New working paper on the term structure of inflation expectations after tariff shocks
New working paper on the term structure of inflation expectations after tariff shocks
Tariffs can stimulate entry and slow automation in the short run, but their effects on production, trade, and welfare are subtle — and depend crucially on redistribution. www.nber.org/papers/w34935
It is with deep sadness that the Paris School of Economics community and the academic world have learned of the passing of Roger Guesnerie, its founding president.
His intellectual legacy will continue to inspire the academic community.
Depending on how you look at it growth in Q3 was very very strong or very strong or just possibly merely strong. Annual rates:
GDP: 4.3%
Real final sales to domestic purchasers: 2.9%
Average of GDP & GDI: 3.4%
GDI: 2.4%
Deep Learning for Solving and Estimating Dynamic Models in Economics and Finance: Simon Scheidegger
What drove top inequality in France since 1984? Markups, taxes, and asset prices, but mainly through saving-rate responses. The paper quantifies the mechanisms in a heterogeneous-agent model with three assets (deposits, housing and capital) and disciplined by DINA data.
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
📣Out today📣:
Report on #wealth and #inheritance in #Switzerland, based on close to 17 million tax records
190 pages of facts & figures, put together with @fuster.bsky.social, @izmartinez86.bsky.social & Falone Moseka, and supported by E4S (@heclausanne.bsky.social, EPFL, IMD)
👉 lnkd.in/dPuCknGm
Aurélien Eyquem
Aurélien Eyquem
En France, "il sert à tout sauf à financer la recherche", la charge de Philippe Aghion contre les milliards gaspillés du Crédit d'Impôt Recherche
challenges.fr/economie/il-sert-a-tout-sauf-a-financer-la-recherche-la-charge-du-prix-nobel-philippe-aghion-contre-les-milliards-gaspilles-du-cir_641949
Forthcoming article "Unpacking Rising Inequality: The Roles of Markups, Taxes, and Asset Prices" by Stéphane Auray @eyquem2.bsky.social @bgarbinti.bsky.social and Jonathan Goupille-Lebret
@eeanews.bsky.social
doi.org/10.1093/jeea...
Teaching materials available: www.eeassoc.org/teaching-mat...
Lors d’une table ronde au « Printemps de l’Economie », le prix Nobel Philippe Aghion a dénoncé l’inefficacité du dispositif très généreux français, capté par les grands groupes et qui le défendent en ...
challenges.fr
Exploring how a tariff may increase current inflation expectations but reduce expectations of future inflation, from Stéphane Auray, Michael B. Devereux, Anthony M. Diercks, Aurélien Eyquem, and Joon Kim www.nber.org/papers/w35076
Exploring how a tariff may increase current inflation expectations but reduce expectations of future inflation, from Stéphane Auray, Michael B. Devereux, Anthony M. Diercks, Aurélien Eyquem, and Joon Kim www.nber.org/papers/w35076
Jason Furman
Paris School of Economics
Abstract. We study the dynamics of income and wealth inequality using a heterogeneous-agent model that combines endogenous portfolio choice, a granular rep
