 27: “Firms and Cities” 3rd Annual Workshop HEC Paris Business School, by #HECprofs Tomasz K. Michalski and Eric Mengus, will feature Keynote speaker Gilles Duranton (The Wharton School HEC Alumni) and Frederic Robert-Nicoud Elisa Giannone Laurent Gobillon A.Trew Gregory Verdugo B.Schmutz Register: hec.edu/en/faculty-res…

⬇️ Rapport très riche et très fouillé d'@AntoineBozio et d'Etienne Wasmer !! Si on ne devait retenir qu'un seul graphe, ce serait évidemment celui-ci, présentant le scénario de réforme central visant à diminuer la pente des exonérations de charges à budget (estimé) constant :

New CEPR Discussion Paper - DP19591 Fiscal Dominance: Implications for Bond Markets and Central Banking Jean Barthélemy Banque de France, Eric Mengus@EricMengus HEC Paris Business School, Guillaume Plantin Sciences Po ScPoEcon ow.ly/p89C50TOcgx #CEPR_IMF #CEPR_MEF #economics

New WP with Jean Barthelemy and Guillaume Plantin. We review some of the literature on fiscal dominance and discuss using a simple theory the role of bond markets and central banking. Ungated version: papers.ssrn.com/sol3/papers.cf…

🎙️Erwan Gautier présente l’#inflation telle qu’elle est perçue par les ménages : il y a une surestimation systématique du niveau de l’inflation

Europe had an effective tool for climate action: the Emissions Trading System (ETS). Instead of expanding this market-based solution, we've built a byzantine regulatory framework that goes far beyond emissions reduction. THREAD on my post today on the "Compliance Doom Loop" 1/10

New CEPR Discussion Paper 19862 Household Beliefs about Fiscal Dominance Philippe Andrade Philippe Andrade, Erwan Gautier Erwan Gautier, Eric Mengus Eric Mengus, Emanuel Moench Emanuel Moench, Tobias Schmidt Deutsche Bundesbank ow.ly/WlyJ50UKPR0 #CEPR_IMF, #CEPR_MEF, #econtwitter

New WP with Philippe Andrade, Erwan Gautier, Emanuel Moench and Tobias Schmidt. We use individual survey data to provide direct micro-evidence that a share of households have beliefs consistent with a fiscal dominance mechanism. Ungated version: papers.ssrn.com/sol3/papers.cf…

📣 Join us for the workshop on "Firm organization and capabilities" (organized with T. Michalski) on June 17 on the HEC Paris campus! Program and registration: evenium.events/gt3xctyu #HECFirmsCapabilities #HECParis

To all macro PhD students: We're organising a PhD workshop in beautiful Konstanz in October! Submission deadline on June 1st. Please circulate and apply! Call for papers attached 👇

A survey of French firm's inflation expectations that predate inflation spikes provides evidence on the anchoring of expectations during an inflation surge and the relevance of expectations for firms' decisions, from Erwan Gautier, Frédérique Savignac, and Olivier Coibion

Could rising inflation be less about central banks—and more about what households believe governments can’t pay back? Eric Mengus , Hec Paris , discusses: faculti.net/how-beliefs-dr… #economics

Could rising inflation be less about central banks—and more about what households believe governments can’t pay back? Eric Mengus , Hec Paris , discusses: faculti.net/how-beliefs-dr… #economics