Paris School of Economics
Address: 48 boulevard jourdan 75014 Paris
PSE Macro Days 2025
Symposium
Location 48 Boulevard Jourdan, 75014 Paris, France
Location Daniel Cohen Amphitheater
Presence On site
Hourly –
Program:
International Macroeconomics Chair’s annual conference
08:45 – Coffee
Session I – Monetary and Fiscal Policy in HANK
09:00-09:45 – Sebastian Graves (University of Cambridge)
The Labor Demand and Labor Supply Channels of Monetary Policy
09:45-10:30 – Ante Šterc (Bank of Portugal)
Tax Structures and Fiscal Multipliers in HANK Models
10:30-11:00 – Coffee break
Session II – The Dynamic Effects of Tariff Shocks
11:00-11:45 – Tommaso Monacelli (Bocconi University)
Tariffs and Monetary Policy
11:45-12:30 – Anastasiia Antonova (Aix-Marseille School of Economics)
The Propagation of Tariff Shocks via Production Networks
12:30-13:30 – Lunch break
Session III – Housing and Monetary Policy
13:30-14:15 – Ettore Savoia (Sveriges Riksbank)
The Housing Channels of Monetary Policy
14:15-15:00 – Thomas Lazarowicz (University College London)
Monetary Transmission Through the Housing Sector
15:00-15:30 – Coffee Break
Session IV
15:30-16:15 – Marta Cota (Nova School of Business and Economics)
Gender Differences in Savings Over the Life-Cycle: The Role of Financial Literacy
16:15-17:15 – Keynote: David Berger (Duke University)
Mortgage Markets and the Transmission of Monetary Policy
17:15-18:15 – Policy Panel
Macroeconomic Risk Chair’s annual conference
08:45 – Coffee
Session I – New Perspectives on Pricing
09:00-9:45 – Anton Nakov (European Central Bank)
Business Cycles with Pricing Cascades
09:45-10:30 – Ivan Yotzov (Bank of England)
State and Time-Dependent Pricing
10:30-11:00 – Coffee break
Session II
11:00-11:45 – Cristiano Cantore (Sapienza Università di Roma)
The Unequal Costs of Pollution: Carbon Tax, Inequality, and Redistribution
11:45-12:45 – Keynote: Stijn Van Nieuwerburgh (Columbia Business School)
Putting the Finance Back into Public Finance
12:45-13:45 – Lunch break
Session III – Firm Dynamics
13:45-14.30 – Pau Roldan Blanco (Autonoma University Barcelona)
Industry Life Cycles in General Equilibrium
14:30-15:15 – Serdar Ozkan (Federal Reserve Bank of St. Louis)
Scalable versus Productive Technologies
15:15-15:45 – Coffee Break
Session IV – Sovereign Risk
15:45-16:15 – Matthias Gnewuch (European Stability Mechanism)
Dangerous Liaisons? Debt Supply and Convenience Yield Spillovers in the Euro Area
16:15-17:00 – Francisco Roldan (International Monetary Fund)
The Perils of Bilateral Sovereign Debt
Organizers:
- Tobias Broer (PSE, Université Paris 1 Panthéon-Sorbonne, IIES, CEPR)
- Juan Carluccio (Banque de France, University of Surrey, CEPR)
- Edouard Challe (PSE, CNRS, CEPR)
- Riccardo Cioffi (PSE)
- Gilles Saint-Paul (PSE, École normale supérieure – PSL, CEPR)
The International Macroeconomics Chair is the result of a partnership between the Banque de France and PSE. Sharing the same vision about scientific needs on international issues, these two organisations joint their efforts to build a chair with the objective of fostering the development of research on the financial & monetary international system, and in international Macroeconomics.
The Macroeconomic Risk Chair aims to promote the development and dissemination of research into a number of areas linked to the issue of macroeconomic risk, the macroeconomic effects of uncertainty, the financial and macroeconomic contagion effects of crises and the long-term risks.
The Centre for Economic Policy Research (CEPR) is a network of almost 1,900 research economists based mostly in European universities. The Centre’s goal is twofold: to promote world-class research, and to get the policy-relevant results into the hands of key decision-makers. CEPR’s guiding principle is ‘Research excellence with policy relevance’. It was founded in the UK in 1983, where it is a Charity, and in November 2019 CEPR initiated the creation of an Association under French law, in order to provide a vehicle for an expansion in France. The members of the Conseil d’Administration of the Association are identical to the UK Board of Trustees.
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Paris School of Economics