Macroeconomic Risk Chair: Newsletter #8 - January 2022

The Macroeconomic Risk Chair has been launched in June 2018. Held by PSE, it is financed by the SCOR Foundation for Science.

Under the scientific leadership of Gilles Saint-Paul (PSE, ENS) and the executive leadership of Axelle Ferriere (PSE, CNRS), the chair aims to strengthen high level research and the dissemination of knowledge to generate a better understanding of contemporary macroeconomics.

To contribute to this goal, a newsletter is released three times a year, summarizing the research performed and promoted within the chair. To read the previous newsletters, follow this link.

Summary

> Can Democracy Survive a Concentrated Economy ?
An interview with Luigi Zingales (The University of Chicago Booth School of Business)

> A Model of Post-2008 Monetary Policy, by Olivier Loisel (CREST, ENSAE)

> A Model of Credit, Money, Interest and Prices, by Saki Bigio (UCLA, NBER)

> Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium, by Alberto Martin (CREi, UPF, Barcelona GSE)

> The Effect of Macroeconomic Uncertainty on Household Spending, by Olivier Coibion (University of Texas at Austin)

> Zero Lower Bound on Inflation Expectations, by Dmitriy Sergeyev (Bocconi University)